Mortgage Loan

Mortgage Loan to individuals against existing property.

Purpose:

•  To meet personal/business needs.
•  To take over regular loan account from another Bank or financial institution.

Who are eligible :

Individuals, firms and companies who are residing and employed in valid gainful activity in the area of operation of the Bank.

Loan amount

70% of the value of old immovable property and 80% of new property registration value subject to repayment capacity of the borrower.

Security

Mortgage of immovable property.

Repayment Maximum in 84 EMIs.