Personal & Consumption Loans (Mortgage Loans)


When in need, let your assets take the hit. Mortgage your valued property with Purvanchal Cooperative Bank Limited and meet your funding requirements whether personal or professional in the simplest way possible. Unshackle your best funding options with us as we provide you with speedy approvals and a transparent procedure with no hidden charges.

Eligibility

  • Share Capital for regular members
  • Share Capital for regular members
  • Individual in single name or jointly/ H.U.F.

Tenure

  • Maximum period of 20 years.

Loan to value

  • Maximum 65% distress sale value of the property

Documents Required

  • KYC documentation
  • Income proof and balance sheet of the borrower for the last 3 years.
  • Original ownership documents of the property.
  • Non-encumbrance & Title Report
  • Valuation Report
  • The area should be approved from the competent Authority.
  • Declaration for end use of fund
  • Copy property insurance with banker’s clause
  • 3rd party guarantor

*All loans are applicable to actual bank charges which include valuation, legal and all actual bank charges To know more visit your nearest branch.