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| For Date:
3rd February 2012 |
| Currency
| Buying
(Cash)
| Buying
(Doc.)
| Selling
|
| US Dollar |
77.31 |
77.70 |
78.30 |
| Euro |
101.70 |
102.21 |
103.23 |
| Sterling Pound |
122.34 |
122.95 |
124.18 |
| more |
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Mortgage Loan Scheme
General Purpose Loan / Line of Credit
Margin:
The borrower has to offer immovable property whose value on distress is at least 200% of the loan amount. The loan will be restricted to 50% of the distress sale value of the property offered as security subject to a ceiling of Rs. 20,00,000/- for the proposals up to the sanctioning powers of Chief Manager (Credit)
Repayment
The repayment by way of indicative Equated Monthly instalments on the basis of contracted rate of interest would be fixed for a maximum period of 60 months.
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