Purchase of new or old residential unit (House, Flat, Bungalow etc.)
Construction of a residential unit
Purchase of a non-agricultural plot & Construction of Residential unit
(Composite Project)
Repairs/renovation of an existing residential unit
Extension of an existing residential unit
Completion of under construction residential unit
Purchase of solar Panel which adds to the value of the property. However,
home loan ‘only’ for installation of solar panel cannot be considered
Takeover of home loans other Banks/FIs/NBFCs
Purpose

Reimbursement - Investment made during the preceding 6 months for
purchase of house / flat / construction
Reimbursement shall be permitted for the investment made by borrower
from own sources, borrowed from friends and relatives
Basis to consider reimbursement to be registered sale deed
Property to be in possession of borrower
Expenditure like furnishing, wood work will not be considered for
reimbursement
Reimbursement will also not be permitted for investment made in
acquiring plots
Condition for Reimbursement

Applica
nt
Unmarrie
d Sister
Brother in
Law
Sister in
Law
Spouse
Father
Mother
Son
Daughter
in Law
Unmarrie
d
Daughter
Father in
Law
Mother in
Law
Brother
+
Grand Parents
Grand Children
from Son
Eligible Individuals

• Min Age- 18 Years
• Max Age-75 Years
Age & Quantum
• Min & Max Quantum- No limit
• For Repair & Renovation- Rs.30 Lakhs
Note:
 Subject to the adequacy of the income up to age of 75 years.
 If regular income is up to age of 60 years, loan will be considered up to
age of 60 years only
 Maximum age to be considered for those applicants, whose income is
being considered for the purpose of computation of eligibility &
repayment of Loan.

Rate of
Interest
(floating)
Quantum
Of Loan
CIBIL
LTV
Salaried
/Non-
salaried
Male/
Female
Factors influencing ROI
Rate of Interest

10%
Up to Rs.30 Lakh
20%
Above Rs.30.00 Lakh &
Repair Renovation
90 %
80 %
LTV
MARGIN
Loan Amount Margin (Minimum) LTV (Maximum)
Up to 200 Lakh 25% 75%
Above 200 Lakh 35% 65%
Purchase of Plot from Govt/Private Entities
Purchase/ Construction of House
Margin
Note: The margins for the plot and construction have to be maintained separately

Size of Plot & Composition
From Government agencies From Government agencies
No limit Max 5000 sq. ft*
 Proposals for plot more than 5000 sq. ft. may be considered but the loan
amount (after margin) will be restricted up to of cost of 5000 sq. ft. portion
only
 Further, the area occupied by the constructed residential structure should not
to be less than 30% of the total area of plot/land
 If the area of the plot is more than 5000 sq. ft., the minimum area of
construction should be 1500 sq. ft
 In case the approved plan for construction happens to be less than the area
mentioned above, commercial ROI as per guidelines to be charged from date of
first disbursement till it is rectified.

Basic cost of House Stamp duty if Project cost is
up to Rs.10 lakh
Cost of Sofa set and
Dining Table
Car parking charges Elements which add value Membership charges (if
not transferable)
GST applicable on under
construction property
Stamp duty if Project cost is
more than Rs.10 lakh
Cost of Permanent
Fixture
Margin

Purchase of Ready built
House/Completed
residential Unit
Construction of House
Extension of existing
residential unit
Composite Project
Completion of under
construction residential
unit
Repair & Renovation
36 months
48 months
36 months
12 months
No Moratorium
36 months
*Servicing of Interest during the moratorium period is mandatory.
Moratorium Period

Repayment Methods
Step-up Repayment Method: Repayment schedule where for the initial few years the EMI is set
at a value lower than the normal EMI (not less than interest component of the first month of
repayment) and for the remaining tenure it is set at a level higher than the normal EMI so as to
ensure that the loan is adjusted within the stipulated tenure.
Balloon Repayment Method: Repayment schedule where the EMI is set at a value lower than the
normal EMI (not less than interest component of the first month of repayment). Due to a lower
than normal EMI, at the end of the repayment tenure, there will be some amount which will
remain outstanding/unadjusted. This amount is then to be adjusted by making a lump sum
payment.
Bullet Repayment: In times where there is a steep hike in interest rates we may allow home loan
borrowers (under floating rate), upon their specific request, to continue to pay the existing EMI,
and to pay a lump-sum bullet payment at the end of the tenure towards the residual outstanding.
Flexible Loan Installment Plan (FLIP): FLIP method enables the borrower to have a repayment
schedule where the EMI can be at a value lower than the normal EMI at after receiving a lump
sum payment midway into the tenure.

