Services
FEATURES OF MORTGAGE LOAN
Tenure of 1 year
Minimal Paper Work
ROI starts from 15%
1️⃣ ASPECTS
- Quick loan processing
- High Financing
- Loan limit is 60 % to 75 % of property valuation
- Mortgage loan is renewed every year
- Flexible loan tenure is up to 3 years.
2️⃣ RATE OF INTEREST
- Rate of Interest is 15%
- Penal interest: 3%
3️⃣ ELIGIBILITY
- Salaried Individual, having a regular monthly income
- Businessmen
- Self Emoloyed
- Professional having regular source of income
- Age: 22 to 60 years
4️⃣ DOCUMENTATION & SECURITY
- In case of new customer, applicant & guarantors need to open savings / current account.
- Income Proof of Applicant & Guarantors
- Residential Proof of Applicant & Guarantors
- PAN Card of Applicant & Guarantors
- KYC of Applicant & Guarantors
- 3 years of ITR
- Property documents.
- Employer (salary slip of 3 months) and income verification
- Two Acceptable Guarantors.
5️⃣ SHARE HOLDING
- Regular Membership fees is Rs. 525 & Share amount @ 5 % of loan amount
- Guarantor's Regular membership