{"id":242376,"date":"2021-10-08T05:05:12","date_gmt":"2021-10-08T05:05:12","guid":{"rendered":"https:\/\/suco.hostrobust.com\/?page_id=242376"},"modified":"2024-11-04T18:08:33","modified_gmt":"2024-11-04T12:38:33","slug":"home-loan","status":"publish","type":"page","link":"https:\/\/suco.bank.in\/kn\/personal-banking\/personal-loans\/home-loan\/","title":{"rendered":"Home Loan"},"content":{"rendered":"

[et_pb_section fb_built=”1″ admin_label=”Hero” _builder_version=”4.16″ background_enable_color=”off” use_background_color_gradient=”on” background_color_gradient_direction=”160deg” background_color_gradient_stops=”rgba(9,31,77,0.38) 0%|rgba(234,50,54,0.37) 100%” background_color_gradient_overlays_image=”on” background_color_gradient_start=”rgba(9,31,77,0.38)” background_color_gradient_end=”rgba(234,50,54,0.37)” background_image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/Home-Loans.jpg” custom_padding=”|0px|120px|0px|false|false” bottom_divider_style=”asymmetric3″ bottom_divider_color=”#ffffff” da_disable_devices=”off|off|off” locked=”off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.17.3″ text_text_color=”#FFFFFF” text_font_size=”16px” text_line_height=”2em” header_font=”||||||||” header_font_size=”40px” header_line_height=”1.4em” background_layout=”dark” max_width=”600px” custom_margin=”||30px|” custom_margin_last_edited=”off|desktop” header_font_size_tablet=”30px” header_font_size_phone=”24px” header_font_size_last_edited=”on|desktop” global_colors_info=”{}”]<\/p>\n

SUCO Home Loans<\/h1>\n

SUCO Bank offers “Credit-Linked Subsidy Scheme” under Pradhan Mantri Awas Yojana<\/p>\n

[\/et_pb_text][et_pb_button button_url=”#loan-details” button_text=”Get scheme details” _builder_version=”4.16″ custom_button=”on” button_text_size=”14px” button_text_color=”#ffffff” button_bg_color=”#003bde” button_border_width=”0px” button_border_radius=”4px” button_letter_spacing=”1px” button_font=”|||on|||||” background_layout=”dark” custom_margin=”|||” custom_padding=”16px|40px|16px|40px|true|true” button_border_radius_hover=”4px” button_letter_spacing_hover=”1px” button_bg_color_hover=”#0053ef” global_colors_info=”{}” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”on” button_border_radius__hover=”4px” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”on” button_letter_spacing__hover=”1px” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”on” button_bg_color__hover=”#0053ef” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”][\/et_pb_button][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Bundles” module_id=”loan-details” _builder_version=”4.16″ da_disable_devices=”off|off|off” locked=”off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_image src=”https:\/\/suco.bank.in\/wp-content\/uploads\/2024\/11\/Why-choose-US-copy.jpg” title_text=”Why-choose-US copy” align_tablet=”center” align_phone=”” align_last_edited=”on|desktop” _builder_version=”4.27.2″ hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″][\/et_pb_image][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_divider color=”#006ef4″ divider_weight=”3px” _builder_version=”4.16″ max_width=”100px” custom_margin=”||0px|” locked=”off” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.16″ text_font=”|300|||||||” text_font_size=”15px” text_line_height=”2em” header_font=”||||||||” header_2_font=”||||||||” header_2_font_size=”30px” header_2_line_height=”1.4em” header_2_font_size_tablet=”30px” header_2_font_size_phone=”24px” header_2_font_size_last_edited=”on|phone” locked=”off” global_colors_info=”{}”]<\/p>\n

Why SUCO?<\/h2>\n

SUCO Bank has tied up with HUDCO for giving loans under the “Credit-Linked Subsidy Scheme\u201d (CLSS) under Pradhan Mantri Awas Yojana (PMAY) was announced by our Honourable Prime Minister. The scheme envisages the vision of housing for all by the year 2022.<\/p>\n

The biggest requirement of all of us is a roof over our head. We are more than willing to help our fellow human beings to build\/buy a house. Please contact us for your loan requirement.<\/p>\n

<\/blockquote>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” da_disable_devices=”off|off|off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_divider color=”#006ef4″ divider_weight=”3px” _builder_version=”4.16″ max_width=”100px” custom_margin=”||0px|” locked=”off” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.16″ text_font=”Montserrat|300|||||||” text_font_size=”16px” text_line_height=”2em” header_font=”||||||||” header_2_font=”||||||||” header_2_font_size=”36px” header_2_line_height=”1.4em” header_2_font_size_tablet=”30px” header_2_font_size_phone=”24px” header_2_font_size_last_edited=”on|phone” locked=”off” global_colors_info=”{}”]<\/p>\n

