Housing loans upto which amount falls under priority sector?

Discussion in 'Banking' started by Priyanka Sachdev, Sep 10, 2017.

  1. Priyanka Sachdev

    Priyanka Sachdev New Member

    Housing loans upto which amount falls under priority sector?
     
  2. Peggy

    Peggy Member

    Loans to individuals up to ₹ 28 lakh in metropolitan centres (with population of ten lakh and above) and loans up to ₹ 20 lakh in other centres for purchase/construction of a dwelling unit per family, are eligible to be considered as priority sector provided the overall cost of the dwelling unit in the metropolitan centre and at other centres does not exceed ₹ 35 lakh and ₹ 25 lakh, respectively. Housing loans to banks’ own employees are not eligible for classification under priority sector.
     
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