Mortgage Loan Eligibility
- 24 years of Age.
- Minimum Loan amount 1 Lakh Maximum 30 Lakhs
- Minimum 2 Years Work Experience
Mortgage Loan Documentation
- Pan Card, Aadhar Card & 2 Photgraphs
- 3 months latest salary slips
- 90 days bank statement till date
- Offer Letter if date of joining not mentione in salary slip
- Current Address Proof
How much time does it take to get loan approved
Usually it take 4 to 5 days to get loan approved after documents are submitted
What are interest rate of Mortgage loan ?
Interest rates start form 10.99 to 18 % depending on the company category you are working for also your cibil score matters for interest rate
How can I apply for Mortgage loan?
Just call us or simply fill the enquiry form on the page. We will collect your documents from your place and get your loan approved in quick time.
Mortgage loan Interest Rates
Bank offers Mortgage loans to meet multiple contingencies, with the interest on these loans being extremely competitive. The final interest payable by
an individual is computed on the basis of standard slabs, with MCLR and Base Rate being the most commonly used ones. Changes in these slabs could have an impact
on the rate charged by the bank.
Kotak Bank Marginal Cost of Funds Based Lending Rate (MCLR) (For new borrowers)
All borrowers who avail a personal loan from SC Bank after 01/04/2016 will be charged an interest which is computed on the basis of MCLR. T
his follows a notification by the RBI, with the benchmark taking operating costs and current financial trends into account while computing the interest
How to calculate EMI for Mortgage Loans?
At LoanATM Calculating Mortgage Loan EMI is very easy. It has a unique EMI calculator which enables you to get the accurate amount of your monthly EMI instantly. You can get your EMI amount by filling in the following information:
Chosen loan amount
Processing fee ( if any)
The applicable rate of interest.
When you put this information in the Mortgage Loan EMI Calculator, it will immediately display your monthly EMI liability for the loan.