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.
