401-4th Floor,K.C.Complex,
Opp. Daulat Bagh, Ajmer (Raj)

1800-180-6014
1800-123-2090

Mon - Sat 10.00 - 18.00
Sunday CLOSED

Overview

What exactly is Mortgage loan?

A mortgage loan, or just mortgage, is used either by purchasers of real property to raise funds to purchase real estate; or preferably by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property via a process known as mortgage origination. This means that a legal mechanism is put in place which allows the lender to take possession and sell the secured property.

Merits/Pros

Improves Credit Rating

Achieves Home Ownership

Access to Cash Flow

Building Equity

Sign of Stability

Documents Required

Proof of individual’s identity (We also require same KYC of co-applicant)

ID Proof, (if any)

  • PANcard compulsion
  • Aadhar Card
  • Voter ID
  • Driving License

Residential Proof (any of two)

  • Ration Card
  • Electricity Bill (latest)
  • Water Bill (latest)
  • Landline Bill (last three months)

(Relationship proof to be taken, in case of no separate residential proof available).

Income Documents

  • Latest 1 month salary slip
  • Last 1 year form-16
  • 4 months salary slips in case of variable salary

Banking Documents

  • Last 6 months banking showing salary credit.
  • Banking of other accounts from where EMI of loan are being repaid.

Compulsory Documents

  • Office addresses proof to be taken as per policy.
  • 2 Passport size photographs.

Note- Above mentioned terms & conditions may change from time to time as per company’s policy without notice.