Mortgage Loan Services
Starting at 9.5%*
Competitive interest rates for mortgage loans against property
Mortgage Loan - Unlock the Value of Your Property
At Bhagyoday Finance, we understand that your property is one of your most valuable assets. Our mortgage loan solutions allow you to leverage your property's value to meet your financial needs. Whether you're looking to expand your business, fund your child's education, or consolidate high-interest debts, our mortgage loans provide the financial flexibility you need.
With attractive interest rates, flexible repayment options, and high loan-to-value ratios, we make it easy for you to access funds while retaining ownership of your property. Our experienced mortgage specialists guide you through the entire process, ensuring a seamless experience from application to disbursement.
Business Expansion
Fund your business growth, working capital needs, or new ventures using your property as collateral.
Education Funding
Secure funds for domestic or international education expenses for yourself or your children.
Home Renovation
Finance major home improvements, repairs, or upgrades using your property's equity.
Debt Consolidation
Combine multiple high-interest loans into one manageable mortgage loan with lower interest.
Types of Mortgage Loans We Offer
Residential Mortgage
Loan against residential properties including apartments, houses, and villas. Get up to 60% of your property's market value.
Commercial Mortgage
Loan against commercial properties like offices, shops, and warehouses. Higher loan amounts with flexible repayment terms.
Industrial Mortgage
Loan against industrial properties including factories, plants, and industrial land. Specialized solutions for industrial needs.
Land Mortgage
Loan against vacant residential, commercial, or agricultural land. Flexible options based on land location and potential.
Mortgage Loan Eligibility & Requirements
To ensure a smooth application process, please review our eligibility criteria and document requirements:
- Minimum age: 25 years, Maximum age: 70 years at loan maturity
- Property ownership with clear and marketable title
- Stable income source with minimum 3 years of employment/business continuity
- Property valuation by our approved valuers
- All property documents including title deed, tax receipts, and approved plans
- Identity proof, address proof, income documents, and bank statements
Frequently Asked Questions
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What is the maximum loan amount I can get against my property?
At Bhagyoday Finance, you can get a mortgage loan of up to ₹10 crores, depending on your property's market value, your repayment capacity, and eligibility. Typically, we offer up to 60-70% of the property's market value as a loan amount.
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How long does the mortgage loan approval process take?
Once we receive your complete application with all required documents, we typically process mortgage loan applications within 7-10 working days. The timeline may vary depending on property verification, legal checks, and valuation process.
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Can I continue to use my property while it is mortgaged?
Yes, you can continue to use your property as usual while it is mortgaged with Bhagyoday Finance. We only hold the property documents as security, and you retain full possession and usage rights throughout the loan tenure.
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What is the maximum tenure for a mortgage loan?
We offer mortgage loans with tenure of up to 15 years, depending on your age, property value, and repayment capacity. The maximum tenure is subject to your retirement age and the property's remaining economic life.
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What happens if I default on my mortgage loan payments?
In case of payment default, we follow a structured process that includes reminders, counseling, and restructuring options before considering any recovery action. We always prioritize working with our customers to find mutually acceptable solutions to payment difficulties.
