Loans are generally available for a tenure of 12 months to 84 months or
even more. Tax Benefits: According to the Income Tax Act of 1961.
With time, the need for much more facilities is needed for a home. Also with time, the look of the homes tend to fade. With Meenachil Cooperative Bank, the grace of your home can be remade. Considering all common man, Grahashobha loans are designed to renovate or extend their homes according to their needs.
| Slab | Interest Rate |
|---|---|
| Upto and inclusive of Rs. 50,000/- | 12.5 % |
| Rs. 50,001/- to Rs.5,00,000/- | 13 % |
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