Housing Loan
TNSC Housing Loan is designed for individuals and families, a home loan aims to acquire or enhance residential property with flexible financing options.
Your dream home, financed.
Repayment up to 15 years (EMI).
ROI as low as 8.25%* p.a.
Max up to ₹75L*.
Purpose
- To purchase a house/flat or for construction of a house/flat. Loans are also sanctioned for upgradation of an existing house, including major repairs. For existing flats, loans are sanctioned only for an increase in living space. For purchase of a house/flat, the property should have been constructed within the preceding 15/10 years respectively.
Eligibility
- Any individual in employment with Government/Quasi-Government organisations, banks and other reputed establishments, or private/public sector undertakings, with adequate means to repay the principal and interest, is eligible to apply.
Quantum
- Up to ₹75,00,000.
Loan-to-Value (LTV): up to ₹30 lakh, 90%.
Above ₹30 lakh to ₹75 lakh, 80%.
Above ₹75 lakh, 75%.
Repayment Period
- 15 years (EMI).
Conditions
- Margin requirement: Purchase of plot: up to 65% of property value/loan amount, whichever is less.
Construction of house: up to 90% of construction cost.
Extension/repairs/renovation: up to 90% of construction cost.
Purchase of flat: up to 80% of flat value.
Balance transfer: up to 100% of outstanding loan, subject to Bank norms.
Government employees who've availed a House Building Advance (HBA): additional housing loan over and above the HBA, subject to eligibility.
Interest Rates
- From 8.25% p.a. The applicable rate depends on your CIBIL score and the loan amount; your branch will confirm it before sanction. Subject to change from time to time.
- See the full Interest Rates page →
Top Up Loan
Sometimes dreams need a little extra support. With our Top Up Loans, you can fund personal or professional milestones like a home renovation, with minimal new documentation. Allow your aspirations to ignite even greater visions.
Fuel up your Loan.
Minimal documentation.
Upgrade your financial possibilities.
Flexible tenures.
Purpose
- Additional finance on an existing housing loan, for renovation, furnishing or personal needs.
Eligibility
- Existing TNSC Bank housing loan borrowers with a satisfactory repayment record.
Quantum
- Based on the residual value of the mortgaged property and the outstanding housing loan, subject to Bank norms.
Repayment Period
- Flexible tenures aligned to the remaining term of the underlying housing loan.
Conditions
- Minimal additional documentation. The existing housing-loan mortgage continues as security.
Interest Rates
- Content to be updated from the existing TNSC Bank website.
- See the full Interest Rates page →
Building Mortgage Loan
Your property goes far beyond just an asset. Unlock its true potential with TNSC Bank's Loan Against Property.
Tap 50% value / ₹20L*.
Anywhere within our limits.
Repayment up to 10 years.
ROI as low as 11% p.a.
Purpose
- To unlock the value of residential or commercial property for personal or business needs.
Eligibility
- Property owners with clear title, within the Bank's operational limits.
Quantum
- Up to 50% of the property value, subject to a maximum of ₹20 lakh.
Repayment Period
- Repayable over up to 10 years.
Conditions
- The property is mortgaged to the Bank. Standard KYC and legal scrutiny of title apply.
Interest Rates
- Starting from 11% p.a., subject to change from time to time.
- See the full Interest Rates page →
EMI calculator
Ready to apply?
Visit any of our 51 branches with your KYC documents, or call our helpline to get started.