Loan-to-value adjustment for housing loans: banks may include stamp duty and documentation charges for low-cost dwellings. Banks may include stamp duty, registration and other documentation charges in the Loan-to-Value (LTV) ratio calculation for dwelling units whose cost does not exceed Rs. 10 lakh to assist EWS and LIG borrowers. For projects sponsored by Government or Statutory Housing Authorities, banks may disburse loans according to the authorities' prescribed payment stages-even if not linked to construction stages-provided the authority has no history of project non-completion.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Loan-to-value adjustment for housing loans: banks may include stamp duty and documentation charges for low-cost dwellings.
Banks may include stamp duty, registration and other documentation charges in the Loan-to-Value (LTV) ratio calculation for dwelling units whose cost does not exceed Rs. 10 lakh to assist EWS and LIG borrowers. For projects sponsored by Government or Statutory Housing Authorities, banks may disburse loans according to the authorities' prescribed payment stages-even if not linked to construction stages-provided the authority has no history of project non-completion.
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