• ho@bnsb.co.in
  • 07453-230343

Loan Against Property

  • Home / Loan Against Property
Type of Facility Loan against Property
Maximum amount Rs.20.00 lakhs
Rate of interest
  • 11.50% p.a. up to Rs.20.00 lakhs For 10 Years
Wide Circular no : daz-Qk¼46½ ckuklcSad@ljdqyZj@2020&21@11223&35@fnukad 16-06-2020
Maximum repayment period 120 months
Margin 40% of Property value
Eligibility Professionals, businessman, salaried employees and self employed
Purpose For all Domestic and Social Work
Processing fees As per policy of the Bank from time to time. At present NIL.
Shareholding/Membership Contribution 2.50% of loan amount.
Guarantors Two guarantors as acceptable to the Bank. (With good net worth)
  1. Duly filled prescribed application form
  2. Photo Identity & Residence Proof of the Applicant & Guarantor
  3. Income proof a) or b) from below as applicable
  4. Salaried person: salary slips for last 6 months, ITR/Form 16 for last 3 years. Bank Statement for last 6 months
  5. Businessman/Professional/self employed: last three years profit & loss account and balance sheet, & ITR and Bank statement for last 6 months.
  6. Legal Documents for creating mortgage as per requirement