Loan Against Property Mortgage

Applicant : Any Individual (Single/Jointly).
Purpose : Personal/Business Development.
Loan Amount : As per demand and with 25% margin.

Repayment : Upto 84 months.
Security : Registered Mortgage of financed property/property proposed to be furnished.
2 Guarantors.

Shareholding : 2.50% of the loan amount.

Documents : For detail documents please contact your nearest branch. (Property valuation from bank Valuer is compulsory & property should not be prior to 25 years)
Evidence of end use of the loan.
For other documents & Check Add. Information

Insurance : Insurance of property charged to the Bank.
Details Interest Rate
Upto 5,00,000/- 12%
5,00,001/- To 10,00,000/- 12.50%
10,00,001/- And Above 13%