Mortgage Loan

Purpose 
Sometimes, the borrowers need finance instantaneously and banks take time to process the loan and disburse the loan after documentation. In order to overcome this difficulty, the Bank lends money against the immovable property in the form of Mortgage Loan.


Limit :  20 Lac only.

Period of Loan 
As per Lonnie’s requirements.

Rate Of Interest
Please Contact Your Nearest Branch.

Margin 
50% of the value assessed by Bank’s approved Architect/ Valuer.

Security 
Mortgage of immovable property

Guarantee 
One solvent third party guarantee for loan amount above as per Lonnie’s amount.
*Condition Apply