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

Apply IDBI 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]

 

IDBI Bank Mortgage Loan

IDBI Bank brings to you Loan Against Property facility to enable you to unlock the power of your property. You can mortgage your residential or commercial property to get a loan & meet all your financial requirements.

Features 

Loan Purpose:-
• Business Expansion
• Education/Marriage expenses
• Purchase of house
• Improvement/Extension of existing Property
• Medical Treatment
• Any other personal Need.

 Loan Amount: 
Up to Rs.10 Cr. Loan above Rs.10 Cr can be provided depending upon the merit of the proposal.

 Loan Tenure: 
Up to 15 Years.

 Processing Fees: 
Please refer to Schedule Of Charges of Retail Assets.

 Maximum Funding*: 

If the applicant is not existing Home Loan /Loan Against Property  customer Nature of the property LTV Residential 70% Non -residential 60% If the applicant is an existing Home Loan /Loan Against Property customer Nature of the property LTV Residential 75% Non -residential 65%

Documentation:

Salaried Customers

Application form with photograph

Identity and Residence Proof

Latest Salary-slip for last 3 months

Form 16/ITR

Last 6 months bank statement

Property Related Documents

Self Employed Professionals

Application form with photograph

Identity and Residence Proof

Education Qualification Certificates and Proof of business existence

Last 3 years Income Tax returns

Application form with photograph

Last 3 years Profit /Loss and Balance Sheet

Self Employed Non Professionals

Application form with photograph

Identity and Residence Proof

Proof of business existence

Business profile

Last 3 years Income Tax returns

Last 3 years Profit /Loss and   Balance sheet statement.

 

All Title related Documents along with approved sanction/building plan.

Security
Primary: First Charge on the mortgaged property by way of equitable mortgage against which IDBI Bank has advanced the loan.

Collateral: Liquid Collaterals as required by The Bank selectively in the form of Pledge/Hypothecation and Assignment depending upon individual cases.

Other Charges: Following are the schedule of charges and Terms & Conditions applicable on Home Loans and Loans against property. Click here to download the schedule of charges.

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Loan EMI Calculator

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