::: The Chennai Metropolitan Co-Operative Housing Society Ltd :::

House Mortgage Loan

We offer our customers ther best services & solutions, this is our main services list.

Advancing loans for discharge of prior debts on the Mortgage of houses upto a maximum of Rs. 15, 00,000/- Lakhs in Corporation area and Rs. 10, 00,000/- in Municipal areas and Rs. 7,00,000/- 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

Benefits :

  • Stamp Duty exemption for executing mortgage deed.
  • No hidden service charges
  • Excess payment options to be credited to loan principal amount for the month

Documents required to get Mortgage Loan

  • Applicant photo
  • Photo of the House
  • Family Photo
  • Ration Card Xerox
  • Age Proof
  • Income Certificate
  • Electricity Card Xerox
  • Bank Pass Book Xerox
  • Rent Receipt
  • Corporation Tax
  • Patta
  • Sale Deed
  • Parent Document
  • Encumbrance Certificate
  • Building Plan with Key-plan
  • Building Valuation Certificate
  • chennaimetrocoophousing@gmail.com,
    cmchsjay@yahoo.com
  • 044- 2644 2645, 2644 2222, 2644 3333, 2644 7777, 2532 1795, 2532 5494, 2532 3366, 2642 0540
  • 044- 2642 1190
  • No: 50, Ritherden Road, Vepery, Chennai- 600 007.
Recent Post
  • Metro Grand City Site launch by CMCHS, 05/29/17

    The Chennai Metropolitan Co-Operative Housing Society presends Metro Grand City @ Kundrathur new site launch at May,17

  • Stamp Duty Excemptions by CMCHS, 05/18/17

    7% of Purchase Value is borne by the Govt. of Tamilnadu By Stamp Duty Exemption

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