Calculator

Interest Rates

Cyber Security

Downloads

Accessibility

Beauty and Comfort for Your Sanctuary

Flexible financing to refresh, repair, or renovate your living space.

A home is a work in progress, evolving as your family grows. TheĀ Griha Shobha LoanĀ is designed specifically for those who want to enhance their existing property. Whether it's a modern kitchen upgrade, structural repairs, or a complete interior redesign, we provide the financial support to help you maintain and beautify your most cherished asset without depleting your savings.

ENQUIRE NOW
  • Free Insurance
    Free Insurance

    Life & Accident Cover

  • Digital Services
    Digital Services

    Mobile Banking, UPI

  • Debit Card
    Debit Card

    Rupay Classic, Platinum

  • Personal Service
    Personal Service

    People-centric Banking

  • Purpose:Ā Exclusively forĀ House Repairs, Renovation, Additions, or AlterationsĀ of existing residential premises.

  • Loan Amount:Ā * MaximumĀ ā‚¹10 LakhĀ in Metropolitan centres (population of 10 Lakh and above)., MaximumĀ ā‚¹6 Lakh in other centres. (The combined outstanding balance (Housing Loan + Griha Shobha + Top up) must not exceed ā‚¹300 Lakh.) Ā (Existing + Proposed)

  • Repayment Period:Ā Maximum tenure ofĀ 120 MonthsĀ (10 years).

  • Security: Mortgage of Flat/Residential Premises (Registered / Equitable Mortgage) of immovable property free from all encumbrances are required for security.

  • Pre-payment / Foreclosure Charges:Ā NILĀ for individual borrowers.

  • Existing Borrowers:Ā Customers who have already availed of a Housing Loan from the bank with a regular repayment track record.

  • New/Takeover Customers:Ā Individuals taking over Housing and Top-up facilities from other Banks or Financial Institutions.

  • Joint Ownership:Ā All co-owners of the security must be taken asĀ Co-applicants or Joint Borrowers.

  • Guarantors:Ā Required on aĀ case-to-case basis.

  1. Identity/Address Proof:Ā Standard KYC documents (PAN, Aadhaar) for all applicants.

  2. Income Proof:Ā Latest salary slips/ITRs to verify repayment capacity.

  3. Property Documents:Ā Copy of the title deed and the latest valuation report from a Bank-approved valuer.

  4. Estimates:Ā Detailed estimate for the proposed repairs/renovation from a qualified Engineer or Architect.

  • Is there a minimum period I must have held my home loan before applying?Ā 
    This scheme is generally available to existing borrowers with a satisfactory repayment history or as part of a takeover.

  • Do I need to pay any margin for the repairs?Ā 
    No, the bank can finance 100% of the repair cost, provided your total debt stays within 80% of the property's market value.

  • Can I use this for a commercial shop?Ā 
    No, the Griha Shobha Loan is specifically for residential premises.

Service Charges, Margin & Rate of Interest :
- As Applicable from time to time

(Exclusive of GST)

  • Purpose:Ā Exclusively forĀ House Repairs, Renovation, Additions, or AlterationsĀ of existing residential premises.

  • Loan Amount:Ā * MaximumĀ ā‚¹10 LakhĀ in Metropolitan centres (population of 10 Lakh and above)., MaximumĀ ā‚¹6 Lakh in other centres. (The combined outstanding balance (Housing Loan + Griha Shobha + Top up) must not exceed ā‚¹300 Lakh.) Ā (Existing + Proposed)

  • Repayment Period:Ā Maximum tenure ofĀ 120 MonthsĀ (10 years).

  • Security: Mortgage of Flat/Residential Premises (Registered / Equitable Mortgage) of immovable property free from all encumbrances are required for security.

  • Pre-payment / Foreclosure Charges:Ā NILĀ for individual borrowers.

  • Existing Borrowers:Ā Customers who have already availed of a Housing Loan from the bank with a regular repayment track record.

  • New/Takeover Customers:Ā Individuals taking over Housing and Top-up facilities from other Banks or Financial Institutions.

  • Joint Ownership:Ā All co-owners of the security must be taken asĀ Co-applicants or Joint Borrowers.

  • Guarantors:Ā Required on aĀ case-to-case basis.

  1. Identity/Address Proof:Ā Standard KYC documents (PAN, Aadhaar) for all applicants.

  2. Income Proof:Ā Latest salary slips/ITRs to verify repayment capacity.

  3. Property Documents:Ā Copy of the title deed and the latest valuation report from a Bank-approved valuer.

  4. Estimates:Ā Detailed estimate for the proposed repairs/renovation from a qualified Engineer or Architect.

  • Is there a minimum period I must have held my home loan before applying?Ā 
    This scheme is generally available to existing borrowers with a satisfactory repayment history or as part of a takeover.

  • Do I need to pay any margin for the repairs?Ā 
    No, the bank can finance 100% of the repair cost, provided your total debt stays within 80% of the property's market value.

  • Can I use this for a commercial shop?Ā 
    No, the Griha Shobha Loan is specifically for residential premises.

Service Charges, Margin & Rate of Interest :
- As Applicable from time to time

(Exclusive of GST)