Real Estate Loan
A loan secured on property, at the society's published rate of 14%.
A real estate loan from Shradha Nagari Sahakari Pat Sanstha Maryadit is secured on property. The published interest rate is 14%. The society checks the title before any amount is released.
You will need identity papers, a property card or 7/12 extract, and a no-objection letter from every holder of the property. The branch can visit the property. Apply at the Kotoli office.
Why members choose this
14% interest
The published interest rate on a real estate loan is 14%.
Secured on property
The loan is against property mortgaged under the society's rules.
Clear title
The property should be free of disputes. All holders must give an NOC.
Office verification
The society can check the papers and visit the property before disbursement.
Who it is for
Property owners
Members who can offer a clear property as security.
Families buying or repairing a home
Borrowers who can complete title papers and an NOC from every holder.
Documents to bring
- Aadhaar Card (mandatory)
- PAN Card (mandatory)
- 1 Passport-size photograph (mandatory)
- 2 Nominees — Aadhaar & PAN of each (mandatory)
- Property Card / 7/12 extract (mandatory)
- NOC from all property holders (mandatory)
Terms and conditions
- Loan is secured against the mortgaged property as per society rules.
- Property title must be clear and free from legal disputes.
- NOC from all co-owners or holders is mandatory before disbursement.
- Interest rate and repayment schedule will be as per the approved loan agreement.
- The society reserves the right to verify documents and conduct a property visit.
Frequently asked questions
What is the real estate loan interest rate?
14%.
What property papers are required?
Property card or 7/12 extract, and an NOC from every property holder, along with Aadhaar, PAN, a photograph, and two nominees.
Will someone visit the property?
The society can verify documents and visit the property before the loan is released.
When is the loan released?
After approval, a clear title, and NOCs from all holders. The repayment schedule is the one in the approved agreement.
Related services
Ask about a property loan
Contact the Kotoli branch with your 7/12 or property card. The office will say whether the file can move ahead.
Contact the branch