Vardayini Cooperative Credit Union Limited Administrative Office

MORTGAGE LOAN

Business Expansion, Purchase or construction of Business premises & various other legal reasons by Individual Person, Partnership firm & Company 13.50% (having 200% Security) 14.00% (having mini.150% Security) For GPA Property Mortgage Loan Int Rate is 15.50 % P.A.

FEATURES & BENEFITS

Financial Assistance on basis of salary, Business or Professional income.
Low cost, No Prepayment charges.
Guarantee based loan.
Repayment through Daily/Cheque/ECS.
Loan Limit 50% of Property Value or Rs. 80 Lakh whichever is less.
Repayment period Upto 84 TO 120 Months depending upon age of applicant.

ELIGIBILITY

Applicant having/ ready to have membership & having confirmed services with salary slip ( ITR & Business Proof for Businessmen).
Applicant should have adequate income available for instalment.

REQUIRED DOCUMENTS

Residential/ ID / Income Proofs/Salary Slip with form 16/Photos of Borrower & 2 Guarantors.
Bank Statement (ITR & Business Proof for Businessmen).
Property Papers with proper building permissions having legal title.

Note : Terms and conditions apply.

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