Opportunity for individuals to transfer their existing home loan to MAS to avail the benefits of a lower EMI. Customers can benefit from - Lower interest rate than their existing home loan // Higher loan tenure than their existing home loan tenure
In addition to the benefits of transferring their existing home loan to MAS, individuals can also avail benefits of a top up loan for various housing and non-housing related fund needs like Renovation & Extension work in current house, purchasing furniture, debt consolidation etc.
Loans ranging from Rs 1 Lakh to Rs 60 Lakhs
Flexible loan tenure from 36 months to 360 months
Loans up to 90% of the market value of the property - for loan amount up to Rs 30 Lakhs // Loans up to 80% of the market value of the property - for loan amount above Rs 30 Lakhs.
Customized loan options
Doorstep Service
Salaried Individuals
Minimum age should be 18 or above at the time of application and maximum up to retirement age at the time of loan maturity.
Minimum income of Rs 10,000 per month
Total Work Experience should be 3 Years.
Self Employed Professionals/Self Employed Non Professionals/Agriculturist
Minimum age should be 18 or above at the time of application and maximum up to 65 age at the time of loan maturity.
Minimum income of Rs 10,000 per month
Minimum 3 years of business vintage
Documents Required for availing Balance Tranfer & Top Up Loan