![]() the account should not have been classified under SMA category during the last 6 months period. For existing Home Loan applicant to avail the URTS, he/ she should have a satisfactory track record of repayment of Home loan EMI and there should not be any overdue in the Home loan A/c.However, the disbursement of URTS loan, will be done only after completion / possession of the property and perfection of the security. For new home loan customer, URTS can be sanctioned along with the sanction of Home Loan.All the proposed co-owners of the property for which loan is being applied, have to necessarily join as applicant to the loan in case property is taken as collateral security.Family members are as per home loan scheme guidelines. Singly or jointly with other eligible family members.They must be having independent house and don’t have loan with any other banks against the said house.Resident Indian Citizens and Non – resident Indians (NRIs) as eligible under Home Loan scheme will be eligible under URTS scheme also.The scheme will be operation on pan India basis.Setting up 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.Loan is provided for installation of Grid connected RTS (Roof Top Solar) for residential purpose only.
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