We make loan easyImmovable Property Loans

TITLE	NORMS
Purpose	Purchase of House site / Purchase of House / House Construction/ House Repairs/ Marriage Expenses
Eligibility	A Khatha B Khatha,BBMP Limit,BDA approved Salaried Employees / Businessmen/Professionals and Individuals with proven source of Income
Loan Limit	Rs.7500000/-(seventy five lakhs) Maximum
Repayment Period	Repayable in 180 EMI
Rate of Interest	A) For Repair & Renovation Upto Rs.25 Lakhs 12.00% B) For Construction/ Purchase Upto Rs.25 Lakhs 12.00% Rs.25 Lakhs to Rs.70 Lakhs 12.00% Above Rs.70 Lakhs 12.00%
Share Holding	2.5% of the Loan amount as per RBI notification
Security	Mortgage of the Property by way of Registered Memorandum of Deposit of Title deeds
Purpose Proof	Construction/Approved plan Construction Extension Approved plan, Estimation for construction by Registered civil engineers.Property photo ( 2 views) – property and road. Purchase of House Agreement of Sale executed on stamp paper Xerox copies of property documents.
Documentation	Prescribed Application Form with Attested Copies of Photo ID – Voter ID/DrivLicense/Passport/Aadhar PAN Card Income Proof - Salaried Certified Salary Certificate/Payslips- 3 months Form 16A issued by employer, Copy of Passbook 3 years IT Returns Business/Professionals 3 years IT Returns, with Tax paid challan Professionals/ Bank pass book/statement Self employed 1. Consent declaration from family members wherever applicable. 2. Income proof as above of family members wherever applicable.