Sree Thyagaraja Co-operative Bank Limited

Email : admin.ao@stcb.org.in
Call on us : +91 80 22958155/56/57

New Housing Loan Scheme

Sree Thyagaraja Housing Loan Scheme

Eligibility Criteria

The Cibil score should be 700 plus.
General rate of interest will be levied for loan applications whose CIBIL Score Is less than 700 points.
A sum of Rs 500/-will be charged for annual inspection charges.
Income Tax returns of 3 consecutive years is mandatory.
On occasion of “AKSHAYA THRITHYA” loan processing charge will be 0.5% for the Period from 01.05.2022 to 31.05.2022 for Housing Loan.

Amt in lacs	Repayment Period	ROI	Repayment period	ROI	Repayment period	ROI
Upto Rs.10.00	Upto 60 Months	7.25	Upto 120 Months	7.50	Upto 240 Months	7.75
Upto Rs.35.00	Upto 60 Months	7.75	Upto 120 Months	8.00	Upto 240 Months	8.50
Above Rs.35.00	Upto 60 Months	8.00	Upto 120 Months	8.50	Upto 240 Months	8.75

Sree Thyagaraja Mortgage Loan Scheme

Eligibility Criteria

The Cibil score should be 700 plus.
General rate of interest will be levied for loan applications whose CIBIL Score Is less than 700 points.
A sum of Rs 500/-will be charged for annual inspection charges.
Income Tax returns of 3 consecutive years is mandatory.
On occasion of “AKSHAYA THRITHYA” loan processing charge will be 0.5% for the Period from 01.05.2022 to 31.05.2022 for Housing Loan.

Amt in lacs	Repayment Period	ROI	Repayment period	ROI	Repayment period	ROI
Upto Rs.10.00	Upto 60 Months	8.50	Upto 120 Months	9.00	Upto 150 Months	9.50
Upto Rs.25.00	Upto 60 Months	8.75	Upto 120 Months	9.25	Upto 150 Months	9.75
Above Rs.50.00	Upto 60 Months	9.00	Upto 120 Months	9.50	Upto 150 Months	10.00
Above Rs.50.00	Upto 60 Months	9.25	Upto 120 Months	9.75	Upto 150 Months	10.25