::: Mortgage Loan in Chennai :::

  • Worrying about Mortgage Loan Eligibility ! Join with us, learn the nuances to increase your eligibility.
  • Paying Huge Interest Rates for your Existing Loan. Just Switch your existing loan to another bank, our loan expert will take you step by step. No Fee !
  • Struck with CIBIL Problem. Many NBFC give liberal consideration for Cibil Low Score Clients. We are linked with 153 Nbfc. Bergmount will find a better way for you.
  • Owning a property, but don’t have a Income Proof. Nbfc’s like Vistaar & Shriram will fund for clients without Income Proof & ITR. Be sure, you must show the INCOME SOURCE.
  • Banker’s devalue your property for their safety. Bergmount monitor bankers valuation process and give legal points for better valuation.

Mortgage Interest Rates in Chennai Varies from bank to bank. It Depends on the Property value, CIBIL Credibility, Repayment Schedule and past Credit History,if any.

::: Welcome To Jai Lakshmi Mortgage Loan :::

Cr +
Loan Disbursed
Property Takeover
Clients Handled
Banks & NBFC's

::: Why Mortgage Loan Get’s Rejected :::

Getting your application rejected from bank is common now a days. You might disappoint because of your loan rejection. So before logging in your profile you have to consider some facts , those facts will help you to find out when and to whom you should login your profile

Loan Against Property :: Overdraft Facility :: Reverse Mortgage ::

Not Having Proper Credit History

Age Factor is main factor, Younger one always get Long Repayment.

Disputes in your property or Having Litigation in Mortgaged Property

Keeping More Debts than the Banker Standard Policy. Check eligibililty before login

Mistakes in Credit Reports:

Earning Income is not sufficient enough to avail Mortgage Loan

You Must Have Proper Employment History, as an Employee or as an Employer

Fill Your Application with Care, 30% Profile Rejected Because of this.

::: Types Of Mortgage Loan in Chennai :::

Fixed Mortgage Loan

Fixed Rate mortgage loan in Chennai is followed by most of the lender, where the interest rate are always fixed. The Lender will set the interest rate, EMI, and the repayment schedule based on the credibility factor of the borrower. Nothing changes till we close the loan. From Banks to Non Banking Financial Institution Prefer to Choose this type of mortgage loan.

Floating Mortgage Loan

Interest rate is not constant, it may change time to time. Depending upon the Market condition, vulnerability of interest rate may vary time to time. Some time interest rate reduce and vice versa. We have one more type, which is Adjustable Rate mortgage loan. Interest rate would be low in the Initial Stage and become fixed interest rate in future time period.

Reverse Mortgage Loan

Reverse Loan Against Property is new to the type of mortgages. Reverse mortgage loan are very much useful to people who were unable to make money for their living. For Example, Physically Challenged People, Senior Citizens etc., The borrower have to pledge the property to lender and the lender give the Installments to borrower for a certain number of years.

Simple Mortgage Loan:

This is the most popular Loan Against Property in Chennai. Pledging the property to third party, banks or private institution without transferring the ownership is called as simple mortgage loan. When the borrower repay the money, lender will hand over the property to the owner.

English Mortgage Loan:

Risk factor for English Mortgage loan is little bit higher. The borrower should repay the loan to the lender within the specified time written in the agreement. If the borrower breaks the promise of repayment before the time frame, lender have the full rights to sell the property.

Usufructuary Mortgage Loan:

This type of Loan Against Property is common in rural areas. Where the borrower transfer the possession of the property to the lender. Borrower give full possession rights to lender, if the lender finds the property gain profit he can transfer the possession to another person. This possession of property will be closed once the property owner repays the money. Agreement become void.

Conditional Sale Deed Mortgage Loan:

The Most riskiest mortgage loan type ever. Borrower should sign a conditional sale deed to the lender, in case the borrower didn’t repay the money in a specified date the lender have the full rights to sale the property without borrowers confirmation.

Subprime Mortgage Loan:

At present 20% of clients are getting Subprime loan against property in Chennai. If you became as a Cibil Defaulter or having low cibil or credit score, you get subprime mortgage loans. National Banks reject these cases. Few NBFC’s welcome Cibil Defaulter Clients or low cibil score.

