​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 charge

• 1.5% per month on overdue amount for actual days of due.