Important Note
This scheme is offered by select builders. Ensure you understand terms and conditions. The "free" interest is typically built into the property price.
No EMI, No Interest till Possession
Pay only after you get the keys to your new home
How It Works
Builder pays the interest to the bank during construction. You start EMI only after possession, saving lakhs in pre-EMI interest!
Save on Interest
No interest payment during construction period (typically 2-4 years)
Better Cash Flow
Continue living in current home without paying rent or EMI
Risk Free
EMI starts only when you get possession
Example Calculation
-
Property Value
₹75,00,000
-
Loan Amount (80%)
₹60,00,000
-
Construction Period
3 Years
-
Interest Saved (@ 9% p.a.)
₹16,20,000
