The Bora Mortgage is loan given to individuals, groups and/or corporates that would like to:

  1. Buy a ready house/property for yours to live in or for investment,
  2. Construct a house/property for you to live in or for investment
  3. An opportunity to obtain value from existing property
  4. Schemes: Employer Schemes

Loan Tenure: Maximum period of 12 years

Standard Requirements

  • Open a Bora Mortgage Account
  • Copy of ID or passport
  • Two passport size photographs
  • Sale agreement duly signed or offer letter
  • Copy of title to property being purchased/charged (Minimum lease term of 45 years)
  • Evidence of other borrowings if any
  • The property should be within a municipality