Mortgage Loan
A mortgage loan is a secured loan that allows you to avail funds by providing an immovable asset, such as a house or commercial property, as collateral to the lender . The lender keeps the asset until you repay the loan.
Required Document
| • AGREEMENT BOND |
| • LETTER OF LIEN & SET-OFF |
| • PROMISORY NOTE |
| • LAND EXTRACT |
| • CTS/TMC EXTRACT |
| • VPC EXTRACT |
| • VALUATION / PACHAMATI KIMMAT |
| • CHAKABANDI |
| • 1ST ENCUMBARANCE CERTIFICATE |
| • MORTGAGE DEED |
| • 2ND ENCUMBARANCE CERTIFICATE |
| • BUSINESS LICENSE COPY |
| • SALARY CERTIFICATE |
| • PENSION A/C STATEMENT |
| • AFFIDAVIT |
| • CONSENT LETTER |
Charges of Loans
| Application Charges | GST at 18% | Total | |
|---|---|---|---|
| Application Charges | 50/- | 9/- | 59/- |
| Bond Charges | Bond Charges | GST at 18% | Total |
|---|---|---|---|
| Loan Amount Upto 10,000/- | 30/- | 5.40 + 0.60 (Round Off) | 36/- |
| Loan Amount from 10,001/- to 25,000/- | 50/- | 9/- | 59/- |
| Loan Amount from 20,001/- to 50,000/- | 100/- | 18/- | 118/- |
| Loan Amount from 50,001/- to 1,00,000/- | 200/- | 36/- | 236/- |
| Loan Amount from 1,00,001/- to 5,00,000/- | 500/- | 90/- | 590/- |
| Loan Amount from 5,00,001/- to 10,00,000/- | 1,000/- | 180/- | 1,180/- |
| Loan Amount from 10,00,001/- to 25,00,000/- | 3,000/- | 540/- | 3,540/- |
| Loan Amount from 25,00,001/- to 50,00,000/- | 5,000/- | 900/- | 5,900/- |
| Loan Amount from 50,00,001/- and above | 15,000/- | 2,700/- | 17,700/- |