Member Home Loan

Home Loan shall be provided only for construction/repair/purchase of house/apartment for one-unit personal dwelling.

Purpose/Objectives: To promote homeownership to all the NPPF members.

Eligibility: Should be a current NPPF member who has contributed at least 1 year in service

Security: land and building under construction

Loan Amount: Maximum 10 million subject to LTV and LTI regulation

Interest Rate: 9.0% p.a (fixed) and 8.0% p.a (5-years floating).

Tenure: 30 years

Repayment: should be met from the  monthly salary of the applicant

For Forms (Click Here)