Mortgage Loan

Highlights

Purpose

Any genuine Personal / Business need. (End use certificate required)

Who is Eligible

Individual / Proprietary Concern / Registered Partnership Firm / Private Limited Company / Public Limited Company.

Bank Finance

Maximum 60% of the market value of the property.

Rate of Interest

Based on the internal credit rating of the Bank. Competitive/Attractive pricing with minimum rate.

Maximum Tenure

Mortgage Loan/Loan against Property

120 months

Flexi-Overdraft

Renewable every 12 months

Security

Only Residential and commercial properties accepted

Guarantor

Guarantor of sound means (The said guarantor will be in addition to the spouse who will be a co-applicant on loan structure.In case of Mortgage Loan 1 guarantor can be spouse in case of Flexi Overdraft granted to firm.