Fixed Rate of Interest : The rate of interest will remain unchanged for the entire duration of the loan. It will not be effected by any fluctuation in the rate of Interest i.e. even if the rates of interest drop / rise in the market, the rate of Interest opted for at the time of Loan application/Sanction/Disbursement remain constant through the tenure of ther loan repayment.

Maximum Loan amount that will be sanctioned : 50 Lakhs
Minimum and Maximum tenure of repayment : 5 years / 20 years

Floating Rate of Interest: This rate of interest will fluctuate according to the market rate. Under a floating rate loan, the interest rate on the loan varies from time to time depending on the Prime Lending Rate fixed by the Reserve Bank

Maximum Loan amount that will be sanctioned : 50 Lakhs
Minimum and Maximum tenure of repayment : 5 years / 20 years