Site/House/ Building Mortgage Loan

Purpose: Any purpose.

Maximum limit: For Individual Site/House/Building – Rs.20.00 lakhs

For institution: Rs. 500.00 lakhs.

For Site 100% of Government value and for Building 50% of the value appraised by the valuator of the bank.

Term: 10 Years/ 120 monthly Instalments for individuals

15 Years/ 180 monthly instalments for Institutions

Security: Site/House/ Building should be mortgage to Bank. In addition 2 local personal sureties should be provided having sufficient fixed assets.