Mortgage Loans – The Maharaja Co-operative Urban Bank Ltd.

The Maharaja Co-operative Urban Bank Ltd. offers Mortgage Loans (Loan Against Property) to help customers meet personal, business, education, medical, or other financial needs by using their residential or commercial property as collateral. Under this facility, customers can continue to own and use their property while repaying the loan through convenient monthly instalments over a flexible tenure. The loan amount is determined based on the market value of the property, repayment capacity, and bank policies. Interest rates, processing charges, and all applicable terms are clearly disclosed to ensure transparency in accordance with the guidelines issued by the Reserve Bank of India. Applicants must submit valid identity, income, and property documents for verification. The property remains mortgaged with the bank until the loan is fully repaid, and timely repayment of instalments is required to avoid penalties or recovery proceedings as per applicable banking regulations. Customers are advised to carefully review all loan terms before availing the facility.