Federal Bank Mortgage Loan - http://www.loansandcredits.in/apply-federal-bank-mortgage-loan/
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Apply Federal Bank Mortgage Loan

Apply Federal Bank Mortgage Loan :- To see how a mortgage loan advance functions, envision obtaining a cash-flow to support a startup or pay for a current business’ development without swearing anything against the acquired sum.[/vc_column_text][/vc_column][/vc_row][vc_row 0=""][vc_column width="1/2"][contact-form-7 id="3155"][/vc_column][vc_column width="1/2"][vc_column_text]

 

Federal Bank Mortgage Loan

Are you an Entrepreneur looking for business growth? Lack for finance should not block off your path.
We offer Loan Against Property for your business needs.

Features & Benefits

• Quick loan approval


• Longer repayment period up to 120 months


• Flexible repayment options


• No stipulation of financial parameters


• Low processing fee of 0.50%


• Equitable mortgage of immovable property with 25% margin will be required as security

Period

• Running Overdraft / Demand Loan: 30 Months


• For Term loan: 120 Months


• Non Funded Limits : 30 Months

Documents Required

• Proof of Identity (Passport / Voters ID card/ Driving License/PAN Card)


• Address Proof (Ration card Tel/ Electricity Bill/ Lease agreement/ Passport/Trade license /Sales Tax certificate)


• Bank Statement (latest 6 months bank)


• Proof of continuation (ITR/ Trade license /Establishment /Sales Tax certificate)


• Income Tax/Sales tax returns of proprietor/partners/firms/companies, wherever applicable.


• Audited/Unaudited financial statements as applicable for the past two years, in case of existing units.


• Projected financial statements


• Copy of license/NOC from local body or license from the competent authority for running the business.


• Other documents may be requested as per individual requirements.

Repayment options

Repayment of the loan is made as EMI /Graded or Equal Monthly Instalments with interest repayment as and when applied.

You can use any one of the ways to repay the loan:

• Cheques


• Standing instructions at your branch


• FedNet - Internet Banking


• ECS


• Mobile Banking

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Loan EMI Calculator

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