Question:

What is the Repayment Period for United Housing Loan for Pensioners?

by Guest22784187  |  1 year, 3 month(s) ago

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My cousin wants to know the Repayment Period for United Housing Loan for Pensioners?

 Tags: Housing, Loan, pensioners, Period, repayment, United

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  1. Banking Expert
    Entire loan has to be liquidated before your attaining 75 years of age. The age of the 1st pensioner or from whose income (also pensioner), the major recovery of loan will be made, shall be the deciding factor for the period of loan (subject to maximum repayment period of 10 years). However, where loan is extended for getting shelter in “Old -Age Home” total repayment period must not exceed 10 years (120 EMI).

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