This scheme provides loan facility against mortgage of property at the rate of interest fixed by the Bank. The scheme is for people engaged in trade, commerce & business and also professionals & self employed, Prop. Firm, partnership firms, companies, NRIs and individuals with sufficient repaying capacity including salaried people and agriculturists. The product provides an opportunity to customers to borrow against a fixed asset (mortgage of property) at a short notice without much paper work/attendant hassles.
Interest Rate
Begin Amount
|
End Amount
|
Interest Rate
|
|
1.00 |
500,000.00 |
12.00 % |
|
500,001.00 |
|
14.00 % |