Banner Mansa Central Cooperative Bank

IFSC Code: UTIB0SMSA01 | Latest Scheme: |





Beneficiary
Owners of the Property who have let out or proposed to be let out the same to reputed company.

Purpose
For meeting business/personal needs.

Loan Limit
Maximum to the extent of 75% of post TDS Rent Receivable for a period. Not exceeding 120 months or un expired period of lease.

Rate of Interest
13%

Repayment Period
Maximum 10 years or unexpired period of lease whichever is earlier.

Collateral Security
Mortgage of landed property value of 150% of the loan amount or other chargeable securities such as NSCs, KVPs, banks own deposit to the extent of 100% of loan amount.