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Mortgage Loan

Meet all your financial needs through VEAS Mortgage Loans.

A mortgage loan, also referred to as a mortgage, is used either by purchasers of Domestic, Consumer, equipment, House Alteration, Childerns Education, Manglik & Religious Ocassion; by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property. This means that a legal mechanism is put in place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event that the borrower defaults on the loan or otherwise fails to abide by its terms. The word mortgage is derived from a "Law French" term used by English lawyers in the Middle Ages meaning "death pledge", and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. Mortgage can also be described as "a borrower giving consideration in the form of a collateral for a benefit (loan)." With Vyavsayik Evam Audhyogik Sahakari Bank Mortgage Loan you can leverage the property you own to avail additional finances when you need it or to purchase new property. From property mortgage to long term loans through encashing rental cash flow, you can now expand your business, acquire an asset or satisfy personal financial requirements through VEAS Mortgage Loans.

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