Loan Matrix

Note :

The amounts are the max loan admissible subject to the repaying capacity and NE Benefits of each applicant.
The numbers of instalments are subject to the period of service left to recover the total instalments

	OFFICERS	AIRMEN	NCs(E)
House Building Loan - First Loan
Max Loan Amount	75 Lakh
Max Instalments (EMIs)	300
Interest Rate	8.50%
Interest Rate
House Building Loan - Second Loan
Max Loan Amount	75 Lakh (including HBL outstanding as on date of sanction of loan)
Max Instalments (EMIs)	300
Interest Rate	8.50%
Extension/ Renovation of Existing House/ Flat
Max Loan Amount (Renovation of House/Flat)	50 Lakh (Limited to total of 75 Lakh)
Max Instalments (EMIs) including originally sanctioned instalment	300
Interest Rate	7.50%pa(wef 01 Dec 23)		7.25%pa(wef 01 Dec 23)
Purchase of Plot
Max Loan Amount	40 Lakh
Max Instalments (EMIs)	300
Interest Rate	7.50%pa(wef 01 Dec 23)		7.25%pa(wef 01 Dec 23)
Modern Home Instalations Loan (HBL-3)
Max Loan Amount	25 Lakh	25 Lakh	25 Lakh
Max Instalments (EMIs)	120
Interest Rate	8.50%
Conveyance Loan - Two Wheeler
Max Loan Amount	5 Lakh	5 Lakh	5 Lakh
Max Instalments (EMIs)	96
Interest Rate	8.00% (wef 01 Dec 23)
Conveyance Loan - New Car
Max Loan Amount	50 Lakh	25 Lakh	25 Lakh
Max Loan Amount	50 Lakh		25 Lakh
Max Instalments (EMIs)	180	180	180
Interest Rate	8.00% (wef 01 Dec 23)
Conveyance Loan - Pre-owned Car
Max Loan Amount	20 Lakh	8 Lakh	8 Lakh
Max Loan Amount	20 Lakh		8 Lakh
Max Instalments (EMIs)	120	120	120
Interest Rate	8.00% (wef 01 Dec 23)
Personal Computer Loan/Laptop / High End Mobile
Max Loan Amount	3 Lakh
Max Loan Amount	Service > 6 months	(a) Service > 2yrs (b) Not eligible if Service < 5 years & HBL/MCL running
Max Instalments (EMIs)	96
Interest Rate	8.00%pa(wef 01 Dec 23)