At Tirur Urban Co-operative Bank (TUCB), we offer a home ownership a reality with simple and stress free. Whether you're buying a new house, constructing on your land, or renovating your existing home, TUCB provides the right loan solutions tailored to your needs.
| Security | Immovable property of the loanee. |
| Eligibility | A Class/D Class membership in the bank . |
| Purpose | Construction of new house, Purchase of house/flat, and Repairs or renovation of the existing house. |
| Loan Amount | Maximum 50 Lakhs. Stagewise disbursement. |
| Repayment Period | 5-15 Years (EMI/Non EMI) |
| Loan to be closed before attaining the age of 65 years. | |
| Interest Rate | 8.5 - 12% pa (Diminishing) |
| Documentation | Pre-sanction Documentation(Applicable to all mortgage loans) |
| Loan Processing Charges | |
|---|---|
| All Loans including Surety loans, MWL (Except gold loans, Deposit loans, NSC Loans, and loans to Staff) | 0.8% of the loan amount + GST Maximum 25,000/- |
| Cost of all loans (Mortgage) form | Rs.250/- + GST |
