MORTGAGE FINANCE

MORTGAGE FINANCE (UP TO 7.5 LAKH)


Introduction

Whether you want to buy machinery or livestock, pay costly debts, pay your workers, renovate your business premise or for any other business needs, you can avail a mortgage loan. This product is for clients who want a higher loan or for longer tenure and are willing to mortgage their property.

Features and Benefits

Depending on your repayment capacity you can choose your EMI from 6 months to 60 months tenure for a maximum loan amount of Rs. 7.5 lakhs. This product is apt to fulfill your short-term or long- term business needs.

Eligibility

You should be an Indian citizen in the age group of 21-58 years
Business stability of 3 years.
Permanence of business location of 3 years.

Fees and Charges

Processing Fees – 3% + GST
Bounce Charges – Rs 590 (inclusive of taxes)
Late Payment Charges – Rs 200 per month (inclusive of taxes)
Foreclosure Charges – As applicable.
ID Proof

Current Residence Proof

Ownership Proof

Age Proof

Bank Statement