KB HOME LOAN – GENERAL
Loan limit | For Construction of new house - up to 75 lakh For Renovation/Addition/For others - up to 20 lakhs |
Rate of Interest (Maintenance) |
Up to Rs 5 lakh – 9.50 % Above 5 lakh – 10.50 % |
Repayment period | Up to a maximum of 20 years. (240 monthly installments) For renovation/Addition – up to 10 years. |
Eligibility | Individuals over 21 years of age can apply individually or collectively. In applications with co-applicants, their income should also be considered for determination of loan amount. |