Member can avail Mortgage Loan up to 50% of security or collateral
maximum limit up to 25 lakh
Interest calculated on diminishing balance
You can avail Mortgage loan against a wide range of properties such as under construction property, fully constructed property, freehold residential and commercial properties. However, it must be noted that the property must be free from legal hassle and encumbrances. The borrower must own clear title to the property.
Mortgage Loan is available for a longer tenure Up to 10 years
If you are self-employed you also have the privilege of getting this loan options.
