Mortgage Loan

Loan Against Property / Mortgage Loan:

 

In human life cycle there is always requirement of financial assistance to fulfill his/her various financial needs. It may be for Business Expansion, or for a special family function or planning for children higher education overseas or for further investments. Here our IJF India will provide one point financial solution for all your needs with Loan against property / Mortgage Loan scheme. Our multipurpose loan comes with an attractive interest rate, easy repayment, expand your horizons of growth with IJF India Mortgage Loan scheme.

Features:

  • Minimum Loan amount is Rs 1,00,000/- and Maximum Loan amount is based on eligibility criteria.
  • Avail Loan upto 50-70% of market value of property with differential interest rate for different period of schemes.
  • Rate of interest on loan against Property would be 14% to 20%.Repayment period of such loan shall not exceed 7 years, if you want to exceed period of loan then you can adopt renewal base scheme.
  • Balance transfer facility with additional loan amount is available, simple and easy documentation.
  • Can be availed as Overdraft or Term Loan with easy EMI payments Option. Property will be mortgaged favoring IJF India Nidhi Ltd. and stamp duty should be paid as per particular State Stamp Rules.

Nominal Pre-Closure charges

  • Loan can be sanctioned without ITRs and CIBIL / Income proof under Income Assessment Program.
  • LRD facility also available on rental income from commercial property.
  • For EMI mode of payment, there would be bounce charges of Rs 500/- will be levied. And further 3% of EMI amount per month for delayed months will be levied.
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