A mortgage loan is a secured loan that allows you to avail funds by providing an immovable asset, such as a house or commercial property, as collateral to the lender. The lender keeps the asset until you repay the loan.
Repay in simple monthly instalments. Longer Tenure upto 7 yrs. Easy Repayment Options. Attractive Interest Rates.
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.
INTEREST RATES | 13% |