Mortgage Loan (Secured)
Leverage your property to secure high-value funding at competitive rates.
A Mortgage Loan allows you to pledge your residential or commercial property to obtain a high-value loan with low interest. Perfect for business expansion, home renovation, or large personal requirements, this secured loan offers long-term financial support with flexible terms.
- Attractive & low-interest rates
- High loan amount approval
- Long tenure options
- Use property without losing ownership
- Ideal for business & personal needs
Citizenship / Residency
Applicant must be an Indian resident
NRIs may be eligible as per RBI norms and bank policy
Age
Minimum: 21–25 years
Maximum: 60–70 years at loan maturity (varies by bank)
Employment / Business Type
Salaried individuals (government, PSU, private sector)
Self-employed professionals / business owners
Income
Stable and sufficient income to service EMIs
Minimum income as per bank norms
Work / Business Experience
Salaried: Minimum 2–3 years total work experience
Self-employed: Minimum 3–5 years business continuity
Credit Score (CIBIL)
Generally 700 or above preferred
Clean credit history with no major defaults
Property Ownership
Applicant must be legal owner or co-owner of the property
Property should have a clear and marketable title
Property Type Eligibility
Residential or commercial property (as per bank policy)
Property must be approved by local authorities
Loan-to-Value (LTV) Ratio
Typically 50–70% of property’s market value
As per RBI and bank norms
Purpose of Loan
Business expansion, personal needs, education, medical, etc.
Speculative activities generally not permitted
Existing Liabilities
Other EMIs and debts considered during eligibility assessment
Co-applicant (if applicable)
Spouse or immediate family member allowed
Co-applicant income can enhance eligibility
Duly filled Mortgage Loan / LAP Application Form
KYC Documents (Mandatory)
PAN Card (mandatory)
Aadhaar Card / Passport / Voter ID / Driving Licence
Recent passport-size photographs
Age Proof
Aadhaar Card / PAN Card / Passport / Birth Certificate
Address Proof (Residential)
Aadhaar Card
Passport
Utility bills (electricity / water – recent)
Rent agreement (if applicable)
Income Proof
For Salaried Individuals:Last 3–6 months salary slips
Last 6 months bank statements
Form 16 or latest Income Tax Return (ITR)
For Self-Employed Individuals:
Last 2–3 years ITR with computation
Profit & Loss Account and Balance Sheet
Audit report (if applicable)
Employment / Business Proof
Employment ID / appointment letter (salaried)
Business registration / GST certificate (self-employed)
Property Documents (Collateral)
Title Deed / Sale Deed
Chain of Title documents (previous ownership records)
Approved Building Plan
Occupancy / Completion Certificate
Property tax receipts
NOC from housing society / local authority (if applicable)
Property Valuation & Legal Documents
Valuation report by approved valuer
Encumbrance Certificate
Legal opinion report (bank-appointed advocate)
Existing Loan Details (if any)
Loan sanction letters and repayment statements
Additional Documents (if applicable)
Co-applicant KYC and income documents
Power of Attorney (for NRIs)
Comparison of Mortgage Loan Rates and Fees
| Bank | Loan Amount | Business Loan Interest Rates* | Lowest EMI per lakh for Max Tenurer | Processing Fee on the Loan Amount |
|---|---|---|---|---|
|
SBI Bank |
Rs.1Billion Max |
11.20%– 16.30% |
Rs.2,594 for 48 months |
2% to 3% |
|
HDFC Bank |
Rs.50 Lakhs Max |
15.50%– 18.30% |
Rs.2,808 for 48 months |
0.99% onwards. Max 2.50% |
|
ICICI Bank |
Rs.40 Lakhs Max |
12.90%– 16.65% |
Rs.2,270 for 60 months |
0.99% onwards. Up to 2% |
|
Axis Bank |
Rs.50 Lakhs Max |
15.50%to 24% |
Rs.2,405 for 60 months |
Up to 2% |
|
RBL Bank |
Rs.10 Lakhs Max |
20.00%– onwords |
Rs.2,649 for 60 months |
3% |
|
Kotak Bank |
Rs.75 Lakhs Max |
16.00%– 19.99% |
Rs.2,432 for 60 months |
Up to 2% |
|
Lendingkart |
Rs.1 Crore Max |
18.00%– onwords |
Rs.9,168 for 12 months |
2% |
|
Bajaj Finserv |
Rs.30 Lakhs Max |
Interestrate 18% onwards |
Rs.2,938 for 48 months |
Up to 2% |
|
Deutsche Bank |
Rs.50 Lakhs Max |
24.00% |
Rs.3,923 for 36 months |
Up to 3% |
|
Edelweiss |
Rs.30 Lakhs Max |
18.25%onwards |
Rs.2,553 for 60 months |
2% onwards |
|
Fullerton India |
Rs.50 Lakhs Max |
16.00%onwards |
Rs.2,834 for 48 months |
2% |
|
Tata Capital |
Rs.50 lakhs Max |
18.00%onwards |
Rs.2,938 for 48 months |
1.50%to 2.50% |
|
Ziploan |
Rs.5 Lakhs Max |
Interestrate 1-1.5% per month(Flat). |
|
3% |
- Tie-ups with leading financial institutions
- Hassle-free documentation
- Transparent processing
- Customized loan solutions
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