Loan-limit Against Property

Loan/limit Against Property

Beneficiery Any indiviuals, borrower should not exceed 60 year at time of applying of loan.
Purpose socio economic and business needs. 
Loan Limit Maxi. Amount upto Rs.25 lac /3 times of net annual income or 50% of govt. value of property, whichever is less.
Rate of interest 16.00%
Margin no margin required
Repayment Loan Maxi. 6yrs, Limit- Renewed Annually
Collateral security 200% of loan amt
Area of operation Loan shall be advanced in the area operation of Distt. Kapurthala (Urban Area)