Hudco New Scheme

Does the HUDCO offer New Scheme to provide housing finance to individual? My father wants to get following information, so tell me from where I can get full details about New Scheme of provide housing finance to individual? Give me official website of HUDCO, where I may get this information?

Hello sir, my father is looking for scheme for Housing and Urban Development Corporation. Will you please provide me here detail new Housing and Urban Development Corporation scheme?

[shikha]

The Housing and Urban Development Corporation is provide new scheme for housing finance.

To provide housing finance to individual, HUDCO launched its Retail Finance window in 1998.

HUDCO NIWAS is offers most competitive interest rates coupled with broad based user friendly option and value added services as a part of its scheme.

New Housing and Urban Development Corporation scheme





Detail for HUDCO NIWAS - a cut above the rest:

Most competitive interest rates
Interest calculated on monthly reducing balance.
Free personal accident insurance to cover outstanding loan amount
Zero processing and low administrative charges @ 0.25% of the loan amount sanctioned.
No prepayment penalties.
Facility of resetting of existing loan from fixed to floating & vice versa on nominal charges.
Loan Tenure upto 25 years.
Transparency and No hidden cost
Free counselling on alternate building technologies.
Free counselling on designing the house.

Bulk loan also provided to State Government, Para-Statal institution of the State Government and for profit PSUs, for giving House Building Advance to their employees.

EMI:

EMI FOR LOAN Rs.1,00,000/- (on monthly reducing balance method)
Term of Loan (Years) Installment Amount (Rs.) (Interest Rate 9.75% Floating) (Interest Rate 9.80% Floating)
5 2113 2115
10 1308 1311
15 1060 1063
20 949 952
25 892 895

Contact to:

Housing and Urban Development Corporation Ltd.
HUDCO Bhawan, Core-7-A,
India Habitat Centre, Lodhi Road,
New Delhi - 110 003
Tel: 011-24649610-23,
24627113-15, 24627091, 92, 95
After Office Hours: 24648193-95
Fax: 011-24625308
CIN: L74899DL1970GOI005276