Mortgage Loan

Loans and Advances

NEWS & UPDATES | KYC is one time exercise while dealing in securites markets ( click for more details )

Mortgage Loan

“Mortgage your needs for a Happier future”

Features & Benefits

  • Attractive interest rate
  • Interest charged on daily reducing balance
  • Simplified documentation

 Purpose

House repairs, medical expenses, business purpose etc.

Quantum of Loan

Limit upto 12,00,00,000/-

Rate of Interest

Starting at 12% pa

Tenure

Upto 15 Years

Documentation

  1. Absolute Sale Deed
  2. Possession Certificate/Release of Lease Agreement
  3. Betterment Charges paid receipt
  4. Latest Khatha Certificate and Khatha Extract
  5. Upto date Tax paid receipt
  6. Encumbarance for 13 years in Form No.15
  7. Income Proof
  8. Sanctioned Plan
  9. Family Affidavit for loan repayment commitment
  10. Residential Address Proof
  11. Building Photo
  12. IT Returns for last 3 years along with Balance Sheet and Profit and Loss Account Statement duly certified by the charted accountant

NOTE:

  • Repayment of monthly installments – as per the Bank rules
  • Loan will be sanctioned subject to fulfillment of any other conditions of the Bank(proportionate share amount, loan processing charges, insurance charges.