Features<\/h2>\n

[\/et_pb_text][et_pb_text _builder_version=”4.16″ text_font_size=”16px” text_line_height=”2em” link_font=”||||||||” link_text_color=”#006ef4″ ul_font=”||||||||” ul_line_height=”2em” header_font=”||||||||” header_2_font=”||||||||” header_2_font_size=”36px” header_2_line_height=”1.4em” header_2_font_size_tablet=”30px” header_2_font_size_phone=”24px” header_2_font_size_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n

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  • Upfront interest subsidy benefits on principal outstanding.<\/li>\n
  • Aadhaar number(s) of all the members of the beneficiary, the family is mandatory<\/li>\n
  • Interest subsidy will be available for a maximum loan tenure of 20 years or the loan tenure availed by the borrower whichever is lower.<\/li>\n
  • There is no cap on the loan amount or on the cost of the property.<\/li>\n<\/ul>\n

    [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ specialty=”on” _builder_version=”4.16″ _module_preset=”default” background_color=”rgba(164,193,110,0.23)” background_enable_image=”off” bottom_divider_color=”#afafaf” da_disable_devices=”off|off|off” locked=”off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_divider color=”#006ef4″ divider_weight=”3px” _builder_version=”4.16″ max_width=”100px” custom_margin=”||0px|” locked=”off” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.16″ text_font=”Montserrat|300|||||||” text_font_size=”16px” text_line_height=”2em” header_font=”||||||||” header_2_font=”||||||||” header_2_font_size=”36px” header_2_line_height=”1.4em” header_2_font_size_tablet=”30px” header_2_font_size_phone=”24px” header_2_font_size_last_edited=”on|phone” locked=”off” global_colors_info=”{}”]<\/p>\n

    Eligibility for Subsidy Scheme<\/h2>\n

    [\/et_pb_text][et_pb_text _builder_version=”4.16″ text_font=”|300|||||||” text_font_size=”16px” text_line_height=”2em” link_font=”||||||||” link_text_color=”#006ef4″ ul_font=”||||||||” ul_line_height=”2em” header_font=”||||||||” header_2_font=”||||||||” header_2_font_size=”36px” header_2_line_height=”1.4em” header_2_font_size_tablet=”30px” header_2_font_size_phone=”24px” header_2_font_size_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n

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    • The family should not own a pucca house in his\/ her name or in the name of any member of the family, in any part of India.<\/li>\n
    • The scheme is offered to families, comprising of husband, wife and unmarried children. (An an adult earning member irrespective of marital status can be treated as a separate household in MIG category).<\/li>\n
    • The beneficiary family should not have received central assistance under the Mission \u201cHousing for all by 2022\u201d.<\/li>\n<\/ul>\n

      [\/et_pb_text][\/et_pb_column][et_pb_column type=”1_2″ specialty_columns=”2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_row_inner _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_column_inner saved_specialty_column_type=”1_2″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_blurb title=”Purpose of Loan” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/09\/insurance-23.png” content_max_width=”1100px” _builder_version=”4.16″ header_font=”||||||||” header_line_height=”1.6em” body_font=”|300|||||||” body_font_size=”16px” body_line_height=”2em” background_color=”#ffffff” text_orientation=”center” custom_padding=”30px|30px|30px|30px|true|true” animation_style=”zoom” animation_intensity_zoom=”10%” animation=”off” border_radii=”on|10px|10px|10px|10px” box_shadow_style=”preset3″ box_shadow_vertical=”10px” box_shadow_blur=”80px” box_shadow_spread=”-10px” box_shadow_color=”rgba(44,54,92,0.2)” global_colors_info=”{}”]<\/p>\n

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      \n

      Under this PMAY scheme, interest subsidy is available on purchase\/ construction\/ extension\/ improvement of the house is provided to customers belonging to Economical Weaker Section (EWS) \/ Lower Income Group (LIG) \/ Middle Income Group (MIG).<\/p>\n<\/div>\n<\/div>\n

      [\/et_pb_blurb][\/et_pb_column_inner][\/et_pb_row_inner][\/et_pb_column][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” da_disable_devices=”off|off|off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_divider color=”#006ef4″ divider_weight=”3px” _builder_version=”4.16″ max_width=”100px” custom_margin=”||0px|” locked=”off” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.16″ text_font=”Montserrat|300|||||||” text_font_size=”16px” text_line_height=”2em” header_font=”||||||||” header_2_font=”||||||||” header_2_font_size=”36px” header_2_line_height=”1.4em” header_2_font_size_tablet=”30px” header_2_font_size_phone=”24px” header_2_font_size_last_edited=”on|phone” locked=”off” global_colors_info=”{}”]<\/p>\n

