Property Loan

  • Property Loan upto Rs.70 lacs is available for construction/purchase of old/ New flat, Bungalow,Row house and also for carryout addition/alteration in the existing residential house

Applicant details :

  • 5 Photographs of Applicant
  • Applicant Must be Member of Regular Member/Nominal Member
  • Photo Proof Driving License/Election Card/Passport/Aadhaar Card
  • Copy of PAN Card
  • Address Proof Electric Bill/Telephone Bill (Last 3 Months Old)
  • Applicant I.T.Return (Last 3 Years)/Salary Slip of Last 6 Months/Form-16.
  • Share Certificate (Original)
  • Revenue Record of 7/12 utara
  • Gam no Namno 6 Hakpatrak
  • Authorised Plan of Building /Society.
  • Copy of receipt of advanced payment-made/copy of agreement to sale
  • Copy of Title clearance certificate given by the advocate/solicitor.
  • Applicant has to show all original documents to the bank for verification with zerox copy.Original documents will be returned to applicant after verification.

Guarantor Details

  • Photograph-3 copies
  • Guarantor must be Member of Regular Member/Nominal Member
  • Photo Proof ??Driving License/Election Card/Passport/Aadhaar Card
  • Address proof ??electric bill /telephone bill (any one)
  • Copy of PAN Card
  • Latest Tax bill /Certificate from society chairman/Secretary if applicant owned Property.


  • Original documents of property to be submitted to the bank. Registered mortgage of property to be done in favour of bank.Bank charge will be noted in society?? book.
  • Valuation of the property will be required for old property. Bank will give loan of 50% of valuation amount.(for old property)
  • Applicant will have to take insurance of the building in favour of bank.
  • Applicant has to submit original share certificate of the Society/Association, Municipal Tax bill, Tax receipt, sales deed etc, for registered mortgage of the property.
  • Housing Loan repayment in maximum 60/72/84/96/120 months with EMI.
  • Interest will be debited on monthly basis.
  • Title clearance and valuation report will be done by approved lawyer and valuer of the bank. Applicant has to pay their fees.
  • Applicant has to take share @ 2.5% to 5.0% of the limit.
  • Processing charges applicable as per bank rules.
  • Applicant can open Savings Account in our Bank.
  • Stamp charges applicable as per Govt.of Gujarat Stamp Dept.