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Home Loan

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For the Home of Your Dreams

Making Your Dream Home a Reality is Now Possible. To make your hard work worthwhile and build your own home, you need the necessary financial assistance. Urmodi Sahkari Patsanstha Maryadit is here to support you. Offering home loans at low interest rates, we are by your side to help you achieve your dream of owning a home.
For more information about various home loan schemes and to fulfill your dream of owning a home, visit the nearest branch of Urmodi Sahkari Patsanstha Maryadit.

Features

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Home mortgage loan

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Low interest rates

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Flexible repayment plan

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Long term repayment

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Higher loan amount

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Security of Salvation

Who can apply?

  • Gold jewelry is accepted as collateral for any account holder.
  • The age of the borrower must be at least 18 years and a maximum of 70 years.
  • The borrower must be a salaried employee, a trader, a farmer, or a self-employed professional.
  • The gold pledged as collateral must be 18 to 22 carats pure.

Documents required for taking out a loan

Property Ownership Certificate

Property Ownership Certificate

Proof of Property Ownership or 7/12 Extract

KYC Documents

KYC Documents

Any one of the following: Aadhaar Card, PAN Card, Driving License, Voter ID Card.

Bank Account Statement

Bank Account Statement

Bank Account Statement for the last 6 months.

Home Loan Repayment Certificate (if applicable)

Home Loan Repayment Certificate (if applicable)

Status of repayment of any previous home loan.

Proof of Residence

Proof of Residence

Gas bills, electricity bills, or rental agreement.

Certificate of Current Market Value of the Property

Certificate of Current Market Value of the Property

Property Valuation Document.

Frequently Asked Questions

A home loan against property is a loan taken by pledging the ownership of your house. In this loan, the property is used as collateral.

You can receive a loan based on the market value of your property. Generally, a loan of up to 70% to 80% of the property's value can be obtained.

You can receive a loan based on the market value of your property. Generally, a loan of up to 70% to 80% of the property's value can be obtained.

After completing all the necessary documents and the evaluation process, the loan amount is made available within 7 to 10 working days.

Yes, you can continue to live in or use the house pledged as collateral.

The interest rates for a home loan against property depend on the value of the collateral, and they are generally kept relatively low.