Frequently Asked Questions

Get answers to your queries

Yes, you can claim tax deductions under Sections 80C and 24B for principal and interest repayments.

No, there are no prepayment or pre-closure charges.

You can avail up to ?35 lakh based on your eligibility and project cost.

Yes, co-applicants can be included. They can be your spouse, parents, or children.

You can repay the loan in Equated Monthly Installments (EMIs) through Electronic Clearing Service (ECS) or NACH mandates.

Ready-to-occupy properties: Maximum 3 months.

Individual houses under construction: Maximum 18 months.

Builder projects: Up to 3 years, as per project completion timelines.

If the loan for plot purchase is closed without house construction, commercial ROI will
be charged from the date of availment.

Yes, SIB Ashirwad covers renovation, extension, and repairs.

Yes, top-up loans can be availed based on your repayment history and property value.

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