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Home Loan Plus

 

1

Name of the product

“PSB  HOME LOAN PLUS

2

Purpose

To retain Existing Home Loan Borrowers by giving them an option to shift their existing accounts to new scheme.

2

Eligibility

  1. All Existing Home Loan accounts sanctioned at least three months before the date of switchover are eligible to convert their accounts.
  2. Account should be standard and regular at the time of approval of switchover.
  3. Outstanding Housing Loan amount should be greater than Rs. 20 Lac.

3

CIC Scoring

CIBIL Score of borrower should be 690 and above

4

Service Charges

One –time switchover charges of 0.25%+ GST of the loan amount (outstanding +undisbursed loan amount), shall be levied.

 

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