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​Micro Home Finance Interest Rates

Risk related rate of Interest

  • The interest rate charged to the customer is based upon the customer profile, Credit bureau score, property type, market competition offerings, etc.
  • The interest rate applicable will vary from time to time and will be mentioned against the specific operative schemes/loan products

Mode of Calculation

  • The interest rate will be quoted on an annualized basis only.
  • Compounding, if any, will be provided in specific loan schemes.

Penal/overdue Interest

  • 3% per month on overdue amount for actual days of due.