Home Construction

It is everyone’s aspiration to build their own home. At Centrum, we offer two differential products to cater to your requirements.

Plot + Construction Loan

Customers can avail loans for purchase of non-agricultural plots and construction of a residential unit on the same with necessary approvals.

Minimum Loan Amount: 3 Lakhs
Maximum Loan Amount: 60 Lakhs

Maximum Tenure: 240 months

CHFRR: 16.5%

Customer Type

Interest Rate

Salaried

11.5% to 12.5%

Self Employed Professional

11.5% to 13.5%

Self Employed Non Professional

11.5% to 13.5%

Self-Construction Loan

Self-construction loans are extended to customers to construct residential premises either from a contractor or contractual builder on a freehold owned plot of non-agricultural land as per approvals from necessary authorities. The loan is disbursed as per the stage of construction giving the customers flexibility to contribute their share in parts.

Minimum Loan Amount: 3 Lakhs
Maximum Loan Amount: 60 Lakhs

Maximum Tenure: 240 months

CHFRR: 16.5%

Customer Type

Interest Rate

Salaried

11.5% to 12.5%

Self Employed Professional

11.5% to 13.5%

Self Employed Non Professional

11.5% to 13.5%