Mortgage Loan
- Providing Term Loan against mortgage of House/Flat or any other commercial property to the owner of the property (but not agricultural land or any other vacant land).
- Purposes to meet any personal/ business requirement except speculations; limit shall be allowed for business purpose only.
Applicant Details :
- Copy of Last Three years income tax return, Pan Card
- If Applicant is businessman in that case last three years copies of balance sheet, income tax return of the proprietor/partner,statement of capital account.
- Written & approved confirmation of having No Legal Suit filed against any of the directors. If any such legal suit or proceedings are pending then the details of such legal suit or proceeding.
- Three copies of Photograph
- Copy of PAN Card
- Address proof – electric bill /telephone bill (any one)
- Photo proof – Pan card / Voter card / Driving license (Any one)
Guarantor Details :
- Photograph ( 2 Copies )
- Last tax bill
- Last income tax return copy
- Address proof – electric bill /telephone bill (any one) As per KYC norms
- Photo proof – Pan card / Voter card / Driving license (Any one) As per KYC norms
Conditions :
- Any individual (salaried or Professional/Self-employed or pensioner or others) in the age bracket of 21-65 years having property to be mortgaged and sufficient income to repay the loan.
- If Applicant is businessman in that case last three years copies of balance sheet, income tax return of the proprietor/partner,statement of capital account.