Loan product
Types of Collateral Accepted in Mortgages
Residential, commercial, industrial, mixed-use and plot collateral accepted as security.
Residential Property
Self Occupied or Rented or Vacant. Part of Property with Separate entrance and a lockable independent unit.
Approved, regularized (without Map), Lal Dora, GPA properties can also be funded.
Commercial Property
Self Occupied or Rented or Vacant. Part of Property with Separate entrance and a lockable independent unit. Just have commercial taxes being paid.
Industrial Property
Self Occupied or Rented or Vacant. Part of Property with Separate entrance, demarcated and a lockable independent unit.
Mixed Usage
Self Occupied or Rented or Vacant. Part of Property with Separate entrance and a lockable independent unit.
Plots
Authority Plots or regularized colony Plots with clear demarcation.
Schools, Hospitals & Nursing Homes
Loan for Schools/ Hospitals/ Nursing Homes etc I also available. The collateral must be complaint with MCD building norms and compliance.
Have a question about Types of Collateral Acceptable?
No two cases are the same, especially when collateral involves legal considerations. Talk to us directly, and we’ll help you understand your position.