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Loan against Mortgage
Loan against Mortgage Overview
The Bank Finances Loan against Mortgage for expenses related to domestic, education, health, purchase/repairs/developments to house/flat and to improve/expansion of business and to repay the existing debts/take over from other institutions
Eligibility
Must be citizen of India.
Minimum CIBIL Score of the borrower should be 650
The prospective borrower/s should be a customer of our Bank and should comply with KYC norms.
Salaried/Self-employed/Pensioners can avail loan.
Sufficient source of income for EMIs.
Features & Benefits
Multiple purpose uses allowed.
Lower interest rate
Longer tenure of repayment
Continued use of property
Quick approval of loan
Tax benefits
No prepayment/foreclosure charges
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