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  ABHYUDAYA CO-OPERATIVE BANK LTD.
  MULTI STATE SCHEDULED BANK
   

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Tuesday, 22-Aug-2017  09:05:08 AM
 
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Mortgage Loan(Loan against property)
 
 
PURPOSE For Business Purpose.
MAX. AMOUNT
Rs. 100.00 Lakh:- To Business Enterprises/ Firm/ Company/ Self- Employed Persons and Professionals for use in business.
PREREQUISITES The Immovable property (Flat, House, Gala, Office, Factory premises etc.) should be in the name of the Applicant or Co-Applicant.

The Owner of the Properties would be accepted as Co-applicant if he/she is non-earning member. In which case, applicant will mainly be Spouse or Son or Daughter or Father or Mother of the Co-Applicant.
ELIGIBILITY Loan amount would be derived at after ascertaining the repayment capacity based on net profit of the year,projected income, Debt Service Coverage ratio (DSCR) etc
 
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