Mortgage loan is a secured loan, salaried, self employed individual or company can avail against a property as security.
Mortgage Loan Interest rates @ 9.50 % - 16 % (Floating interest)
Repayment tenure ranges from 1 Year - 15 Years
Processing fees are subject to respective bank's policy.
An individual borrowing Rs. 15 lacs for 15 years @9.50% p.a will have an EMI of Rs. 15663 per month.