Empowering women is one of the Social object of the AVIOM HFC. If Women applicant has repayment capacity from her own income AVIOM HFC will consider loan under this product.
The maximum period of repayment of a loan shall be up to 15 years For salaried customer with corporate employment the maximum repayment period shall be up to 20 years.
The tenure of the loan is also dependent on the customer's profile, age of customer at maturity of loan, age of property at loan maturity, depending upon the specific repayment scheme as may be opted and any other terms which may be applicable based on prevalent norms of AVIOM HFC.
AVIOM Home loan is eligible for income tax benefit as per Indian IT Rules, the current applicable exemption u/s 24 up to 2 lacs for the interest amount paid in a financial year and up to `1.5 lacs lac for the Principal amount repaid in the same year.
Please refer for the Most Important Terms and Conditions pertaining to your loan.