New Home Loan Scheme for DDA Housing Scheme 2017

As informed by DDA that registration date for DDA Housing Scheme 2017 has been extended upto 11 September. Some clauses have been removed while some new clauses have been added to DDA Awasiya Yojana 2017. Now DDA needs to modify is existing home loan scheme & bring new home loan scheme for DDA Housing Scheme 2017. Banks may offer loan on registration amount, will bring new brochure after 15 days. All details of new bank loan policy will be mentioned in new brochures.
So applicants may take loan for DDA Scheme 2017 after 25 August.

List of Banks may Offer Loan on Registration Amount

Here are 8 banks with contact number associated to provide loan for DDA scheme 2017:

Sr. No.	Name of Bank	Contact Number
01	SBI	9717146868
02	Central Bank of India	8800013472
03	IDBI Bank	011-66083402, 9717408104, 011-66083420, 9781110661
04	Axis Bank	8447600490
05	ICICI Bank	011-30278125, 9650964642
06	HDFC Bank	0120-4894211, 9910684966
07	Kotak Mahindra Bank	9582218058
08	Yes Bank	8588826372

Removed Clauses – DDA Housing Scheme 2017

• DDA has relaxed applicants from forfeiture clause.
• In case applicant returns house after 15 days of allotment of letter, no penalty will be applicable.
• Only 10% amount will be forfeited while 25% amount used to be forfeited earlier.

New Clauses – DDA Housing Scheme 2017

A different rate of penalty will be applicable if applicant surrender house after a specific time period, mentioned in the below table:

Amount of Penalty	Time Period After Allotment Of Demand Letter
0% Penalty	1st – 15th day
10% Penalty	16th – 30th day
50% Penalty	31st -90th day
100% Penalty (Full Amount)	After 90 days

Source: http://www.dnaindia.com/delhi/report-dda-hsg-scheme-loans-to-be-available-after-aug-25-2527486