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Property Loan

Property Loan - Max. up to Rs. 3,00,000/-

  • 15 % p.a. (1.25 % p.m.) Reducing Balance
  • For Society membership related information Click Here.
  • 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.