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Mortgage Loan

Make the most of your property to cater to your present & prospective financial requirements

Key Features
Your property can transform your dreams into reality

Whether it is financing your child’s higher education, expanding your business or purchasing a brand new vehicle, with SVC Bank's Mortgage Loan, you can put your property to good use and make your dreams come true! So, apply for Mortgage Loan today to avail funding at an attractive rate of interest.

Account feature

Attractive rate of interest

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Quick approvals & Personalised service

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Top-up loan option available

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EMIs based on 180 months / 15 years tenure

Benefits Image

Other Benefits

  • Purpose:
    To offer instant solutions relating to business needs, personal needs and / or any other productive legitimate purpose (not for speculative activities), such as, 
    • Education
    • Acquisition of assets
    • Purchase / construction of commercial premises
    • Undertaking expansion / renovation of business premises etc.
  • Loan Amount:
    Maximum INR 750 Lakhs*
  • Margin: Property Agreement Date / Purchased on
    • Up to 1 Year: 20% of Agreement Value or Market Value whichever is less
    • Above 1 year: 35% of Market value
  • Repayment:
    Maximum 15 years by way of EMIs
  • Security:
    • Mortgage of commercial premises to be purchased
    • Mortgage of immovable property (excluding open plot of land and agricultural land)

*Terms & conditions apply

Eligibility

  • Should be an income tax assessee, aged 21 years and above
  • Individuals employed / Individuals engaged in business / Professionals having a fair repaying capacity to justify servicing of monthly instalments

FAQ

Mortgage Loan can be availed for funding business needs, personal needs or any productive purpose like education, acquisition of assets, expansion of business, etc, but cannot be availed for speculative purpose

Vehicle loan of maximum INR 750 Lakhs can be availed

Property Agreement Date / Purchased on 

Up to 1 Year: 20% of Agreement Value or Market Value whichever is less
Above 1 year: 35% of Market value

Repayment tenure for mortgage Loans is 15 years

Yes, Top up Facility is available on Mortgage Loans with SVC Bank

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