Toll Free Number :1800 258 7750 (Available during banking hours - 10:00am to 06:00pm)

Reg. No: SA 2914 Dated : 27 Jan. 1995
License No: UBD Guj-1153 P Dated : 01 July 1995

Mortgage Loans

Eligibility of borrower * Having current / savings account holder of the Bank.
* Having good reputation and Credit worthiness.
Purpose of Loan * Business development.
* Acquiring of factory building, office premises etc…
Quantum of finance Up to 80% of value of mortgage property. 
Share Linkage Borrower must have Bank share Linkage @ 1% of the  sanctioned loan  amount.
Repayment period  Maximum 60 months.
Rate of Interest 12.50%
Security  Prime:
* Simple mortgage of title cleared property to be purchase of the  borrower   himself.
Collateral:
* Third party guarantee of two personal guarantors having good Credit worthiness and  financially sound and member of the   bank.