Security

Security Type Security Mandatory @for (opt of securityMandatoryOptions; track opt.id) { {{ opt.label }} } Margin (%) Margin must be between 0 and 100 Maximum LTV (%) = 100 − Margin

Collateral Rules by Security Type

Which security this product may accept
@for (rule of collateralRules; track rule.security) { }
Security Allowed Max LTV % Valuation Insurance Charge / lien
{{ rule.security }} {{ rule.allowed ? 'Yes' : 'No' }} {{ rule.ltv }} {{ rule.valuation }} {{ rule.insurance }} {{ rule.charge }}

Guarantor & Co-applicant

Guarantors Required (min) Co-applicant @for (opt of coApplicantOptions; track opt.id) { {{ opt.label }} } Third-party Security @for (opt of thirdPartyOptions; track opt.id) { {{ opt.label }} }

Conditions

Legal opinion / title search mandatory before sanction Property insurance mandatory for the whole tenure Register charge (CERSAI) before disbursement Release security automatically on closure Allow multiple securities for one loan Allow third-party deposit as security
Unlike an Advance, the security does not decide a running limit. It only decides eligibility at sanction. Disbursement happens once, up to the sanctioned amount.