KVB - Mortgage Loan caters to the fast-growing Personal and business financial needs. The loan can be availed both as Term Loan (EMI) and as an Overdraft Facility. The process is entirely paperless. In principle, approval can be provided in 15 minutes subject to the satisfaction of CIBIL and rating scores.
- Only resident individuals are eligible for this loan.
- The loan shall be granted for general purposes like Personal, Consumption, Education, Health, Business, etc., other than speculative purposes.
- The property should be owned by individuals only and if owned jointly, Title holders to join as Co-applicants.
- Process is paperless, quick and convenient.
- In principle sanction provided in 15 minutes subject to the satisfaction of CIBIL and rating scores.
|Loan Amount||Rs. 10 Lakhs to Rs. 300 lakhs|
|Maximum Repayment Tenor||100 Months – EMI (Term Loans)|
|Primary Security||Equitable mortgage (Fresh Charge) by deposit of title deeds.|
|Guarantee||A suitable Guarantor with sufficient net worth, acceptable to the Bank.|
|Processing Charges||0.50% of loan amount.|
|Fore Closure Charges||2% on the amount prepaid.|
|Other Terms & Conditions|| |