Welcome to our Mogaveera Bank

About Mortgage Loan

Purpose

Business requirements/personal expenses like Education/Marriage/Medical or for any other personal purposes.

Loan Amount

Minimum C 2.00 Lacs.

Maximum Loan

3 times of last annual gross income or maximum up to 70% of the market value of securities.

Rate of Interest

3% to 14.50% p.a. (Based on Margin & Amount)

Tenure

Upto 120 months.

Processing fees

1% + GST.

Prepayment Penalty

2% on the outstanding loan amount if the loan account is closed before due date or taken over by other Bank/Financial Institutions.