::Welcome to Jammu and Kashmir Bank Limited ::

Customer Information | Investor Relations | Services

::Welcome to Jammu and Kashmir Bank Limited ::

Home Finance |Educational Finance |Automobile Finance |Other Finances |Specialised Finances

Housing Loan Scheme

	Quantum of loan	For Construction /Purchase 60 months net salary or 75.00 Lacs whichever is lower. For repairs/renovation 20 months net salary, subject to a maximum of 10.00 Lacs. For purchase of land: 20 months net salary/income subject to maximum of 5 Lacs within J&K and 10.00 Lacs outside J&K. Also as an incentive for small borrowers, the loans upto 1.5 Lacs granted for repairs/renovations of existing houses would now be secured by third party guarantee of two persons or such other security as is deemed appropriate by the Bank.

	Eligibility	Employees of Govt. , Semi-Govt. Dept., Civic Bodies, PSU's with minimum 5 years service. Reputed Businessmen with minimum 5 years standing. Professionals & Self employed like Doctors ,Engineers , CA's , Advocates with minimum 5 years standing

	Rate of Interest (Subject to Change)	Click here for rate of Interest

	Security	Mortgage of the house/property to be purchased/ constructed. Third party guarantee of one person or Assignment of LIC policies, pledge of govt. securities etc. Negative lien on the property to be repaired/renovated without mortgaging the same to the Bank.

	Repayment	For construction of new house 20 years including 9 months moratorium in equal monthly installments.(Applicable to new loans and disbursements only) For addition / Renovation 10 years Including 2 months moratorium in equal monthly Installments.

	Margin	15% for construction/purchase of built house flat. 20% for renovation/purchase of land.

	Processing charges	0.25% of loan amount
Top		(Conditions Apply)

::Welcome to Jammu and Kashmir Bank Limited ::

		Quick Links

		EOI & Tender Notifications

		Tools/Calculators

		Annual Reports

		Interest Rates

		SMS Alerts for your Accounts

		Apply Now

		Grievance Redressal

		Pay your Tax Online

		Mail Access for Employees

		MasterCard Offers

		Unclaimed Deposits

		Loan Application Status

		Seed Capital Fund scheme Grievance

	Product Finder

	Branch/ATM Finder

::Welcome to Jammu and Kashmir Bank Limited ::

OUR BANK IS A MEMBER OF BCSBI.\| Beware of fictitious offers/lottery winnings/cheap funds offers :RBI Advisory \| Find us on
Financial Inclusion\FLCCs \| Service Charges Schedule \| Coins & Notes Exchange Facility \| Corporate Social Responsibility \| Related Sites \| Banking Ombudsman Scheme \| User Terms of Service