Personal Loan

Personal Mortgage Loan

Who can Borrow	Permanent Salaried Employee, Engaged in Business, Self Employed Professionals.
Purpose	Repayment of personal Borrowings/ Business purpose/ Medical Emergencies etc
Security	Immovable Property Such as Flat / Row house/ Shop/ Industrial Gala having with possession and OC, Land along with House, NA Land
Margin	25% or 40% of the Realizable Value of the property offered as security.
Rate of Interest	Upto Rs. 1.00 crores- 09.50% p.a. Above Rs. 1.00 crores- 12.00% p.a.**
Repayment	Max.120 Months
Processing Fees	As per our service charges applicable
Basic Documents	1. KYC documents of Borrowers and Guarantors . 2. For Salaried Employee : – Salary slip for the last 3 months along with bank statement wherein salary is credited for last one year. – Latest Form No.16 3. For Business/Self Employed Professionals : – IT Returns along with Financial statements for the last 3 Yrs – Statement of business account for last one year. 4. Chain of Agreement along with permissions from competent authority of the property to be purchased.

BCCB Personal Loan

Who can Borrow	Individuals (Permanent Salaried Employee, Engaged in Business , Self Employed Professionals).
Purpose	To Meet personal expenses such as Medical/Travel/ Purchase of Hi tech Electronic Gadgets, Household appliances/Furniture/House Repairs etc.
Limit	Maximum loan to sanctioned ——–Upto Rs.5.00 Lacs
Collateral Security	Security such as Pledge of our banks Term Deposits, NSC , Assignment of Surrender Value of LIC policies , Simple Deposit of Title Deeds of owned immovable property with noting of charge with competent authorities.
Margin	No Margin
Rate of Interest	12.50 % p.a
Repayment	60 EMI (5 Years)
Processing Fees	As per our service charges applicable
Basic Documents	1. KYC documents of Borrowers and Guarantors . 2. For Salaried Employee : – Salary slip for the last 3 months along with bank statement wherein salary is credited for last one year. – Latest Form No.16 3. For Business/Self Employed Professionals : – IT Returns along with Financial statements for the last 3 Yrs – Statement of business account for last one year.