Notification regarding Housing Finance – Loans for repairs/additions/alterations – Enhancement of limits (dated -24.05.2022)-RBI.
View PdfNotification regarding Housing Finance – Loans for repairs/additions/alterations – Enhancement of limits (dated -24.05.2022)-RBI.
- Please refer to para 2 of the circular UBD.CO.BPD.(PCB).Cir.No.13/09.22.010/2013-14 dated September 10, 2013 on the captioned subject, wherein, the ceiling on loans to individuals for carrying out repairs/additions/alterations to their dwelling units was revised upwards to ₹2 lakh in rural and semi-urban areas and ₹5 lakh in urban areas.
- The ceiling on such loans is now revised to ₹10 lakh in metropolitan centres (those centres with population of 10 lakh and above) and ₹6 lakh in other centres, refer attachment for further details.
