RBI/2022-23/76 DOR.CRE.REC.No.49/09.22.010/2022-23

The enclosed Master Circular consolidates and updates all the instructions / guidelines on the subject issued till date.
1 General
2 Eligible Category of Borrowers
3 Eligible Housing Schemes
4 Terms and Conditions for Housing Loans
4.1 Maximum Loan Amount and Margin
4.2 A. Interest
B. Foreclosure Charges / Prepayment Penalty
4.3 Charging of Penal Interest
4.4 Security
4.5 Period of Loan
4.6 Graduated Instalments
4.7 Aggregate Limit for Housing Finance
5 Additional / Supplementary Finance
6 Lending to Housing Boards
7 Advances to Builders / Contractors
8 Housing Loans under Priority Sector
9 Precautions
10 National Building Code

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