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  #1  
August 4th, 2016, 12:24 PM
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CSB Bank Properties

I am planning to take loan against property from Catholic Syrian Bank Limited and searching for details related to this. Can you please provide me CSB Bank Loan against Property Details along with eligibility to take loan and also tell about Maximum Funding of this bank for loan?
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  #2  
August 4th, 2016, 01:01 PM
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Join Date: Mar 2012
Re: CSB Bank Properties

The Catholic Syrian Bank Limited is a private sector bank with headquarters in the Thrissur district of Kerala, India. It is one of the oldest banks in India.

CSB Bank Properties Details:

About Loan against Property:

Eligible borrowers
Individuals (Resident & NRI), Firms, Companies, Societies etc

Purpose
Any legally permitted purpose

Loan Amount
Maximum upto Rs 5 crore

Tenure
Maximum upto 15 years

Nature of facility
Term loan

Security
Land with or without building- Residential / Commercial. (Agricultural land will not be taken as security).

Maximum Funding

1. 60% of the market value of residential building / flat.

2. 55% of the market value for other properties.

3. 75% of the market value for existing housing loan customers of CSB (2nd charge)

The above is subject to loan eligibility as per financials.

Income Proof

SALARIED

1. Latest salary slip / certificate

2. Latest IT Return / Form 16

3. Latest bank statement – 6 months

SELF EMPLOYED

1. Latest ITR with computation for the last 3 years & financials

2. Latest bank statement – 6 months

Contact:

The Catholic Syrian Bank Ltd.,
Head Office, CSB Bhavan, P.O Box No. 502,
St. Mary’s College Road,
Thrissur - 680 020,
Kerala, India.


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