If you own an A-Khata property in Bengaluru, you already know its importance in real estate and banking transactions. Unlike B-Khata properties, A-Khata properties are legally recognized and make it much easier to secure financing. One of the best financial options available to A-Khata owners is a mortgage loan or loan against property.
In this article, we’ll explain how you can get a high-value mortgage loan at a competitive rate of interest and what you need to qualify.
✅ What is a Mortgage Loan?
A mortgage loan (also known as a loan against property) allows you to pledge your residential, commercial, or industrial property as collateral to secure funding from banks or NBFCs. The best part? You still retain ownership of your property while accessing much-needed funds.
📌 Benefits of a Mortgage Loan on A-Khata Property
- Higher Loan Eligibility – A-Khata properties are considered safe and legally clear, so banks are willing to sanction higher loan amounts.
- Lower Interest Rates – Compared to personal loans, mortgage loans have much lower interest rates, starting as low as 10% per annum.
- Large Funding Options – Loan amounts can start from ₹40 lakhs and go upwards depending on the property value and your financial profile.
- Flexibility of Usage – Funds can be used for business expansion, debt consolidation, medical emergencies, education, or large personal expenses.
- Long Tenure – Mortgage loans offer a longer repayment period (up to 15 years), reducing EMI pressure.
🔑 Eligibility Criteria for High-Value Mortgage Loans
To avail the best mortgage loan offers, you must meet certain requirements:
- Property Type: Must be an A-Khata property.
- Loan Amount: Minimum ₹40 lakhs (higher loan brackets available).
- CIBIL Score: At least 750+ for best interest rates.
- Income Proof: Stable income or business records to show repayment ability.
- Co-Applicant (Optional): Having a co-applicant with strong financials can improve eligibility.
🏦 Example: How Much You Can Save
Suppose your property is valued at ₹1 crore.
- With an LTV (Loan-to-Value ratio) of up to 80%, you may be eligible for a loan of ₹80 lakhs.
- At a 10% interest rate, your EMIs will be far more affordable compared to unsecured loans at 15–18%.
- Over the tenure, this translates to savings of lakhs of rupees in interest.
📢 Why Choose Shivafinz?
At Shivafinz, we specialize in helping property owners get the best mortgage loan offers. Our team provides:
- ✅ Free eligibility check
- ✅ Fast approvals with minimal documentation
- ✅ Guidance on improving CIBIL if required
- ✅ End-to-end support till loan disbursal
🔍 Key Takeaway
If you own an A-Khata property and need large funds (₹40 lakhs+), a mortgage loan at just 10% interest can be the smartest option. With the right financial guidance and proper documentation, you can unlock the true potential of your property without selling it.
📩 Contact Shivafinz today to know your exact eligibility and secure the lowest interest rate possible.