Invest your fixed assets for further investment.
Apex Bank offers Mortgage Loan on your residential property.
Enjoy the convenience of making advance payments without any additional charges.
No pre-closure or take over or part payment charges.
Fixed rate of Interest.
| Criteria | Policy |
|---|---|
| Purpose | Loans for business, education, medical treatment, trade, construction activity – repairs to immovable property, marriage, personal reasons, etc. |
| Age of Property | Not more than 25 years old for Flat/Apartment.
Not more than 35 years old for independent house. |
| Loan Limit | Upto Rs. 30.00 lakh |
| Repayment period | Upto 120 months |
| Area of Operation | All the areas coming under HMDA limits and Nagara Panchayats. |
| Documents required | 1. 3 months’ Pay slips/3 years IT returns (in case of self-employed)
2. 6 months Bank statement 3. Copies of sale deed and link documents for 13 years 4. Agreement of sale 5. Encumbrance Certificate for 13 years 6. Necessary permissions from competent authorities 7. KYC documents etc. 8. Any other documents which may be considered necessary as per requirement of the case. |