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How to Get a Mortgage Loan in India

One solution for Mortgage loan, Property loan & loan against home with HDFC. Get loan on property and avail benefits of lower mortgage loan interest rates <br>

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How to Get a Mortgage Loan in India

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  1. Mortgage Loan

  2. How to Get a Mortgage Loan in India

  3. A mortgage loan referred to as mortgage is a type of loan which Is used by property owners against their property for variety of purposes like buying a new property or to raise funds for any other purpose. • In simple terms it means that the bank takes the ownership or possession of your property and gives you money in return for that property. • The value of that property is calculated on the banking standards or according to the current market price of the property which ever deemed fit.

  4. Proof of identity which may include your Passport, Driving License, Adhaar Card, Pan Card or any other document that backs up the claim of your identity. • Proof of address which may include Utility Bills, Electricity Bills, Water Bills, Rental Agreement or any other utility bill that verifies your claim of your address. • Proof of Your Regular Income like Bank Statement, Payment Receipts, Balance Sheet or almost anything that verifies your claim of getting a regular income.

  5. Proof of identity which may include your Passport, Driving License, Adhaar Card, Pan Card or any other document that backs up the claim of your identity. • Proof of address which may include Utility Bills, Electricity Bills, Water Bills, Rental Agreement or any other utility bill that verifies your claim of your address. • As mortgage loan is different from the personal or any other type of loans so they have these special requirements to verify each and everything so that there is no discrepancy whatsoever. • [Source: http://www.mandmbangalore.com/blog/how-to-get-a-mortgage-loan-in-india/]

  6. Click to know more on Mortgage Loan : https://www.hdfc.com/non-housing-loans/loan-against-property-salaried Thank You…

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