• 0471-4011855 | +91 08590762208 | +91 08138000718
  • RIVO TOWER, Vanchiyoor, Trivandrum

Mortgage Loan

  1. Home
  2. Loans
  3. Mortgage Loan

Mortgage Loan

A mortgage loan is a secured loan that allows you to avail funds by providing an immovable asset, such as a house or commercial property, as collateral to the lender. The lender keeps the asset until you repay the loan.

Features & Benefits­

  • Higher LTV and Loans from Rs.1.00 lakh onwards depending on your needs
  • Attractive Interest Rates
  • Benefits of lower EMI
  • Pay at any of our branches
  • Hassle-free documentation procedures
  • Great Transparency
  • Approval within days
  • Flexible re-payment
  • Doorstep Service
  • Loan for Businessmen, Professionals, Employed persons and Individuals for the marriage of children, higher studies of child, Medical treatment etc.

who is having sufficient income to service the loan.

  • Loan Against Property – Residential, Commercial, Agricultural
  • Loan decided/granted on re-payment capacity and market value of the property.
  • Simple and very speedy processing
  • Repayment tenure up to 60 months and 84 months
  • No Lock-in period of foreclosure
  • Part payment allowed.
  • Age of the building no bar
  • Facility for daily remittance

Rate of Interest

  • Interest rate varies from 1.25% to 1.70 per annum
  • Property situate in Corporation or Municipality limits
  • Service charge @ 1% on the loan amount
  • GST @ 18% on the service charge

Property Documents required for registered SINL Mortgage Loan

  • Parent document of the property.
  • Sale deed of the property.
  • Encumbrance certificate for a period of 33 years.
  • Up-to-date Property Tax Receipt.
  • Up-to-date Electricity Bill & E.B. Card.
  • Income proof of all working individuals in the family
  • Photo of the Property in an elevated Front view and a Photo covering the inner view.
  • Any other document that may be considered necessary after scrutiny.

KYC Documents required for Registered Mortgage Loan

  • Proof of Identity – Voter ID, Aadhar Card, PAN Card (Any one).
  • Proof of Address – Voter ID, Aadhar Card, Ration Card, Telephone bill, property tax bill, lease deed (Any one).
  • Two Passport size photographs.
  • Rupees One hundred and ten for Membership Enrolment.
  • Rupees One hundred for opening Savings Deposit Account.