Property Mortgage Loan

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.
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. For other documents & Check Add. Information