      Scheme Details<\/h2>\n

      [\/et_pb_text][et_pb_text _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

        \n
      • This is the credit-linked subsidy scheme.<\/li>\n<\/ul>\n

        Key Parameters of Credit Linked Subsidy<\/strong><\/p>\n

        [\/et_pb_text][et_pb_text _builder_version=”4.16″ text_font=”|300|||||||” text_font_size=”16px” text_line_height=”2em” link_font=”||||||||” link_text_color=”#006ef4″ ul_font=”||||||||” ul_line_height=”2em” header_font=”||||||||” header_2_font=”||||||||” header_2_font_size=”36px” header_2_line_height=”1.4em” header_2_font_size_tablet=”30px” header_2_font_size_phone=”24px” header_2_font_size_last_edited=”on|phone” overflow-x_tablet=”” overflow-x_phone=”scroll” overflow-x_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n\n\n\n\n\n\n\n\n\n\n
        Scheme Type<\/b><\/td>\nEWS\/LIG<\/b><\/td>\nMIG \u2013 I<\/b><\/td>\nMIG \u2013 II<\/b><\/td>\n<\/tr>\n
        Eligibility Family Income (Rs.)<\/span><\/td>\n\n

        EWS \u2013 Rs. 0 to Rs.\u00a0 \u00a0 3, 00,000<\/span><\/p>\n

        LIG \u2013 Rs. 3,00,001 to Rs. 6,00,000<\/span><\/p>\n<\/td>\n

        		\n

        Rs. 6,00,001 to<\/span><\/p>\n

        Rs.12,00,000<\/span><\/p>\n<\/td>\n

        		\n

        Rs.12,00,001 to<\/span><\/p>\n

        Rs.18,00,000<\/span><\/p>\n<\/td>\n<\/tr>\n

        Carpet Area-Max (sqm.)<\/span><\/td>\n\n

        30 sqm** \/ 60 sqm**<\/span><\/p>\n

        (323 sq.ft \/645 sq.ft)<\/span><\/p>\n<\/td>\n

        		\n

        90<\/span><\/p>\n

        (969 sq.ft)<\/span><\/p>\n<\/td>\n

        		\n

        110<\/span><\/p>\n

        (1184 sq.ft)<\/span><\/p>\n<\/td>\n<\/tr>\n

        Eligible Loan Amount for Subsidy<\/span><\/td>\nRs. 6,00,000<\/span><\/td>\nRs. 9,00,000<\/span><\/td>\nRs. 12,00,000<\/span><\/td>\n<\/tr>\n
        Interest Subsidy (%)<\/span><\/td>\n6.50<\/span><\/td>\n4.00<\/span><\/td>\n3.00<\/span><\/td>\n<\/tr>\n
        Max Subsidy (Rs.)<\/span><\/td>\n2.67 Lakh<\/span><\/td>\n2.35 Lakh<\/span><\/td>\n2.30 Lakh<\/span><\/td>\n<\/tr>\n
        The validity of the scheme<\/span><\/td>\n31 March 2022<\/span><\/td>\n31 March 2019<\/span><\/td>\n31 March 2019<\/span><\/td>\n<\/tr>\n
        Woman Ownership<\/span><\/td>\nMandatory*<\/span><\/td>\nNon Mandatory<\/span><\/td>\nNon Mandatory<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

        [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” custom_padding=”0px||||false|false” da_disable_devices=”off|off|off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.16″ locked=”off” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_blurb title=”Ownership” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/app-developer-icon-small-02.png” icon_placement=”left” content_max_width=”400px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.16″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}”]<\/p>\n

        The House constructed\/acquired should be in the name of the female head of the household or in the joint names of the male head of the household and his wife. Only in cases, where there is no adult female member in the family, the house can be in the name of a male member of the household.<\/p>\n

        [\/et_pb_blurb][et_pb_blurb title=”Rate of Interest” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/app-developer-icon-small-02.png” icon_placement=”left” content_max_width=”400px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.16″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}”]<\/p>\n

        16 % p.a.<\/p>\n

        [\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_blurb title=”Carpet area” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/app-developer-icon-small-05.png” icon_placement=”left” content_max_width=”400px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.16″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}”]<\/p>\n

