Rate of interest
- 12.00% p.a. up to Rs.20.00 lakhs For 10 Years
- 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
Wide Circular no
कं.फा(46) बानासबैंक/सरकुर्लर/2020-21/दिनांक 16.07.2021
Maximum Repayment Period
40% of Property value
Professionals, businessman, salaried employees and self employed
As per policy of the Bank from time to time. At present NIL.
For all Domestic and Social Work
2.50% of loan amount.
Two guarantors as acceptable to the Bank. (With good net worth)