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Mortgage Provides High Value Loan Amount

The main pointer of mortgage is for the lower interest rate as compared to other loans as the bank holds your property as a security. As in mortgage loan the borrower offers his /her property as collateral to the bank for the loan. Read more at https://www.bajajfinserv.in/what-is-mortgage-loan

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Mortgage Provides High Value Loan Amount

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  1. MORTGAGE

  2. A mortgage is a loan taken out to buy property or land. The loan is 'secured' against the value of your home until it's paid off. If you can't keep up your repayments the lender can repossess (take back) your home and sell it so they get their money back. All To Know About Mortgage

  3. Mortgage are of 3 types: • Home loans • Commercial property loans • Loans against properties Types of Mortgage

  4. Features of Mortgage High-Value Loans - A salaried individual can avail up to Rs. 1 crore, while a self-employed individual can avail up to Rs. 3.5 crore. Longer Repayment Tenors - The repayment tenure ranges from 2 to 20 years for salaried customers and 2 to 18 years for self-employed customers. Competitive Interest Rates - Mortgage loan interest rates are lower than the interest rates of unsecured loans. Minimal Documents - You only have to provide few basic documents to avail a mortgage loan.

  5. Mortgage interest rate indicates the annual cost to borrow money from your lender. The calculation is considered as a percentage of your total loan balance and is paid on installment, along with your principal payment, until your loan is paid off. Mortgage rates depend on various factors, including availability of money in the market (liquidity), inflation and monetary policies. Mortgage Loan Interest Rate

  6. Get Competitive Interest Rates with Mortgage Loan

  7. Recommend Mortgage to avail the benefits Now!

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