Income as per latest ITR/Form 16
Income from Capital Gain
Rent/Agriculture income (If reflected in ITR)
Salary slip for the immediate preceding 3 months
One Time bulk receipt
Bonus/variable pay/performance linked incentives (avg. of
last 2 years)
Speculative Income
Regular Income(Salary/Pension)
ITR / Form 16 of last 2 years
Maximum gross Pension income should not be more than
50% of present gross income
For Salaried Individual
Reckoning of Income

Income as per latest ITR if variation is less than 25%
Income from Capital Gain
P&L, Balance Sheet & Computation of Income
Rent/Agriculture income (If reflected in ITR)
One Time bulk receipt
Adding back of depreciation
In case of new businessman , no ITR required
Speculative Income
Regular Income
ITR of last 3 years
Average income of 3 years if variation is more than 25%
For Non-Salaried Individual
Reckoning of Income

Adding back of depreciation to the Net Income (wherever necessary) in case of
Proprietorship borrower may be permitted by sanction authority subject to
following conditions
To ensure verification of the asset on which depreciation amount is being
claimed by the borrower during the pre-inspection process and the same to
be incorporated in the process note
Depreciation amount to be calculated based on the average of last 3 years
audited balance sheet of the business or current year’s depreciation,
whichever is lower
The repayment obligation on account of loan availed against/ for the fixed
assets to be deducted while arriving at the eligible loan amount / repayment
capacity
All liabilities of the Proprietor be considered while arriving at eligibility.
Adding back of depreciation

Annual Gross Income Sustenance Percentage (% of Net income)
Up to 3 Lakh 45%
> Rs.3 Lakh to Rs.12 Lakh 35%
> Rs.12 Lakh
Lower of the two:-
25% or
Rs.2.00 Lakh Monthly
Processing Charges • 50% concession in processing charges for availing any retail
loan for USSA accounts.
• Special concession of 100% in processing charges to all USSA
customers (USSA-I, USSA-II & USSAIII) availing Housing Loan
of Rs. 25 Lakhs and above.
Concession
Sustenance

Security
The loan is to be secured through simple or equitable mortgage of the immovable
residential property for which the loan is being granted.
In the cases where a valid enforceable equitable mortgage cannot be created due to
absence of title deeds and where certified copy of the title deeds are available, ZLCC
will be the competent authority for sanction of this deviation
A residential unit which is developed under group housing and sale of property is being
done through power of attorney/development agreement need not be considered as
deviation
Only registered power of attorney to be considered for JDA. Legal opinion should be
obtained on JDA, especially with reference to POA in favour of the developer
Note: If the residential unit is not developed as group housing (suppose individual house)
and sale is happening on the basis of power of attorney and/or any of chain title deeds
executed on the basis of power of attorney; the same should also not be construed as
deviation.

Interim Security

Valuation
Two independent valuation reports to be obtained for the properties valued
Rs.5.00 Crore and above
In case of under- construction residential unit, valuation to be obtained on
completion of residential unit
Valuation charges to be borne by the applicant(s)
Legal Opinion
Legal opinion by empanelled advocate to be obtained on title and genuineness of
the title deeds
Where property value is Rs.2.00 crore and above, title search reports from two
independent advocate should be obtained
In case of tie-up and approval of project, supplementary legal opinion & non-
encumbrance certificate to be obtained on completion of project for individual
residential units
Valuation/ Legal

Guarantee in case of NRIs Guarantee of One/Two
local resident Indian
Insurance of Property Guarantee of all major
coparceners
Guarantee in case of resident Indian Yes
Insurance of Borrower Guarantee not required
Guarantee in case of inclusion of HUF as an
applicant / co-applicant (under deviation)
Optional
SUD life insurance premium amount can be
included in the home loan amount provided it
does not violate the LTV norms.
Mandatory
Guarantee & Insurance

