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GIC Housing Finance Home Loan

  • Features: The company offers a bouquet of options to the borrower in terms of tenure, rate of interest Fixed rate option, Floating rate option, Flexi Fix rates, Step up or Step Down mode of repayment, Mortgage Loans and the borrower gets value additions like Free insurance to borrower against accidental death,free Insurance to property against Fire, and allied Risk, no charges for part payment of Loan before end of tenure. There is no fixed number of part prepayments that could be made over the tenure of loan.

    Co-applicants allowed: Father,Mother,Spouse

    Processing Fees: 0.65% of loan amount.

    Prepayment Charges: 2% on principal amount prepaid.

    Min-Max Age: 18-60

    Max Tenure: 15

    Plan Interest Rate Min Interest Rate Max EMI Processing Fee

    Home loan residential

    GIC Housing Finance – Floating 10.25 10.25 21799 0.65% of loan amount.
    GIC Housing Finance – Fixed 14.25 14.25 26972 0.65% of loan amount.

    Home loan Plot of Land

    GIC Housing Finance Other Plans

    GIC Housing Finance – Floating 10.5 10.5 22108 0.65% of loan amount.
    GIC Housing Finance – Fixed 14.25 14.25 26972 0.65% of loan amount.

    Published on August 5, 2010 · Filed under: GIC Housing Finance Home Loan, Home Loan;
    1 Comment

One Response to “GIC Housing Finance Home Loan”

  1. Jay Kumar Sahu said on

    Can you please provide the processing charge for loan upto 25 lacs?

    Is that mandatory to take Home Insurance as in other bank it is not mandatory?

    Please provide the details mentioned above ASAP so that i can apply loan in GIC Housing scheme.

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