Central Bank of India Loan Interest Rates

Hii sir, I wanted to know the home loan interest rates of the Central Bank of India? Also provide me the details of the home loan schemes also ?

[Saksham]

As you asking for the interest rate of the home loans of the central bank of India the interest rate of home loan are :

B.P.L.R ( w.e.f 01.08.2011 ) 15.00% p.a
Base Rate (BR) w.e.f. 08.10.2015 9.70%

Eligibility:
Individuals , Groups of individuals , who have attained 18 years ( completed) as on date of application and including Cooperative Societies , having a legal, identified and regular source of income either singly or jointly with Parents, sons, spouse.

NRI are also eligible for Housing loan,

Margin:
Loan Amount Home loan as percentage of Cost of Home/flat
Upto Rs.20.00 Lakhs 90%
Above Rs. 20.00 lakhs – up to Rs. 75. 00 lakhs 80%
Above Rs. 75.00 Lakhs 75%
For repairs / renovation / alteration of existing house/ purchase of plot. 75
Moratorium period: Maximum up to 36 months
Processing Charges: 0.50% of the Loan Amount subject to maximum Rs.20,000/-

Repayment:
Maximum period of 30 years or on borrower reaching the age of 70 years whichever is earlier.
10 years in case of Repair/Renovation