loan Against property upto 80% value of property / Loan against property rate 810.50% Utkarsh Small Finance Bank Loan Against Property Specifications
The Utkarsh Small Finance Bank Loan Against Property is intended for borrowers who wish to obtain financial assistance by mortgaging their property to the bank in order to satisfy immediate financial demands other than those related to the capital markets, trading, or speculation.
To consolidate debts with high interest rates, this loan can also be used. Loan Amount Specifications of Utkarsh Small Finance Bank’s Property Loan
Why people choose Utkarsh small finance bank ?
The Utkarsh Small Finance Bank Loan Against Property is designed for borrowers who wish to receive financial help by mortgaging their property to the bank in order to meet their immediate financial needs other than for speculative, trading, or capital market purposes
This loan could also be used to consolidate debts with high interest rates.
The bank’s maximum lending amount under this credit program is Rs. 10 crore.
No Any competitor in the market same like the Utkarsh small bank
Repayment, That case offer any type of property lowest interest rate 10.50% that is the lowest in tha market, and Maximum funding up to. 80% of the property vale
Bank offer reliable tenure 5 year to 15 years, this debt must be repaid Interest , After 6 months can close the loan but bank closer charger will be charge As per terms and conditions.
The interest rate that applies to this loan as of May 2023 is not disclosed on the bank’s website. To find out more information, we advise contacting a bank representative
The applicants must reside in India and be older than 18 Security Required
The bank requests the initial levy of an equitable/registered property mortgage processing fee.
For processing this loan, the bank may charge up to 1.25 % of the total amount borrowed.
D Individuals (Salaried and Self-Employed) Documents Required:-
Two copies of each applicant’s and co-applicant’s passport-size photographs, duly completed and signed Loan Application Form
Personal I.D. evidence PAN Card, Passport, Driver’s License, or Aadhar Card. You must have a PAN Card or PAN Card Issuing Letter.
PAN Card, Banker’s Verification, Driver’s License, or Passport as Signature Proof. Proof of Residential Address (Any One): Electricity Bill, Post-paid Phone Bill, Valid Rent Agreement, Aadhar Card,
Income Documents :-
Proof of Income and Bank Account for Salaried Professionals Last three months’ worth of pay stubs, Form 16, or tax returns
Income/Banking Proof for Self-Employed Professionals and Non-Professionals: Income computation for the last two years, balance sheet, profit and loss account, registration certificate, GST return, income tax challen / form 26AS / TDS certificate, IT Assessment, etc.