Mortgage Loans

Mortgage Loans in Bengaluru

Search Results

Loan Against Property


Loan Against Property

Rs. 10000-100000

Loans | Mortgage Loans

Other Products


Aloe Vera Gel

Personal Care | Beauty Products


Liishu Rose Water

Personal Care | Beauty Products

What is a mortgage loan?

The mortgage loan is provided as a secured loan. The very term mortgage signifies a loan used to purchase or maintain a home, land, or other types of real estate. The borrower agrees to pay the lender over time, basically in a series of regular payments that are divided into two parts- principal and interest. This loan allows you to get the loan by submitting your immovable asset.

This immovable asset can only be your house or your apartment. Because only a house is an immovable object. Home loans, commercial property loans, and loans against property are the three main factors of a mortgage loan.

Type of mortgage loan available in Bengaluru ?

5 types of mortgage loans are available in the Bengaluru. These are

  • Conventional loan: The conventional loan is always better for those borrowers who have a good credit score. Conventional loans are of two types. Number 1 is the conforming loans and the other one is the non-conforming loans.
  • Govt insured loan: Govt insured loan is the best option for people who have very lower credit scores and who do not have much cash in hand for the down payment.
  • Adjustable-rate mortgage: The adjustable-rate mortgage is another good option for those people who do not have any plan of staying at home for a long period. Again if they are comfortable taking the risk of the larger payments.
  • Jumbo loan: Jumbo plan is a good option for borrowers with excellent credit looking for buying an expensive home.
  • Fixed-rate mortgage: This is the best option for the borrowers who want to get the predictability upon the same type of payment.

What is the mortgage loan interest rate in Bengaluru?

The mortgaged interest rate varies from time to time. But normally it revolves around 8.15 percent to 11.80 percent per annum. You will get 60 percent of the registered value of the mortgaged property.

What is the mortgage process?

There are several processes for the mortgage. One can go to the banks with the required documents. One can go to the Non-Banking Financial Companies also. Again you can go to the loan brokers who will give you facilities like:

  • You will not have to go through a long documentation process.
  • You will get the loan within a very short period
  • You will get the loan at a lower interest rate.
  • Getting a loan will be more flexible for you.


You will get introduced to a number of best mortgage lenders in Bengaluru on the official page of only desi. They will give you the mortgage loan at a very low price.
You will get many mortgage brokers near your location in Bengaluru on the only desi website.
Different economic organizations offer different rates for a mortgage loan in Bengaluru. The mortgage rate today is also varied. The brokers obviously offer lower rates than the banks and the NBFCs.
Mortgage rates are generally low as compared to other loans, It varies between 3 to 4% on average, According to last week, the 30-year mortgage rate is 3.29 percent.

Review Section For Only Desi

Download the OnlyDesi App on Your Mobile and Get Unlimited Exploration

Download the Onlydesi App

Popular Sub Categories

Covid-19 Updates