Property Power

Please click here to know more about documents required for Resident Salaried, Resident Self employed, Non-Resident Salaried and Non-Resident Self employed borrowers.

Repayment period for Property Power is maximum 15 years. Repayment of the loan can be made using any one of the ways:

• Cheques
• Automated loan recovery
• Standing instructions at your branch
• FedNet - Internet Banking
• Automated Payment through ECS

Security

• Mortgage of immovable property
• Property in the name of close relatives also will be accepted
• For granting Property Power to PIOs, the property shall be in their own names.

Insurance

• Insurance options for Property Power Loan at attractive Premiums
• Amount for insurance can be included as a part of our loan component subject to satisfactory repayment capacity & availability of required security margin as per norms.

Interest Rates & Service Charges applicable

• Please visit the Rates & Charges page for details.

Other Conditions

• Bank reserves the right to reject any application without assigning reasons thereof

• The applicant will undertake to inform the Bank as and when there is a change in address or employment
• The terms and conditions mentioned above and elsewhere under the scheme are subject to modification from time to time solely at Bank's discretion.