Advancing loans for discharge of prior debts on the Mortgage of houses upto a maximum of Rs. 20, 00,000/- Lakhs in Corporation area and Rs. 15, 00,000/- in Municipal areas and Rs. 10,00,000/- other than Corporation and Municipal areas.
Interest calculated on monthly rests.
Terms & Conditions :
- Loan Expenses as fixed by the society will be collected at the time of filing application.
- 7% of the Loan Amount will be deducted as share capital at the time of Disbursement
- 1% Registration Charge to be remitted at the Sub-Registrar Office at the time of registration of Mortgage Deed
- Half Percent of the Loan Amount will be collected as one time Service Charge at the time of Disbursement