Housing Loan for Raj. Govt. Employees by SBBJ
State Bank of Bikaner & Jaipur Offers Special Home loans for Rajasthan Government Employees. Bank Transfer into State Bank of India.
Home Loan applications received for rupees ₹ 419,027 crores till 23 April 2024
Key features of the scheme are furnished below:
| Name of the scheme | Housing Loan for Raj. Govt. Employees |
| Purpose | Purchase of plot/house/flat, construction, extension, renovation and refurbishing |
| Eligibility | Regular employees of State Govt. having minimum service of 2 years and upto the age of 55 years |
| Loan Amount | 60 times of gross monthly income subject to total deduction including proposed EMI is restricted to 60% (voluntary saving excluded). Income of spouse cannot be clubbed. |
| Margin | 15% 20% for the plot. |
| Rate of interest | 9.45% |
| Repayment | Maximum 20 years or upto the remaining length of service |
| Security | Mortgage/Eq. mortgage of the property proposed to be purchased/constructed/improved |
| Processing Fee | NIL |
