Business Mortgage Loan
Purpose of Loan
This Loan is provided for starting new business & its expansion.
This Loan will be sanctioned by mortigaing the immovable property.
Documents to be Submitted for Loan
- Sale Deed
- Partition Deed
- Documents Related to Sale Deed
- Tax Paid Receipt
- Khata Endorsement
- Khata Extract & Khata Certificate
- Encumbrance Certificate (atleast 20 years)
- 3 Years IT Returns with Balance Sheet for Loan of 5 Lakhs Above
|Duration (Years)||Rate of Interest (%) Per Annum||Maximum Loan Provided|
|For Purely Business Purpose||5 Years /
|13% PA||60% on property valuation or 10 Lakhs which ever is less|