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PROPERTY MORTGAGE LOAN

Eligible persons Any individual owning building with adequate means to repay the principal and interest of the loan shall be eligible to apply for the loan..
Loan Amount Maximum Rs.2000000/
Loan Term Maximum 120 Months .
Rate of interest 11%
Interest Type Fixed .
Purpose Repairs/renovation of the House,Medical Expense,Marriage Expense,Education Expense Business and Business Development.

DOCUMENTS REQUIRED

  • 1: Application form.

  • 2: Introduction.

  • 3: Recent Photograph two numbers

  • 4: Address Proof and Identify proof

  • 5: KYC – Any one document from each of the following two lists subjects to Bank’s satisfaction

Latest Photo Identification Documents

  • 1: Passport.

  • 2: PAN card.

  • 3: Voter’s Identity Card

  • 4: Driving Licence

  • 5: Identity card issued by the Govt / Public Authority / (Reputed institutions subject to Satisfaction of bank)

  • 6: Letter from employer – subject to satisfaction of Bank.

  • 7: Aadhar / UIDAI Card.

Latest Documents showing address proof

  • 1: Ration Card.

  • 2: Passport with same address.

  • 3: Telephone Bill – Recent month.

  • 4: Letter from employer Subject to satisfaction of Bank

  • 5: Bank Account Statement with Address.

  • 6: Electricity Bill.

  • 7: Income Tax /Property Tax Assessment Order / Receipt.

  • 8: Credit Card.

DOCUMENTS REQUIRED FOR COMPANY ACCOUNTS

  • 1: Board resolutions.

  • 2: Memorandum of Association.

  • 3: Articles of Association

  • 4: Certificate of Incorporation

  • 5: Certificate of Commencement of Business (for public limited companies).

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