• Welcome To BARAN NAGRIK SAHAKARI BANK
  • ho@bnsb.co.in
  • 07453-230343

Loan Against Property

  • Home / Loan Against Property

Rate of interest

  • 12.00% p.a. up to Rs.20.00 lakhs For 10 Years

Documentation

  • Duly filled prescribed application form
  • Photo Identity & Residence Proof of the Applicant & Guarantor
  • Income proof a) or b) from below as applicable
  • Salaried person: salary slips for last 6 months, ITR/Form 16 for last 3 years. Bank Statement for last 6 months
  • Businessman/Professional/self employed: last three years profit & loss account and balance sheet, & ITR and Bank statement for last 6 months.
  • Legal Documents for creating mortgage as per requirement

Maximum Amount

Rs.20.00 lakhs

Wide Circular no

कं.फा(46) बानासबैंक/सरकुर्लर/2020-21/दिनांक 16.07.2021

Maximum Repayment Period

120 months

Margin

40% of Property value

Eligibility

Professionals, businessman, salaried employees and self employed

Processing Fees

As per policy of the Bank from time to time. At present NIL.

Purpose

For all Domestic and Social Work

Shareholding/Membership Contribution

2.50% of loan amount.

Guarantors

Two guarantors as acceptable to the Bank. (With good net worth)