Property Loan
Property Loan - Max. up to Rs. 3,00,000/-
Interest
- 15 % p.a. (1.25 % p.m.) Reducing Balance
- For Society membership related information Click Here.
Conditions
- Must be a Member of the society.
- Share Money and Compulsory Deposit (CD) shall be min. 10 % each deposited into the account of the member.
- 3 Guarantor (Guarantor shall be the existing member of the society and should not be a defaulter)
Documents Required
- Photo Id Proof (Any like Voter ID Card, Aadhar Card, Pan Card etc.)
- Address Proof (Water/Electricity bill, Compulsory)
- Income Proof (3 years ITR, Salary Slip, Affidavit)
- 1 Latest Passport Size Photo.
- 3 A/c Payee Cheques (CTS Cheques)
- • Original documents of the Registered Property Papers ( SDM REGISTRY) to be mortgage.
Loan Tenure & Charges
- Loan Tenure will be max. of 60 months (5 year)
- Non-payment of the instalment on Due date will incur 3% penalty interest extra to the member.
- Processing Charges shall be applicable.