Make your idle property work for you
If you have free hold, un-encumbered, non-agricultural property, residential or commercial- you can fulfill all your needs with Dena Mortgage Loan. Be it to finance a marriage, higher education, a foreign trip or medical treatment.
You are eligible if:
You are 21 years of age.
· You are a salaried individual, professional, self-employed, agriculturist.
· You are an income tax assessee for at least 2 years.
· Your net monthly income is at least Rs. 12,000/-. Income of spouse (co-applicant) can be clubbed for enhanced eligibility.
Loan Amount:
· Minimum- Rs. 2 lakhs
· Upto- Rs. 100 lakhs
Margin:
50%
Rate of Interest:
Please Check out the Interest Rates Section to find latest Interest Rates applicable.
INTEREST CHARGED ON DAILY REDUCING BALANCE
Security:
Equitable mortgage of the property.
Process Fees:
1% of the sanctioned limit
Repayment:
Up to 120 EMIs.
The loan information is gathered from the bank's web site.
Photo Courtesy: Dena Bank.
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