Prime: Mortgage of entire land purchased out of the loan sanctioned
Collateral: SARFAESI compliant immovable property/ies secured by mortgage to a minimum extent of 25% of the loan/exposure as collateral security, wherein Residential/Commercial Properties (Land & Buildings backed by approved building plan) should be minimum as follows:
- Low Risk: Minimum 25% Residential/Commercial Collateral
- Normal Risk: Minimum 35% Residential/Commercial Collateral
- Moderate Risk: Minimum 50% Residential/Commercial Collateral
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