Are you in need of funds for personal use, whether it’s for a home renovation, a dream vacation, education expenses, or any other personal goal? Uttar Bihar Gramin Bank is here to assist you with our Mortgage Loan (Personal). Let’s dive into the details:
Loan Purpose
Our Mortgage Loan (Personal) is designed exclusively for personal use. Whether you have personal expenses to cover or aspirations to fulfill, we’ve got you covered.
Eligibility
To be eligible for this loan, you should be between 21 years and a maximum of 75 years. We believe in providing financial support to individuals at various stages of life.
Loan Amount
With Uttar Bihar Gramin Bank, you can access financing ranging from Rs. 1.00 Lakh to an impressive Rs. 200 Lakh. The amount you can borrow depends on your income and the location of your property, whether it’s in a rural, semi-urban, or urban area.
Nature of Facility
We offer a Term Loan for your personal financial needs.
Repayment Terms
We offer a maximum repayment period of 120 months, allowing you ample time to manage your finances and repay the loan at your own pace.
Security
To secure your Mortgage Loan (Personal), we require the mortgage of your property.
Prepayment
Should you wish to prepay your loan, Uttar Bihar Gramin Bank does not charge any prepayment penalties. This gives you the flexibility to manage your finances as you see fit.
Interest Rate Details
- Mortgage (Personal) (Term Loan): 11.00% – 12.00% (Based on Credit Risk Premium)
- Mortgage (Personal) (Overdraft): 12.00%
With Uttar Bihar Gramin Bank’s Mortgage Loan (Personal), you not only gain access to vital financial support but also a partner committed to helping you achieve your personal goals. Our casual and customer-friendly approach ensures that you can discuss your unique requirements with us, and we’ll tailor a solution that best fits your needs.
Don’t let financial constraints hold you back from achieving your personal aspirations. Reach out to Uttar Bihar Gramin Bank today and unlock the financial flexibility you need to make your dreams a reality.