Mortgage Loan

Purpose of Loan

This Loan is provided for purchase of Property, Cunstruction of Property or Repair & Extension of Property. Also for Business Improvement purpose.

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)
  • Approved Plan (Construction Loan)
  • Estimate Approximate (Construction Loan)
  • 3 Years IT Returns for Loan of 5 Lakhs Above
  • For 60 Lakhs and above submit the bank statement
Purpose of Loan Duration (Years) Rate of Interest (%) Per Annum Maximum Loan Provided
Purchase of Property 15 Years /
180 (months)
13% PA 75% on property valuation or 75 Lakhs which ever is less
Construction/ Repairs/ Extension of Building 15 Years /
180 (months)
13% PA 75% on property valuation or 75 Lakhs which ever is less
Business & Other Purpose 12.5 Years /
150 (months)
13% PA 60% on property valuation or 75 Lakhs which ever is less