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Cent Mortgage


All personal needs and not for speculative, real estate capital market activities or any activity prohibited by law.

Target Group

  1. Salaried Individual
  2. Professionals & Self Employed


Minimum Age - 21 years.

A. Term Loan:
     Maximum 75 years of age at End of tenure of loan or till Retirement for Salaried employees

B.Over-draft limit:
    (Applicable for Review/Renewal with reducing balance of existing limit only)


Minimum Gross Annual Income should be Rs. 12.00 Lakh

Nature of facility:

Term Loan only

No fresh Overdraft Facility to be allowed, only review/renewal/with reducing balance of existing account is permitted.

Rate of Interest: 9.75% - 13%

Max Tenor

  1. Term Loan – 180 Months
  2. Over Draft – 120 Months (Reducing balance only)

Quantum of Finance: Min 5 Lakh ; Max 750 Lakh

Property located in Metro & Urban Branches
Property located in Semi urban Branches in the State of Goa



EM/Registered mortgage of non-encumbered and self-occupied residential property situated in Metro/ Urban/ Semi Urban centres (Goa State only) where title deeds can be mortgaged for purposes other than agriculture, in the ownership and possession of principal borrower either self-occupied.

Agricultural land/ vacant plot/ commercial/ Industrial property not allowed

Properties of only spouse can be accepted as collateral provided the spouse is the co-borrower

Property should not be inherited or by gift deed or by partition deed

Min CIC Requirement



Professional & Self Employed


725 or -1



665 or -1



716 or -1








Processing Fees:

For Term Loan: 1.00% of sanctioned loan amount + GST, Maximum Rs.0.50 lakh. (Completely waived till 31.03.2024)

For OD: 0.50% + GST, Maximum Rs.5000/-

Documentation Charges:

For loan up to Rs.50.00 lakh – Rs.2500/-

For Loans above Rs.50.00 lakh – Rs.5000/-