Mortgage loans
Mortgage loans
Overdraft facility against security of urban immovable property located in CRDA and TUDA regions. The facility can be for any purposes viz. to repay the existing debts /take over from other institutions, expenses related to domestic, educational, health, repairs/developments to house/flat, to improve the business etc., but not for speculative purpose.
Mortgage loans
Overdraft facility against security of urban immovable property located in CRDA and TUDA regions. The facility can be for any purposes viz. to repay the existing debts /take over from other institutions, expenses related to domestic, educational, health, repairs/developments to house/flat, to improve the business etc., but not for speculative purpose.
Eligibility
- Individuals who have the title deed registered in his/her name.
- Individuals (other than NRIs) from the age of 21 to 65 years whose maximum age on due date is not to be more than 75 years.
- The prospective borrower/s should be a customer of our bank.
- The prospective borrower/s should have the repayment capacity.
- The income of Co-applicant/s shall also be taken into consideration for arriving the repayment capacity of the prospective borrower.
- Minimum CIBIL Score is 650
- Minimum extent of property should be 50 sq.yards.
Eligibility
- Individuals who have the title deed registered in his/her name.
- Individuals (other than NRIs) from the age of 21 to 65 years whose maximum age on due date is not to be more than 75 years.
- The prospective borrower/s should be a customer of our bank.
- The prospective borrower/s should have the repayment capacity.
- The income of Co-applicant/s shall also be taken into consideration for arriving the repayment capacity of the prospective borrower.
- Minimum CIBIL Score is 650
- Minimum extent of property should be 50 sq.yards.
Mortgage loans
Overdraft facility against security of urban immovable property located in CRDA and TUDA regions. The facility can be for any purposes viz. to repay the existing debts /take over from other institutions, expenses related to domestic, educational, health, repairs/developments to house/flat, to improve the business etc., but not for speculative purpose.
Eligibility
- Individuals who have the title deed registered in his/her name.
- Individuals (other than NRIs) from the age of 21 to 65 years whose maximum age on due date is not to be more than 75 years.
- The prospective borrower/s should be a customer of our bank.
- The prospective borrower/s should have the repayment capacity.
- The income of Co-applicant/s shall also be taken into consideration for arriving the repayment capacity of the prospective borrower.
- Minimum CIBIL Score is 650
- Minimum extent of property should be 50 sq.yards.
Features & Benefits
Amount of Loan: upto ₹5.00 Lakhs
Tenure of the loan upto 120 months
For Flats: The loan shall be considered 70% of the SRA value or 60% of the market value, whichever is less
For Independent Houses: The loan shall be considered 90% of SRA value or 65% of the market value, whichever is less.
- Facilitate your working capital requirements
- Enjoy anytime usage of credit limit.
- Pay interest on amount used.
- Lower Rate of Interest.
- No prepayment/foreclosure charges
- Multiple purpose uses allowed.
Amount of Loan: upto ₹5.00 Lakhs
Tenure of the loan upto 120 months
For Flats: The loan shall be considered 70% of the SRA value or 60% of the market value, whichever is less
For Independent Houses: The loan shall be considered 90% of SRA value or 65% of the market value, whichever is less.
- Facilitate your working capital requirements
- Enjoy anytime usage of credit limit.
- Pay interest on amount used.
- Lower Rate of Interest.
- No prepayment/foreclosure charges
- Multiple purpose uses allowed.
Rate of Interest
Sai Venkateswara Multipurpose Mutual Aided Co-operative Society Ltd's Mortgage Loan Offering.
Sai Venkateswara Multipurpose Mutual Aided Co-operative Society Ltd takes pride in facilitating homeownership dreams through its mortgage loan offerings. Designed to cater to diverse financial needs, the society’s mortgage loans provide a pathway for individuals to acquire or improve their residential properties. Explore the key features and benefits of Sai Venkateswara Multipurpose’s mortgage loan services.
Tailored Financing Solutions:
Sai Venkateswara Multipurpose understands that every homeowner’s financial situation is unique. The society offers customized mortgage loan solutions, allowing borrowers to select terms and conditions that align with their specific requirements.
Competitive Interest Rates:
The society is committed to providing competitive interest rates, ensuring affordability for borrowers. Whether opting for a fixed-rate mortgage or an adjustable-rate option, Sai Venkateswara Multipurpose strives to offer favorable terms that suit individual financial preferences.
Flexible Repayment Options:
Recognizing the importance of flexibility, the society provides a range of repayment options. Borrowers can choose from various tenure lengths, allowing them to tailor their monthly payments according to their financial capabilities.
Streamlined Application Process:
Sai Venkateswara Multipurpose simplifies the mortgage loan application process. Prospective borrowers can expect a straightforward application procedure, supported by a dedicated team that guides them through documentation requirements and ensures a smooth experience from application to approval.
Transparent Terms and Conditions:
Transparency is a core value at Sai Venkateswara Multipurpose. The society ensures that borrowers are well-informed about all terms and conditions associated with their mortgage loans, fostering trust and clarity throughout the borrowing journey.
Customer-Centric Approach:
Sai Venkateswara Multipurpose places a high emphasis on customer satisfaction. The cooperative society’s customer service team is readily available to address queries, provide assistance, and offer guidance, prioritizing a positive and supportive experience for borrowers.
Community Impact:
As a cooperative society, Sai Venkateswara Multipurpose is deeply rooted in community values. By providing accessible mortgage loans, the society contributes to the growth and stability of local communities, fostering a sense of financial inclusion.
Sai Venkateswara Multipurpose Mutual Aided Co-operative Society Ltd stands as a reliable partner for those seeking mortgage loans. With a commitment to tailored solutions, competitive rates, and customer-centric services, the society aims to empower individuals on their journey to homeownership, making the dream of owning a home a tangible and achievable reality.