While take-over, following guidelines to be followed:
 The account with other bank/FI must be regular with no overdue
 Sanction letter of loan from previous bank/FI to be obtained
 Statement of the loan account for the past 12 months to be obtained
 The period run with existing bank should be reduced and the maximum repayment period should
be fixed accordingly
 Age of the home loan with existing bank/FI/NBFC should be minimum 12 months.
 Legal and valuation charges put together not exceeding Rs.10000/- to be absorbed by bank.
 Home loan under moratorium & where property is under construction should not be taken over
 Home loan availed for construction of House in case of composite project can also be taken over
 Deletion of co-applicant or guarantor forms deviation to be approved by ZLCC.
Takeover of Housing Loan

Takeover of Housing Loan
 Margin of the cost of property to be maintained, where cost of property
to be arrived at as under:
If loan taken over within 3 years from
original sanction date
If loan taken over after 3 years
from original sanction date
Lower of the following three:
 Value as per the latest valuation of the
property
 1.5 times the original valuation
 1.5 times the registered value
 Value as per latest valuation of the
property

Home Loan availed for construction of house in case of composite project can be taken over
subjected to following condition:
Construction of house is going to be completed within 48 months from the date of first
disbursement with the existing bank
The construction work completed at the time of take-over should be not less than 25% of
the total work to be done
Construction period to be in line with sanction of existing bank subject to maximum of
48 months
If the customer have not availed sanctioned Home Loan component for construction
purpose although they would have availed component for land. Sanctioning authority
may grant composite Home Loan considering the scope of work
The total cost of the project and the cost of construction completed are to be certified
by our empanelled valuer
Additional Guidelines for Composite loan takeover

The home loan for 3rd house onwards are to be classified as CRE-RH
The rate of interest shall be Home Loan ROI plus minimum spread of
0.75 % (recent modification)
Delegated authority to sanction CRE-RH is ZLCC onwards
The other terms & conditions will be as per regular home loan
Note: The classification is based on the ownership of house/flat
not on the number of housing loans in the name of applicants.
Commercial Real Estate ( CRE-RH) Classification

Deviation Approving Authority
Higher age of house in case of old house/flat RLCC I (Headed by Regional Head)
Waiver of interim security in absence of tie-
up / tripartite agreement with builder where
a valid equitable mortgage cannot be
created
RLCC (headed by Regional Head) may consider,
in deserving cases, waiver of interim security
by stipulating suitable third party guarantees
of adequate means.
ZLCC (headed by FGM) may waive of both
interim security and third-party guarantee.
ITR related deviations RLCC (headed by Regional Head)
Relaxation in sustenance
RLCC (headed by Regional Head) can permit
relaxation up to 5% in the applicable
sustenance.
Deviation

Deviation Approving Authority
 Deviation in age norms of borrowers
 Deviation in margin norms for purchase/ construction/
take-over of home loans (not below 10%)
 Deviation in moratorium period
 Deviation in inter-se relationship between applicants
i.e. accepting co-applicants other than the permitted
in the scheme
 Deletion of co-applicant/s or guarantor while taking
over an account from other bank/FI
 Creation of mortgage on certified copy of title deeds
 Concession up to 100% in processing charges
 All other deviations to scheme norms (not defined in
the scheme)
ZLCC (headed by Zonal Head)
may
consider the same on a case-
to-case
basis
Concessions in ROI CAC II / CAC I
Deviation

Processing charges  0.50% of Loan amount or maximum Rs.15000/- plus GST
Prepayment charges  No penalty on floating rate loans
 @2% on average balance in last 12 months periods on fixed
rate loans
Take-over penalty  No penalty on floating rate loans
 2% plus GST on average balance of preceding 12 months on
fixed rate loans
Overdue charges
 In case of default or delayed payment, penal interest at the
rate of 2% on the defaulted / delayed installment/s to be
applied for the period of default/delay
Deviation charges  0.10% of loan amount ( minimum of Rs.500/- and Maximum of
Rs.5000/-) plus GST
CERSAI Charges  Loan amount up to Rs.5.00 Lakh – Rs.250 plus GST
 Above Rs.5.00 Lakh – Rs.500 plus GST
Fees/ Charges

