Mortgage Loans
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We thank you for showing your interest in us. Following is the way to opening an
account with us.
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- Please find our
Branch nearest to you and contact
our representative
for further proceedings.
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We request you to wait for 7 working days after your application to revert back
to you. Thanks you in the meantime for your patience.
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You have your own property but need cash to fulfill your personal needs, than for
what you are waiting? Walk to us we are here to fulfill your need through mortgage
loan scheme.
Purpose & Type
- Purpose:Personal or Business Aspect
(Any member who is Salary Paid or have business or other).
- Type of Loan:Term Loan/ based on Monthly
Repayment.
Eligibility
- This loan can be given to the person its own property.
- 5 times of annual income written in income tax return is permissible.
- In case of other’s property the person is treated as a co borrower and income will
be considered including both.
- Applicant’s family will be considered as per introduction of family given by the
the RBI letter.
- Age Limit is upto 60 years.
Amount and tenure
- Loan Amount:Maximum Rs. 10,00,000/-
- Loan Tenure:5 years.
Rate of Interest
As applicable from time to time. (See Current Rates)
Security
- Equity Mortgage Property
- Double Collateral Security
- Two Income Tax payer Guarantee
- Postdated Cheques
Repayment
Total 60 Monthly installments paid by the postdated checks.