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SPB Mortgage Loans

Purpose    Purchase of Shop, Factory Shed, Office (Business Premises)    

Eligibility    Individuals, Partnership firms & Pvt Ltd Co.    

Features

  • Loan tenure upto 84 months    
  • Nominal Processing Charge    
  • No Hidden Charges    
  • No Pre-payment/fore-closure charges     
  • Easy Process    
  • Interest is charged on reducing balance on daily basis    
  • Finance available upto 70% of the property Value    
  • 2 Guarantors, if required   

 

Documents Required (Illustrative Only)
Salaried Proprietorship firm Partnership Firm Pvt. Ltd Co.
PAN, Election Card, Driving License    PAN of Firm and all Partners PAN of the Co. & all Directors
Resi Proof: Property Tax bill, Light Bill, Telephone Bill, Gas Bill Resi Proof of all partners Resi Proof of all Directors
Form 16, Last 3 Years ITR  (Computation of Income, P&L, Balance Sheet) for last 3 Years ITR  (Computation of Income, P&L, Balance Sheet) for last 3 Years of Firm and Partners ITR  for last 3 years of Co. & All Directors
Salary Slip of last 6 Months Proof of Business Existence, Business address proof
Last 6 Months Bank Statements Last 6 Months Bank Statements (self & Business)
 Sanction Letter & Loan Statements of Existing Loans (If any)
Any other document/certificates as required by Bank

Security : Property        
            
Charges & Fees :   Charges of Title and Valuation are to be borne by applicant.  


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