• Amount based Delegation: By Branch Heads/USK Heads (Rs.in Crore):
Scale VI V IV III II I
Union
Home
3.00 2.00 0.75 0.50 0.20 0.10
• The delegated powers for sanctioning by various Credit Committees ( Rs.in Crore)
Committee CAC-I/
CAC-II
CAC III ZLCC
headed by
FGM
RLCC I RLCC II
Scale Headed by
DGM
Headed
by AGM
Headed by
AGM
Headed by CM
Union Home No Ceiling 25.00 15.00 7.50 5.00 2.50 0.75
• The delegated power of ULP Heads ULP set-up ( Rs.in Crore)
Committee ULP Head
Scale V IV III
Union Home 2.00 1.00 0.50
Delegated Authority

Union Green Home
To support the Green initiative of our bank, bank propose that Home loan borrowers
confirming to following criteria can be classified as “Union Green Home”
Loan for purchase/construction of home/flat which is certified as Green Building by The
Indian Green Building Council (IGBC)
Installation of Solar Power in Roof Top of house – Certificate from Discom or any other
agency authorized for Solar power
Water Harvesting system in the house - Building plan approval / any permission obtained
from concerned department for installation of water harvesting system is required
Union Green Home is proposed for our customers who are
buying properties in green projects which reduce carbon
emissions and promote renewable energy.
In LAS “Union Green Home” In Finacle “GREENHOME”

Union AWAS
Indian Citizen with age not below 18 years
Should have regular source of income not less than
Rs.48,000/- per annum
Permanent employees of schools/colleges/other
establishments are eligible
Farmers having sufficient repaying capacity for repaying
the loan are also eligible
In case of farmers, repayment capacity is to be assessed
based on the income certificate issued by Tehsildar /
Mandal Revenue Officer.
The Home Loan facility for Indian citizen residing in Rural & Semi urban area
with certain condition as :

Union AWAS
Quantum of Loan
Purpose Semi-Urban Rural
For purchase/construction of house Rs.10 Lakh Rs.7 Lakh
For Repairs/Improvement Rs.5 Lakh Rs.5 Lakh
Guarantee:
Loan to be guaranteed by one or two individuals with adequate means
Repayment option:
✓ EMI/EQI/Half- yearly/ Annual frequency matching with the cropping pattern
✓ Interest will be charged on monthly basis
Other terms & condition: Same as applicable to Union Home scheme

Union Smart Save
Special Feature under Smart Save Option:
In this option, the excess amount deposited in the account i.e. the overflows in the
account will be available for withdrawal
Only surplus/overflow i.e. amount in excess of scheduled outstanding will only be
available for withdrawal
The flexibility of remitting excess amount and withdrawal of eligible amount will be
available only after full disbursement of loan and commencement of repayment
At any point in time, the borrower will not be permitted to bring the outstanding
under the housing loan below 10% of the scheduled outstanding
EMI payment in the housing loan will have to continue as per normal schedule
If the party wishes to close the account by remitting the outstanding plus up to date
interest, it will be permitted

Union Smart Save
Additional Features:
Smart Save/ Regular home loan are permitted to be switch over to regular/ smart
save Home Loan for a maximum of two times during the tenure of the loan
A charge of 0.25% of outstanding loan amount + GST (maximum Rs.5000 + GST),
subject to change, to be levied for such conversion
Withdrawal from smart save account will be permitted like normal HTM transaction by
using flow id ‘SMART’
Additional Union home (Smart Save) agreement to be taken
Certificate for the income tax to be given for lower of the following(for principal)
• Actual principal repayment made during the year or
• {(EMI X 12) – Interest payment made for the years }
All other terms and condition are same as regular union home scheme.

Eligibility
Reputed Builders:
 In the business of developing/building residential units for at least 3 years
 Experience of successfully completing at least one residential project
 Project should have all statutory approvals
Sales Executives of Reputed builder:
 Any individual working as sales executive with any reputed builder and
having minimum experience for at least 3 years
 Employer certificate from the reputed builder to be obtained
 Relatives of staff, who are currently in service, will not be eligible

Direct Selling Agents (DSA):
 Any individual / firm engaged in the sphere of financial services
or otherwise, having contacts through which home loan leads
can be generated
 Due diligence of DSA should be done and extra care should be
taken by Competent /Approving Authority while approving DSA
 Ex-staff of a public sector bank, served for a minimum period of
20 years and should not had any disciplinary proceedings/ruling
against him
Eligibility

