Home > Mortgage Loan
Your immovable assets, like land & building, can provide you desired liquidity in times of need. BoB Mortgage Loans come with low interest rates and are disbursed in quick time.
Eligibility
Quantum
Interest Rate
Tenure
Required Documents
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Copy of CID of both the applicant and the guarantor
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One recent passport size photograph of the applicant and the guarantor if any
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Ownership certificates of collateral security offered to bank
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Property valuation/assessment certificates for collateral securities only for buildings (land value not considered)
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Copy of valid Insurance Policy for building offered as collateral
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Copy of business license in case the loan is to be serviced from business earnings
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Stamped and witnessed Letter of Consent for extension of charges duly signed by the property owner
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Proof of income to service the loan – verified rental income, BIT, etc.
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Declaration form must be signed and attached along with the application form