          \n
        • EWS \/LIG: For new constructions \/ new purchases \u2013 The prescribed carpet area may cross the set limits of 30 Sqm (323Sft) and 60 Sqm (645 Sft) respectively. However, the subsidy will be limited to first Rs. 6 lakh only.
          In case of extension of existing dwelling units the cumulative carpet area prior and after extension should not go beyond the set limits mentioned above for availing the subsidy.<\/li>\n
        • MIG I \/I I: The carpet area limits have to be observed strictly for availing the subsidy.<\/li>\n<\/ul>\n

          [\/et_pb_blurb][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.16″ locked=”off” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_blurb title=”Income Proof” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/app-developer-icon-small-02.png” icon_placement=”left” content_max_width=”400px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.16″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}”]<\/p>\n

          Customer has to produce either ITR or Form 16 from the employer or Income Certificate from Competent Revenue Officials or any other income proof acceptable to the Bank.<\/p>\n

          [\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_blurb title=”Processing Fee” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/app-developer-icon-small-05.png” icon_placement=”left” content_max_width=”400px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.16″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}”]<\/p>\n

            \n
          • EWS \/ LIG – Upto Rs. 6 lakh loan amount – Nil
            Above Rs. 6 lakh loan amount – 1 % of the loan amount.<\/li>\n
          • MIG \u2013 I \/ II – 1 % of the loan amount.<\/li>\n<\/ul>\n

            [\/et_pb_blurb][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.16″ _module_preset=”default” locked=”off” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_divider color=”#006ef4″ divider_weight=”3px” _builder_version=”4.16″ max_width=”100px” custom_margin=”||0px|” locked=”off” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.16″ text_font=”Montserrat|300|||||||” text_font_size=”16px” text_line_height=”2em” header_font=”||||||||” header_2_font=”||||||||” header_2_font_size=”36px” header_2_line_height=”1.4em” header_2_font_size_tablet=”30px” header_2_font_size_phone=”24px” header_2_font_size_last_edited=”on|phone” locked=”off” global_colors_info=”{}”]<\/p>\n

            Subsidy Available<\/h2>\n

            [\/et_pb_text][et_pb_text _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

            The quantum of subsidy available for interest component only and the effective applicable rate of interest (after interest subsidy) will be as per the following table.<\/p>\n

            [\/et_pb_text][et_pb_text _builder_version=”4.16″ text_font=”Montserrat|300|||||||” text_font_size=”16px” text_line_height=”2em” link_font=”||||||||” link_text_color=”#006ef4″ ul_font=”||||||||” ul_line_height=”2em” header_font=”||||||||” header_2_font=”||||||||” header_2_font_size=”36px” header_2_line_height=”1.4em” header_2_font_size_tablet=”30px” header_2_font_size_phone=”24px” header_2_font_size_last_edited=”on|phone” overflow-x_tablet=”” overflow-x_phone=”scroll” overflow-x_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n\n\n\n\n\n\n
            Category<\/b><\/td>\nInterest Subsidy<\/b><\/td>\n\n

            Effective applicable Rate of Interest<\/b><\/p>\n

            ( ROI\u00a0 – Rate of Interest subsidy)<\/span><\/p>\n<\/td>\n<\/tr>\n

            EWS \/ LIG<\/span><\/td>\n6.50%<\/span><\/td>\n16.00\u00a0 –\u00a0 6.50\u00a0 =\u00a0 9.50 %<\/span><\/td>\n<\/tr>\n
            MIG\u00a0 I<\/span><\/td>\n4.00%<\/span><\/td>\n16.00\u00a0 –\u00a0 4.00\u00a0 = 12.00%<\/span><\/td>\n<\/tr>\n
            MIG\u00a0 II<\/span><\/td>\n3.00%<\/span><\/td>\n16.00\u00a0 –\u00a0 3.00\u00a0 = 13.00%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

            *Subject to fulfilling of all terms & conditions as per the circular.<\/span><\/p>\n

            [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"

            SUCO Home Loans SUCO Bank offers “Credit-Linked Subsidy Scheme” under Pradhan Mantri Awas YojanaWhy SUCO? SUCO Bank has tied up with HUDCO for giving loans under the “Credit-Linked Subsidy Scheme\u201d (CLSS) under Pradhan Mantri Awas Yojana (PMAY) was announced by our Honourable Prime Minister. The scheme envisages the vision of housing for all by the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":230402,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","footnotes":""},"class_list":["post-242376","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/pages\/242376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/comments?post=242376"}],"version-history":[{"count":23,"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/pages\/242376\/revisions"}],"predecessor-version":[{"id":247066,"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/pages\/242376\/revisions\/247066"}],"up":[{"embeddable":true,"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/pages\/230402"}],"wp:attachment":[{"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/media?parent=242376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}