Loans for various purposes
against
immovable property.
Maximum loan amount up to
50%
of Market Value of
Property.
Easy Repayment Period up
to
60 months.
Purpose
Long term working capital
requirements
Educational, Marriage,
Medical expenses or other
consumption purpose
Investments ( other than
speculative)
Any other verifiable
purposes
Salaried Individuals
Least of following in case
of Term/Overdraft
Loans (Maximum Rs. 7 Crores)
50% of the Market Value
30 times of Net monthly
salary (in case of salaried)
Other than Salaried
Least of following in case
of Term/Overdraft
Loans (Maximum Rs. 7 Crores)
50% of the Market Value
20% of Total
Turnover ( In case
Of Overdraft Limit )
or
assessed under MPBF Method or with Average Interest
Service Coverage Ratio for loan period
Security
Equitable / Registered
Mortgage of Residential Flat
/ Premises / Shop / Gala
Repayment
Maximum
60 months (5 yrs)
20% reduction of the limit
annually, and renewable
every year in case of
overdraft.
Guarantors
Two
Common Documents
Attested photocopy of PAN
card / Passport / Driving
License.
Attested photocopy of
Ration Card / Electricity
bill / Telephone bill
Latest Salary Slip and
Form No. 16 in case of
salaried persons
Audited Balance sheet /
Profit & Loss statement for
last 3 years in respect of
firm/company
Income Tax returns, with
computation of total income
for last 3 years in case of
professionals
and self-employed persons
C.A. Certified Net Worth Form of borrower
and guarantors
Copy of Bank statement (at
least six months)
Latest passport size
photographs
Documents
Original Sale agreement
duly stamped and registered
Original payment receipt
Original NOC from
Society/Builder in Bank's
prescribed format
Valuation report
from Banks approved
Valuer.
Legal opinion from Bank's
approved advocate and Latest
maintenance receipt
Projected financial
statements
::
Mortgage Loans
Loans for various purposes
against 