Payment of Incentive
For every case referred by a DSA, incentive will be paid only to one entity
If a proposal is referred by a DSA wherein the flat is located in a
residential project of a builder who is also empanelled by bank, incentive
will be paid to the DSA as the case was referred by the DSA and not by the
builder
In case a proposal is sanctioned but it does not materialize into
disbursement, a lump sum amount of Rs.1000 per proposal will be paid
Incentive is subject to minimum disbursement of 10% of the loan amount
Maximum incentive of Rs.12.00 lakh per loan
Additional 0.10% pay-out for take over subject max cap
Payment will be as per payout structure i.e. limit aggregate sourcing per
month
Note: ZLCC is empowered to empanel DSA

Followings conditions are to be met for eligibility:
Builder/Promoter a reputed entity
Registered with RERA. In case West Bengal registered with Housing
Industry Regulation Act (HIRA)
Should have been in business of developing residential project for at
least 5 years
Builder should have completed at least two similar residential project.
In case of deviation, ZLCC is competent authority to approve.

Followings conditions are to be met for eligibility:
Builder should have clear and marketable title of the property or
absolute right for development of the subject project
If the land is owned by third party and builder is given development
right, the third party must have clear and marketable title of the land.
To be verified by bank empanelled advocate /law officer
Builder has agree to sign Tripartite Agreement. Builder stands as
guarantor till the time construction of project is complete and
possession is handed over to the owner.
RLCC headed by RH is empowered to approve builder tie-up.
ZLCC headed by FGM is empowered in case of Lease Hold Land

Documents for Builder Tie-up:
Approved plan from local body.
RERA/HIRA registration certificate
Development Agreement (including commencement certificate,
agreement between owner and builder, or any other approvals from
local bodies etc.)
Title clearance certificate from empanelled advocate to be obtained.
Report on all required technical compliances / approvals for the
project is to be obtained from banks empanelled valuer or technical
officer at RO/ZO.

Following documents need not to be insisted upon at the time of
tie-up:
Income tax clearance certificate of builder / developer (under
section 28(i) of I.T. Act) as the same is required at the time of
creation of mortgage
Financials of the builder
Completion Certificate

UNION MORTGAGE PLUS
Eligibility:
Existing as well as New Home Loan Borrowers
In case of take-over of Home Loan, the loan can be sanctioned
simultaneously with housing loan.
Staff Home Loan borrowers
Eligible applicants/co-applicants as per Union Home Scheme
Satisfactory repayment in existing loans ( no EMI shall remain overdue for a
period of 30 days)
Loan can’t be considered for under construction property
Loan can’t be considered against commercial property
All the co-applicants in the existing home loan will have to join as co-
applicant to the loan. Deletion of any of the co-applicant will form
deviation which is to be approved by ZLCC

Term Loan will be sanctioned as per the eligibility
Term Loan will be repaid in EMIs on monthly basis
The limit of account will reduce every month with fixed amount so as
the total principal is repaid in the tenure of the loan
Interest will be calculated on the basis of actual uses of the limit
and debited separately
All the facilities available to running accounts viz. cheque book,
Debit card, account statement, internet banking will be available.
Facility Type
Term Loan
Overdraft

Calculation of Eligibility
Procedure of Term Loan to be followed for assessing SOD Limit.
75% of the eligible amount computed as per TL assessment to be
sanctioned as maximum eligible limit under SOD Facility
OD Limit is subject to review every year
Interest on OD Limit to be serviced every month on actual basis as and
when charged
Cash flow of the borrower will be assessed for servicing the interest in
case of overdraft

Housing Loan
Outstanding
New Mortgage
Plus Loan
Not more than 75% of the value
of property
25% of the
value of
property
Total Loan Margin
Quantum:
 Minimum – Rs.1.00 Lakh
 Maximum – Rs.3500.00 Lakhs including Home Loan outstanding
Margin

Rate of Interest:
0.75% higher than Home Loan against the Union Mortgage Plus loan
is extended. (without factoring concession if any in Home Loan)
Borrowers with CIBIL score below 700 to be charged 0.10%
additional ROI.
In case of Staff Housing Loan Borrower, applicable ROI will be
0.75% above the applicable ROI on Union Home Loan Scheme
Security/ Guarantee:
Extension of mortgage of residential property
Existing Home Loan guarantee will be continued for Mortgage Plus
also.
Rate of Interest

