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 avail a loan up to 70 Lakh on 8.65-8.80% rate of interest. If you are unhappy with your current housing loan, you can also transfer it to Saraswat bank and avail all top notch facilities.


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

Loan Amount:

  1. Maximum Rs. 70.00 lakh per beneficiary per dwelling Unit.

Basis of advance:

  1. 80% of Agreement Cost of flat +Stamp Duty +Registration OR Cost of land + construction thereon+ Stamp Duty+ registration
  2. Salaried: Maximum 60 times of the net take-home salary. Businessman/Professional/Self-employed: Maximum 5 times of Avg Net cash accruals

*Whichever is lower


Maximum 20 years for salaried class/Professionals.

Rate of Interest:

Loan Amount


Upto Rs. 28 lacs

(PLR – 5.75) 8.65%

Above Rs. 28 lacs

(PLR – 5.60) 8.80%

Present PLR @ 14.40% p.a.

Combo offer for Vastu Siddhi customers :

  1. Pre-sanction Super-Fast car loans
  2. For all new applicants of Vastu Siddhi home loans with Min loan Ticket size of Rs. 50 lac
  3. Min Net salary of Applicant to be Rs. 30,000/- net of all EMIs.
  4. Pre-sanction car loan of upto Rs. 6 lac with waiver of processing fees

Personal guarantee may be considered depending on the merits of the proposal.

Processing fees:

Loan Amount

Processing Fees

Upto  Rs. 28 lacs


Above Rs.28 lacs & upto Rs. 50 lacs

Rs. 10000/-

Above Rs. 50 Lacs

Rs. 20000/-


  1. As per extant shareholding norms


Equitable/ legal Mortgage of house property to be purchased.

Top up loan:

  1. Maximum Rs. 28 lakh.
  2. Repayment period subject to maximum 7 years.
  3. ROI on the top up loan would be fixed upto Rs. 5.00 lakh @ 9.50% p.a and above Rs.5.00 lakh @ 10.50% Processing fees: Loans upto Rs. 5.00 lakh – NIL Loans above Rs. 5.00 lakh – Rs. 5000/-

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 formm
  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

Conditions Apply*

Mile yahan, Dono Jahan

True to its new tag line, "Mile Yahan Dono Jahan", Saraswat Bank is committed to bridging the gap between technology and tradition by bringing to its customers the best of both worlds.

Keeping tradition intact and embracing technology, the Bank has matched strides with India's digital revolution by offering various digital banking services designed to make banking more easy and convenient like mobile banking, internet banking, international VISA EMV and RuPay chip cards, etc. Simultaneously, through its emphasis on personalized attention, the Bank has maintained its personal touch with customers. Agility of the small bank with the ability of the large bank has been Saraswat Bank's enduring heritage new.

Contact Saraswat Bank

Corporate Office
Saraswat Co-operative Bank Limited
Ekanath Thakur Bhawan 953, Appasaheb Marathe Marg, Prabhadevi. Mumbai- 400 025
Tel: [+91] (022) 6600 5555
Email: corporatecenter@saraswatbank.com