Financing, Consultancy and Capacity Building
Aiming New Responsibilities, Looking New Possibilities...

To provide housing finance to individual, HUDCO launched its Retail Finance window in 1998. HUDCO NIWAS offers most competitive interest rates coupled with broad based user friendly option and value added services as a part of its scheme. Loans are provided for constructions or purchase of house/flat, for purchase of plot form public agencies, reputed builders, cooperative societies of government employees, for extension or improvements of existing house, registration of existing house including conversion from lease hold, refinancing of existing loan taken from other institutions. Bulk loan also provided to State Government, Para-Statal institution of the State Government and for profit PSUs, for giving House Building Advance to their employees.

  1. HUDCO NIWAS - a cut above the rest
    • Most competitive interest rates
    • Interest calculated on monthly reducing balance.
    • Free personal accident insurance to cover outstanding loan amount
    • Zero processing and low administrative charges @ 0.25% of the loan amount sanctioned.
    • No prepayment penalties.
    • Facility of resetting of existing loan from fixed to floating and vice versa on nominal charges.
    • Loan Tenure upto 25 years.
    • Transparency and No hidden cost
    • Free counselling on alternate building technologies.
    • Free counselling on designing the house.