Housing Loans

Realize your dream of owning a home with the help of our fast, friendly and convenient housing loan scheme. We offer loans for construction of residential houses or purchase of existing residential houses, flats for self dwelling or for rental purpose to individuals and for extension and upgradation including major repairs to owners of houses/ flats. Various re-payment methods are available under this scheme and one can pre-close the loan with nominal pre-closure charges.

Purpose

For purchase/ construction of houses/flats by individuals.

Repairs, alterations and additions to houses/ flats by individuals.

Education , health, social, cultural or other institutions/ centers which are part of a housing project and considered necessary for the development of settlements or townships.

Shopping centres, markets and such other centres catering to day-to-day needs of the residents of the housing colonies and forming part of housing project.

Quantum of Loan

Maximum of Rs. 70 lakhs for purchase/construction/extension of house/flat, etc. Rs. 5lakhs for repairs, renovation, etc

Repayment period

1) Loan period is Max 10 years for above Rs. 5lakhs. (2) Repairs, renovation loan period is Max 5 years for loan below Rs.5 lakhs

Security

Mortgage by deposit of all original title deeds of the property to be financed / Equitable mortgage of the Land and building after completion of construction of house property subject to legal clearance by panel advocate, valuation by panel valuer approved by Board and inspection of the property by authorized officer of the Bank.

Offers

Special offers on your debit card.

Gold Loans Lower ROI of 11.75%

Adarsh Bank

Steered by the motto of Safety, Profitability and Liquidity, we at Adarsh Cooperative Urban Bank are into our 21st year of operation and have emerged as the one of the foremost and fast growing Banks in the cooperative banking sector of Andhra Pradesh, commanding a good standing and reputation among customers and banking community.