|Type of Facility
||Loan against Property
|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
||40% of Property value
||Professionals, businessman, salaried employees and self employed
||For all Domestic and Social Work
||As per policy of the Bank from time to time. At present NIL.
||2.50% of loan amount.
||Two guarantors as acceptable to the Bank. (With good net worth)
- 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