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Srimayi Nidhi pleased to present Loans against property with attractive interest rates, transparency in dealings, quick disbursement and minimal paper work, it’s our way of taking you a step closer towards fulfilling your dreams come true. The multi-purpose loan put funds at your disposal to use as per your need and this loan is available at a reasonable rate.

Features

  • For your business or personal needs
  • Property can be residential or commercial
  • Fixed rate of interest
  • Flexible loan offerings – EMI based loan
  • Overdraft facility available
  • Security is a first charge by way of an equitable / registered mortgage of the property and/ or such other collateral securities as may be deemed fit by Srimayi Nidhi Limited.


Benefits

  • Attractive rate of interest
  • Quick turn-around time
  • Part payment facility also available.
  • Professional and transparent approach

Eligility

  • An Indian Residents
  • Above 18 years of age at the commencement of the loan
  • Income / cash flows to establish source of repayment.
  • Clear Marketable Title over property.
  • Both for salaries and self-employed

Documentation

  • Application form.
  • Loan agreement.
  • Mortgage Deed.
  • Basic KYC Documents.
  • Copy of property papers to be mortgaged.
  • Income documents & Bank statement.

Terms & Conditions

  • The property must be free from any encumbrances.
  • The property must be mortgagble.
  • The loan amount is subject to the valuation of the property.
  • All property papers in original has to be with the customer at the time of loan proposal and needs to be submitted to us before disbursement.
  • The loan funding depends upon validity of title documents of the said property and its current market value.
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