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Union of India - Section

Section 22 in National Housing Bank (Officers') Service Regulations, 1997

22. Loans for purchase of houses.

- The Bank may grant to an officer confirmed in the Bank's service a loan for the purchase of land for construction of a house or for purchase or construction of a house, flat or apartment or for extension or renovation of a house, flat or apartment, on such terms and conditions as the Board may decide generally or with reference to any particular loan having regard to the guidelines issued by the Government.