Repayment tenor:
Lowest of the following:
30 years from the date of sanction
Borrower attaining age of 75 years (Subject to income till age of 75
years)
5 years prior to residual age of property
Moratorium: NIL
Other terms & Conditions:
Processing charges: 0.50% of loan amount plus GST
All other criteria such as sustenance, permitted applicants / co-
applicants, reckoning of income etc. to be taken as per regular
Home Loan – General Scheme.
Repayment Tenure

Deviations in Mortgage Plus
Deviation Approving Authority
Concessions in ROI
Quantum of loan beyond maximum permissible under the scheme.
CAC I / CAC II
Concession in processing charges up to 75% CAC-II
Concession in processing charges up to 100%
CAC-I
ITR related deviations
Calculating eligible loan amount based only on the ITR for last one
or two years instead of last 3 years (wherever applicable).
All ITRs should be filed within the same assessment year. Accepting
one or more ITRs filed in next assessment year.
RLCC (headed by
Regional Head)
Accepting applicant/co-applicant other than permitted in the
scheme.
Concession in processing charges up to 25%.
All other deviations to scheme norms.
ZLCC

Delegated Powers for Sanction in Mortgage Plus
CIBIL Score Based Delegation:
CIBIL Score Delegation
-1 Branch with enhanced due diligence
700 and above Branch
600 to 699 RLCC Headed by Regional Head
below 600 ZLCC
Amount based Delegation:
The delegated powers for sanctioning loans by Branch Heads/USK Heads in their
individual capacity are as under: (Rs. In Crore)
Scale VI V IV III II I
Union Mortgage
Plus (Incl. Home Loan
outstanding)
3.00 2.00 0.75 0.25 -- --

Delegated Powers for Sanction in Mortgage Plus
The delegated powers for sanctioning loans by various Credit Committees:
(Rs. In Crore)
The delegated powers of ULP Heads under ULP Set-up (Rs. In Crore)
Scale ULP Head
V IV III
Union Mortgage Plus (Incl.
Home Loan outstanding)
2.00 1.00 0.50
Committee CAC-I/
CAC-II
CAC III ZLCC
headed
by FGM
RLCC-I RLCC-II
Headed
by DGM
Headed
by AGM
Headed
by AGM
Headed
by CM
Union Mortgage
Plus (Incl. Home Loan
outstanding)
No
ceiling
15.00 10.00 7.50 5.00 2.50 0.75

UNION ROOF TOP SOLAR SCHEME (URTS)

Features of URTS
Purpose: Setting up/Installation of Grid connected Roof Top Solar
system up to 10 KW plant to individual having existing independent
house and have not availed loan with any other bank/FI against the
said house.
Eligible Entity/Borrower:
 Applicants are eligible as per Union Home loan Scheme
 They must be having independent house and don’t have loan with
any other banks against the said house.
 For new home loan customer UTRS can be sanctioned along with
sanction of home loan

Quantum of Loan
Quantum of Loan: 75% of Project Cost (as per MNRE approved
dealer) or Rs. 10.00 lakh whichever is lower subject to repayment
capacity
Repayment Tenure: 20 Years or repayment period stipulated under
housing loan whichever is earlier
Moratorium: Maximum up to 6 months or time taken by Discom for
installation whichever is less
Rate of Interest: As applicable to Union Home Scheme
(I.C.02646:2021 dated 18.06.2021)

Margin/ Subsidy
Margin: 5% of project cost & to be contributed by borrower
Subsidy:
 40% subsidy of the project cost for installation of Roof Top Solar
of 3 KW And 20% subsidy for beyond 3 KW and up to 10 KW
 Capital subsidy if any provided by MNRE may be taken as part of
Margin
 40% subsidy for project cost for installation up to Rs3.00 Lakh
 20% subsidy for project cost above Rs. 3.00 Lakh to Rs.10.00
Lakh.

Security
Primary security Collateral Security
(Applicable for Loan above Rs 1.00 Lakh under
this scheme)
Hypothecation of Roof
Top Solar / Assets
created out of Bank
finance
Mortgage of existing house for our loan customer
OR
Assignment/lien of LIC Surrender Value, NSC, FD
etc. or Mortgage of House which cover 100% of
Loan Value for other than our housing loan
customer.
Note: All other criteria such as permitted applicants/co-applicants, Age,
Guarantor, Reckoning of income etc are as per Home Loan - General scheme