Use the value of your property to raise funds for business, a family event, medical needs or other purposes.
11.50%per annum on mortgage loans
Features
- Loan against residential or commercial property with clear title
- Loan amount based on the valuation of the property and your repayment capacity
- Repayment in equated monthly instalments
Documents required
- Recent passport-size photographs
- Proof of identity — Aadhaar card, PAN card, voter ID, passport or driving licence
- Proof of address — Aadhaar card, utility bill, ration card or any officially valid document
- PAN card or Form 60, as applicable
- Title deed, parent documents, encumbrance certificate and patta
- Latest property tax receipt
- Income proof
Rates are subject to change at the discretion of the bank. Please confirm the current rate at the branch before you apply.