Question:

What is the Purpose of United Bank Housing Loan Scheme?

by Guest1656  |  12 years, 7 month(s) ago

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I am a university student and have been assigned a task regarding United Bank of India. I want to know  the Purpose of United Bank Housing Loan Scheme.

 Tags: bank, Housing, Loan, purpose, Scheme, United

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  1. Guest5164
    The Purpose of United Bank Housing Loan Scheme is to purchase/construction / extension/ repairs /renovations/furnishing of residential house / flat including the purchase of land and construction thereon.
    Supplementary finance to complete the project financed by the employer.
    Takeover of the Housing Loan from other Banks/Housing Finance Companies, Housing Boards.
    Purchase/take-on of long term lease (min. 10 yrs) of house/flat from Govt. Bodies/PSUs (unexpired lease period should exceed at least 5 years than repayment period of loan).
    For purchase/construction of 2nd house/flat.

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