Purpose

• For meeting any genuine needs and purpose acceptable to the company and should not be for any speculative purpose.

Eligibility

• Individuals who are salaried persons/ professionals/ businessmen /NRI /pensioner/ firms/ companies who have adequate repayment capacity supported by Proof Viz Salary slips/Form 16 and Income Tax Returns.
• Property (land& building) proposed for mortgage to stand in the name of applicant/s.
• Existing customers having satisfactory track record with the company as well as new customers based on their credentials in the market.

LTV

• Up to 60% of market value of the property as per the valuation report given by the company’s panel valuer.

Security

Rate of interest

• Prevailing card rate.

Repayment

• Up to 20 years.