Gift your family a permanent new postal address with Saraswat Bank’s Vastu Siddhi Home Loan. With the lowest home loan rates, own a house and make it your home. For constructing a house or purchasing a ready or resale flat.  You can also avail home loan takeover facility.


  1. Construction of own house.
  2. Purchase of ready built house/ flat / resale flat.
  3. For takeover of housing loans from other banks/institutions.


  1. Salaried Employees/Businessmen/Professionals having a regular source of income
  2. Salaried employees should have minimum 2 years of confirmed service.

Loan Amount:

  1. Maximum Rs. 140.00 lakh per beneficiary per Dwelling Unit.


  1. 15% of (Agreement Cost + Stamp Duty + Registration)

Basis of advance:

A)  85% of (Agreement Cost* + Stamp Duty + Registration) or
     (Cost of land +construction thereon+ Stamp Duty + Registration)

*In case of resale flat, Market value or proposed agreement value + Stamp Duty + Registration whichever is less to be considered
The above is exclusive of Goods & Services Tax (GST)
CIBIL >=750  - 70 times of the net take-home salary (Avg for the last 3 months) of the applicant
CIBIL < 750  -  65 times of the net take-home salary (Avg for the last 3 months) of the applicant
5 times of Gross cash accruals of applicant (Avg for the last 3 years)

(A) Or (B) Whichever is lower


Maximum 20 years for salaried class/Professionals.

*Rate of Interest:

 - W.E.F 1st February 2023
Loan Amount CIBIL Score Rate of Interest
Upto Rs.35 Lakh 750 and above 8.60%
Less than 750 and -1/ 0 8.75%
Above 35 lakh upto 140 lakh 750 and above 8.75%
Less than 750 upto 700 / -1/ 0 8.90%
Less than 700 to 650 9.20%

For borrowers with CIBIL score less than 700, additional ROI of 0.50% more than the CIBIL score slab of 700 to 750 to be charged basis the corresponding loan amount.
*T&C Apply
Present PLR @ 15.50% p.a.

Processing Fee: 

Loan Amount Processing Fees
Upto Rs. 35 lakh Nil
Above Rs. 35 lakh upto Rs. 50 lakh 0.30% of loan amount 
Above Rs. 50 lakh upto Rs. 70 lakh 0.40% of loan amount
Above Rs 70 lakh to 140 lakh 0.50% of loan amount 

  1. All above charges are exclusive of GST


2.50% of loan amount, Maximum Rs. 25000/-


  1. Equitable/ legal Mortgage of house property to be purchased.
  2. Spouse guarantee
  3. Personal guarantee may be considered depending on the merits of the proposal.

Top up loan:

1. Maximum Rs. 50 Lakh
2. Repayment period subject to max. 17 years or residual period whichever is lower.
3. ROI on the top-up loan would be fixed @ 8.50% p.a.
4. Top-Up Loan for repayment of Debt and repairs/ renovations can be considered.
5. For repairs and renovation Max limit is Rs. 10.00 Lakh in metro and Max limit is Rs. 6.00 Lakh in other centers.
6. Outstanding balance of existing Housing Loan and proposed Top up loan should not exceed Rs. 70.00 Lakh.

Loan for Construction of House:

The Cost of land should not exceed 65% of total cost of Project and Construction should be completed within 24 Months.

Documents Required:

1. Duly filled prescribed application form
2. Latest Photograph, Photo Identity Proof, Residence proof of the Applicant and Guarantors
3. Salaried: salary slip for last 3 months and bank statement for last 3 months or ITR or form 16 for two years
4. Businessman: last 3 years profit & loss and balance sheet, ITR copies of last three years, 3-month bank statement.
5. Documents for creating mortgage as per requirement


      Pre-sanction super Fast Car Loans 
      1. For all new applicants of Vastu Siddhi home loans with Min loan Ticker size of Rs. 50 Lakh.
      2. ​Min Net salary of Applicant to be Rs. 30,000/- net of EMIs.
      3. ​Pre-sanction car loan of upto Rs. 6 Lakh with waiver of processing fees.
      4. ​Share holding norms

      i) upto Rs 1 lakh: Rs. 100/- nominal membership
      ii) above Rs 1 lakh: Rs. 500/- shareholding

      Pre-sanction Credit Card
      For all new applicants of Vastu Siddhi
      Loan Amount Credit limit to be assigned
      Upto Rs. 25 Lakh Rs. 50,000/-
      Above Rs. 25 Lakh upto Rs. 50 Lakh Rs. 1,00,000/-
      Above Rs. 50 Lakh upto Rs. 70 Lakh Rs. 2,00,000/-