To provide a source of regular income and for any of the following purposes:
- Medical emergency
- Expenditure of family
- Supplement pension and other income
- Upgradation, renovation, extension, maintenance and insurance of existing residential property
- Meet any other genuine needs
Maximum up to Rs.100 lakhs (along with interest) and payable on reverse annuity basis
For age group 60-70 years - 45% of the property value
For age group 71-75 years - 50% of the property value
For age group 76-80 years - 55% of the property value
For age group 81-85 years - 60% of the property value
For age group 60-70 years - maximum tenure of 20 years
For age group 71-75 years - maximum tenure of 15 years
or age group 76-80 years - maximum tenure of 10 years
For age group 81-85 years - maximum tenure of 5 years
26442829 / 26442830 / 26442831
ccbl@citizencreditbank.com