Loan Against Property - Max. up to Rs. 5,00,000/-
  • 15% p.a. (1.25% p.m.) Reducing Balance
  • Must be a Member of the society.
  • Share Money and Compulsory Deposit (CD) shall be Rs. 20,000/- each deposited into the account of the member.
  • Member must have completed at least 6 months.
  • 2 Guarantors (Guarantors shall be the existing member of the society and should not be a defaulter)
  • 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)
  • 3 A/c Payee Cheques (CTS Cheques)
  • 2 Latest Passport Size Photo.
  • Original documents of the Registered Property Papers to be mortgage.
  • Loan Tenure will be max. of 60months (5 year)
  • Non-payment of the instalment on Due date will incur 3% penalty interest extra to the member.
  • Processing Charges shall be applicable.
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