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Loan Against property

Sl. No.

Product Attributes

Description/Details

1

Purpose

Any bankable project

2

Eligibility

Professionals

Salary Class

Businessmen

Agriculturist

Net income should be more than 10000/-

3

Age Limit

18 to 65 years

4

Loan Amount

Min – 100,000/-

Max upto Rs. 25lacs

Limited to 50% of the Market value

5

Rate of Interest

18 % DM

6

Processing fee

1% of the loan amount

7

Loan Period

Max 60 months

8

Repayment Mode

Weekly/Fortnightly/Monthly

9

Security

Mortgage of property

Pronote & Agreement

Guarantee Agreement