| Purpose |
Project Finance |
| Loan Amount |
Finance up to 50% of Market Value of property |
| Rate of Interest |
Click Here for Interest Rates |
| Margin |
50 % of market value of mortgaged property. |
| Gurantors |
Two |
| Repayment |
No Prepayment Charges |
| Membership |
2.5% of Loan as Shares |
| Security |
Mortgage of residential or commercial property of borrower AND Mortgage of property to be developed.
|
| Documents |
- Loan Application
- Latest Income Proof of Applicant & Guarantors
- PAN Card of Applicant & Guarantors
- Address Proof of Applicant & Guarantors
- Photograph of Applicant & Guarantors
- Search and Title report of panel Advocate & Guarantors
- Valuation Report of Property
- Project Report
- Sanctioned plan and Building permission
|
| Who Can Apply |
Any Natural & Legal entity |
