¨
This facility allowed to Borrower, who are already enjoying loan against equitable mortgage of Property minimum since last 1 years (Housing Loan, Mortgage loan etc.) and had made regular Re-payment of EMI.
¨ Loan amount will be decided on repayment of Loan.
¨ On the basis of Latest Valuation report from our approved valuer will be required. Realizable Value will be considered for deciding Loan amount.
¨ Interest rate :- Existing term loan interest rate plus 0.50% or 8.00% (floating) whichever is higher will be applicable.
¨ Margin will be 10.00 % to 20.00 %
¨ Repayment period will be allowed maximum for 10 Years.
