Any businessmen, Traders, Professionals or Individuals can avail for the purpose of business or personal requirement Term Loan against mortgage of clear and marketable Immovable Residential / Commercial Property.
Maximum loan granted is RS 150 Lac.
Margin to be raised is 25-40 %.
Property Loan - Loan can be granted is uptoRs. 5.00 to 10 Lac.
Margin to be raised is 50%
Repayment based on cash resources available and capacity to repay.
Two acceptable sureties required.
The applicant has to become the Shareholder / Member of the bank.
Condition Apply.