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Dear Customer, We have launched Video KYC facility for New customer to open savings ac
Secure Your Future with WUC Bank’s Loan Against Mortgage
When you need access to larger sums of money for personal or business needs, WUC Bank’s Loan Against Mortgage offers a reliable solution. By pledging your property as collateral, you can avail a loan with competitive interest rates, flexible terms, and a hassle-free approval process. Whether it’s for business expansion, educational expenses, medical emergencies, or any other financial requirements, WUC Bank’s Loan Against Mortgage is the perfect way to unlock the value of your property.
Why Choose WUC Bank’s Loan Against Mortgage?:
High Loan Amount: Avail up to 75% of the market value of your property.
Affordable Interest Rates: Competitive rates starting as low as 8% p.a.
Flexible Loan Tenure: Choose a loan tenure ranging from 5 years to 15 years.
Quick and Transparent Process: Fast approvals with minimal documentation and no hidden charges.
Suitable for Multiple Needs: Use the loan for personal expenses, business needs, debt consolidation, or any other purpose.
Loan Against Residential & Commercial Property: Both residential and commercial properties can be used as collateral.
Overdraft facility also available: This enables the customers to avail OD facility as and when need arises as per the exigencies.
Features of WUC Bank Loan Against Mortgage
We help businesses and customers achieve more.
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Loan Amount
Borrow between ₹5 lakhs and ₹2 crores, depending on your property’s market value.
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Flexible Repayment Options
Choose from various EMI plans that align with your financial capabilities.
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Part Payment & Foreclosure Facility
You can prepay or foreclose your loan without hefty penalties.
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No Income Restriction
Salaried individuals, self-employed professionals, and business owners can apply.
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Flexible Loan Tenure
Choose a loan tenure ranging from 5 years to 15 years.
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Affordable Interest Rates
Competitive rates starting as low as 8% p.a
Eligibility Criteria
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1
Ownership of Property:
The property should be in your name or jointly owned.
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2
Age
:Minimum age of 21 years and maximum age of 65 years at the time of loan maturity.
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3
Steady Income Source
A steady source of income to ensure repayment capability (salary slips or business proof may be required).
Required Documents
We ensure a quick and smooth account opening process. Below is the list of documents required based on the type of business entity
For Salaried Individuals
- Bank Account Statement – Last 6 months.
- 2 Passport-size Photographs
- Proof of Identity (Copy of one: Passport, PAN Card, Voter’s ID, Driving License, etc.)
- Address Proof (Copy of one: Ration Card, Driving License, Voter’s ID, Passport, Utility Bill, or Life Insurance Policy.)
- Income Proof (
1.Latest Salary
2.Form 16 Slip
3.T Returns for the last 3 years.)
For Professionals & Businessmen
- Bank Account Statement – Last 6 months.
- 2 Passport-size Photographs.
- Proof of Identity (Copy of one: Passport, PAN Card, Voter’s ID, Driving License, etc.)
- Address Proof (Copy of one: Ration Card, Driving License, Voter’s ID, Passport, Utility Bill, or Life Insurance Policy.)
- Income Proof(
1.IT Returns for the last 3 years
2.Business Proof/Profession Proof for at least 2 years.
Property Documents
- Sale Agreement/Title Deed.
- Encumbrance certificat
- proof of property ownership.
