Discover the power of your property… !
For meeting genuine needs - other than speculative purposes.

Eligibility:

• Customers having satisfactory dealings with our bank

• New customers well introduced and credit worthy with satisfactory banker's / market reports on them.

Quantum :

• Upto 50% on the value of the property offered as security as per the valuation report of the bank's panel-valuer.

Rate of Interest: Please visit our interest rate page for the current rates

Repayment :

• Upto 60 months by way of EMI

Security:

• Equitable Mortgage of property acceptable to the Bank having clear marketable title.

Guarantee:

• Personal Guarantee from person / s of adequate net worth acceptable to the Bank. Waiver considered selectively.

Processing Charges:

• 0.5% of loan amount

Documents / Formalities :

• Stipulated Loan Application with passport size photographs - 2 copies each

• Copy of lease deed

• Income proof of the applicant and guarantor

• Income Tax Assessment Order / IT Returns

• Title deeds of the property / EC, latest tax paid receipt / Legal Scrutiny Report

• Approved plan of building

• Certificate of balance if finance is availed against property from any other source

• Annual Financial Statements for the past 2 years (in case of persons other than salaried individuals)

For more details, please visit our nearest branch or call to toll free no. 1800 425 0018.