BMB Loan Against Property


  • 50% concession in processing fees for MSME units
  • Facility as term Loan/Overdraft
  • Interest on daily reducing balance
  • Tenure of loan maximum 7 years
  • Minimum Loan amount: Rs 5.00lacs
  • Maximum: Rs 1.00 Cr for Individual,
  • Rs 2.00cr for proprietorship in service industry,
  • Rs 5.00 Cr for Manufacturing industry,
  • Rs 10.00 Cr for Corporates.
  • Age: Minimum 21 years and maximum 70 years
  • Income should be min Rs 3.00 lacs per annum for at last 3 consecutive years

Rate of Interest:

For interest rate click here



Loan Against Property

Foreclosure Charges

Nil for individuals ,for others @2%

Late Payment Charges

1% of the overdue amount

Processing Fees

Term Loan :1.00% of the sanctioned amount :
Overdraft:@0.50% of the sanctioned limit/renewed limit, min 5000/-and max.1.00 Lac.
Concession: 50% concession to MSME under Processing/Upfront

CIBIL Charges

Rs100/- per individual

CIBIL Mortgage Check


Documentation Charges

Upto Rs50000/- -NIL
Above Rs2.00lacs
Minimum –Rs1000/-

Inspection and Supervision Charges

Upto Rs2.00Lacs –NIL
Above Rs2.00lacs

Mortgage Charges

At actuals

Stamp Duty (Non –refundable)

At actuals

Legal ,repossession &Incidental Charges

At actuals


CERSAI Charges

At Actuals

Rephasement of loans/deferment of loan installments

0.05% of the limit ,Min-Rs1000/- and Max-Rs50000/-

Insurance of the property

At Actuals


More products: 
  • Thought of the Day- "People who study others are wise but those who study themselves are enlightened." Word of the Day- Economist​ = अर्थशास्त्री

  • Lockers available at our Branches in Mumbai, Raipur, Dehradun, Kanpur, Kolkata, Thiruvananthapuram, Ranchi, Agra, Chennai, Jaipur, Agartala, Alwar, Bengaluru, Chandigarh, Panaji, Gurgaon, Lucknow, Hyderabad, Kochi, Panchkula, Indore, Bhubaneswar, Bhubaneswar, Thane, Najafgarh

  • Lockers available at our Branches in Agartala, Agra, Alwar, Bengaluru, Bhopal, Bhubaneshwar, Chandigarh, Chennai, Coimbatore, Dehradun, Goa, Gurgaon, Hyderabad, Indore