Nagrik Property Mortgage Loan

• Purpose – Bank acceptable any personal reason.

 

• Loan amount - twice the annual income, 70 percent of the valuation of mortgage property, maximum 70 lakh whichever is less.

 

• Securities – Immovable property of the borrower or the guarantor, guarantee of one member accepted by the Bank.

 

• Insurance - Mortgage property will have to be insured and mortgage deed will have to be edited.

 

• Loan repayment - Maximum period of 60-120 months. Repayment of loan in monthly installments.

 

• Applicant will have to submit three years financial sheets and income tax return.

 

• Interest Rate - Click here.