SBI GRAM NIWAS HOME LOANS IN RURAL AREAS – Details

Gram Niwas home loans Scheme for Rural Areas of India by State Bank of India.

• Scheme covers all Rural and Semi-urban centres having population upto 50,000 as per 2001 census.

• Home Loans under Gram Niwas Scheme are sanctioned for purchase/ construction/repair and renovation of house and purchase of plot for construction of a house/shed etc.

Loan Amount

• Minimum Loan Amount: Nil
• Maximum Loan Amount: Rs. 5 lacs

Repayment Period

• Maximum repayment period :15 years

(Processing Charges are waived under the Gram Niwas Scheme)..

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