ING Vysya Bank Home Loans, Interest Rates, ING Vysya Bank Housing Loan, Personal Loans

The ING Vysya Housing Loan, will help you guarantee that life's uncertainties do not affect your family's interests and your precious home.

Features:

Competitive interest rates
Funding upto 85% of the cost of Property
Floating Rate loans linked to HPLR i.e. Home Loan Prime Lending Rate
EMI on a daily reducing balance method
Flexible repayment options
Maximum Loan Tenor upto 20 years
Nil penalties on partial prepayments after 6 months of disbursal

Eligibility:

Salaried Age: - 23 yrs to 58 yrs
Self-employed professionals and businessmen Age: - 25 yrs to 65 yrs
Salaried Annual Income : - Rs 1,20,000/-
Self-employed professionals Annual Income : - Rs 1,00,000/-
Self-employed Businessmen Annual Income : - Rs 1,50,000/-

Fees & charges:

Prepayment charges: - Nil if the prepayment is done after the completion of 6 months term.

Prepayments are allowed any number of times during the year.
Each prepayment amount should not be less than 3 times of the EMI amount

Foreclosure Charges:- 2% of (the Outstanding Principal + Unscheduled principal prepayments during the previous 12 months).