Asha Home loans

Q: Hello, please update about this housing loan

Diwakar Shetty,

9th April 2014

Real estate News

middle income group

axis bank

affordable houses

housing loans

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Replies (3)

Can we get loan as per Market Value while purchasing a plot for construction in Asha Home loan plan?

Gokula Kannan,

8th May 2014

Comment

Hello everyone, the Asha home loans offers up to 90 per cent of the market value of the property as loan and mainly for the low income group with many people in the periphery of tier I and tier II and III cities aspiring to buy a home but not able to because of low incomes and high rates of interest.

N.Mathur, Delhi-NCR

9th April 2014

Comment

Well, Axis bank has launched this housing loan on occasion of its 20th anniversary and aims to target the low income group and sees good potential among this section of people.

Sudip Ganguly, Kolkata

9th April 2014

Comment

Oh..that i think is a very good move by the bank..can u elaborate more about the tenure and other criteras like the amount that can be got..

Anuj Gupta, Mumbai

9th April 2014

Well Anuj, they are giving 30 years loans to low income group having family income of Rs 8000-10 000 per month and above.
The product offers loans as small as Rs 1 lakh and up to Rs 15 lakh in small towns (population less than 10 lakh) and up to Rs 25 lakh in larger towns (population more than 10 lakh). They have both floating and fixed rate of interest.

Sudip Ganguly, Kolkata

9th April 2014

can we get loan as per market value while purchasing a plot for construction?

Gokula Kannan,

8th May 2014