Contact us on 0141-4920518 or

  • 0141-4920518


Web Counter

Mortgage Loan

A mortgage loan is a debt instrument. Normally, people take mortgage loans to purchase property like home, land etc. A mortgage loan helps you raise money so that you can make up for your financial shortage and also purchase what you want. Mortgage loan is a Secured Loan.

Your total annual income.

Minimum age needs to be 21 years.

If have any existing liabilities.

Valuation of your property.

Number of dependents you have.

Your total work experience and experience in your current job.

Financial documents.

Both salaried and self-employed individuals are eligible to apply for mortgage loan.

Salaried Individuals

A filled loan application form.

A few passport size photographs.

Proof of identity. As proof of identity you can submit voter card, driving license, PAN card, passport, employee ID card etc.

Proof of address. Normally banks accept ration card, Aadhaar card, telephone bill, electricity bill, voter card and driving license as address proof.

Your latest salary slips.

Form 16 issued by your employer.

Bank statements of last 6 months

And a processing fee cheque.

Self Employed

Application form.

Recent passport size photograph.

Identity proof.

Proof of business existence.

Proof of education qualifications.

Certified financial statement for the last 3 years.

Last 3 years income tax return certificate.

Last 3 years income tax return certificate.

Last 3 years profit and loss (P&L) statement.

Last 6 months’ bank statement

Processing fee.

It is a cost effective way of borrowing. Normally, you can take a mortgage loan for a longer duration and pay off your repayment by using smaller monthly EMIs.

Mortgage loans charge lower rates of interest on your borrowings than any other loans.

Mortgage loan is a secured loan. It is secured against your property. The bank or lender has the right to repossess your property if you can’t repay your loan.

A mortgage loan helps you buy your own house. You can afford to buy a home with the help of this loan and be the sole owner of your property once repayment is over.

You can get loans against under construction property, fully constructed property, freehold residential and commercial properties for:

Get loan for a longer tenure.

Repay your loan with a simple repayment process through monthly instalments. You can pay it off by paying smaller monthly EMIs.

Mortgage loans are offered at attractive interest rates.

Enjoy an easy and hassle free documentation process.

You can get a mortgage loan anywhere in India with integrated branch network provided by banks.

You can choose from a number of interest rates to pay off your loan. They include - floating rates, fixed interest rates, interest-only mortgage and Payment option ARMs.

Get access to a higher amount of funds.

Mortgage loan can be sectioned even before your select your property.

You can apply for it both online and offline and enjoy doorstep services.

Both residential and commercial properties are accepted as collateral for mortgage loan.

Funds received from a mortgage loans can be used for business as well as personal needs.

Self –employed individuals get customized loan options.