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Housing Loan for West Bengal Govt. Employee

Interest:

As per Finance Memo No. 2620-FB dated 27.12.2010 the interest rate of United Bank of India is shown below:

Sl. NoPeriodRate
1Up to 5 Years.9.00% p.a.
2Above 5 Years to 15 Years.10.00% p.a.
3Above 15 Years to 20 Years.10.75% p.a.

Insurance:

The interest shall be applicable at fixed rate under this arrangement. The actual rate to be applied shall remain valid for one/ two years.The interest shall be calculated as per usual bank’s norms. The rates shall be applicable to all loans sanctioned during the year and fixed throughout the repayment period of such loans.

Mortgage/ Security:

Finance,

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