The lender will charge you higher interest rates and short repayment schedule for defaulter clients. If the borrower have a good credibility factor, he can take over the property to other banks. Once the cibil score is balanced in future you can transfer your property to other banks or nbfc’s

::: Why to Choose Mortgage Loan :::

When you are in need of money you tend to look various options, even you go to private financiers to raise the funds. Money always plays a bigger role in life. There are lot of private institutions, who don’t consider about income statement.

They just want to know whether you have capabilities of  repaying it or not. Lets us see why choosing mortgage loan in chennai is easy than other loans.

Mortgage Loans are Cheaper Than you Think:

Chennai market have several loan like personal. bond mortgage, stock mortgage so on and so forth. But Mortgage loan having huge advantage than any other loans because of its versatility.  It is cheaper than personal loan, Stock Mortgage and Bond Mortgage as well. You can do anything with mortgage loan.

You can start business, purchase another property, Buy anything you want and the interest rates are always cheaper than you think. Because Mortgage loans are easy to evacuate.


You pay longer, so the EMI for Mortgage loan is comparably lesser than other loans. This makes easy for your to repay the money without any due. Always makes sure not to bounce your EMI’s because EMI bounce will result in Reducing your CIBIL SCORE.

Property Options

Mortgage Loan have lots of options, when comes to property as collateral. Individuals can use their residential property or commercial property to avail their loan. Even a piece of land is okay for mortgage loan. If your property is under construction not a big deal you can get the loan just like that.The Main reason for the popularity of mortgage loan is it’s wide variety of options. Mortgage loan in chennai is the best city to avail it easily and quickly.

Restriction are Limited

Mortgage loans has limited restrictions like other loans. If you are applying for Personal Loans, Educational Loan, Car Loan, etc., you have to show the proof of why and how. But in the case of mortgage loan they just verify your property documents and avail loan. 

You can do anything with that money, bankers are not gonna ask you single question. You can use it as personal expenses or for a vacation or for a medical treatment.



Like other loans in the market, pre closure option are available for Mortgage loan too. And the mortgage loan holder should pay some penalty for pre closing it like any other loans.

Long Repayment Schedule

When you compare to other loan like personal loan, business loan the Mortgage loan repayment schedule is long. For example Personal loan get a maximum of 5 years to repayment.

But in the case of Mortgage loan the repayment schedule is upto 20 years. Where the interest rate is normal than any other unsecured loans. We always appreciate you to choose Mortgage loan in chennai for any secured loan and its easy.

It’s the Best Secured Loan

Mortgage loan in chennai is a secured loan, availing this loan is easy and time saving compare to other loans. It’s really hard to get a Business Loan or Personal Loan, because those loans are unsecured loans. You need to make huge effort to avail these types of unsecured loan. But In case of mortgage loan its quite easy you just need proofs and a property.


EMI or Overdraft Facility

Banks and Private Institutions offers an option in the form of EMI Based Loan or as a Overdraft Facility. For Individuals, they can take the loan as emi and for business people they can use the property to get overdraft facility. On either side you get the benefit. You can turnaround these types of loans depending upon your need and requirements.


Loan Upgradation or TOP UP

You can top up your amount in mortgage loan. If the value of the property accepts the banking standards, bankers will give you an option of topping up your loan in future. It’s like getting additional amount with your existing loan.

Business owner take huge advantage from mortgage loans in chennai. Bankers give good options for discipline payers. If you bounce your EMI Topping Up options becomes null. But we jai lakshmi loans have the option of taking over your property to another bank. So Need not to worry about it.


::: Why your Profile Get’s Rejected :::

>>> Not Having Proper Credit History:

Your past speaks about the future. When your past is not good, definitely you will have problems with your future. The Same here as well, if your credit history is not good you might end up by getting your profile rejection. Banks want to know who you are in the past, what mistakes you made in the past history. Banking sector always checks your profile when it’s logged in.

They clearly watch your Credit Score, Monthly Income, Cheque Bounces, Problem with EMI Clearance, Property Details so on and so forth. This is the strength of banks and they pinpoint those negative areas. Finally Banks decide whether you are a good investment or not. More than any cases mortgage loan are rejected because of your cibil score. It’s not our fault for getting rejection on Mortgage Loan in Chennai. Even banks make mistakes too.

>>> Mistakes in Credit Reports:

On several occasions your CIBIL Report got some mistakes. As a DSA Consultant I personally saw many Mistakes in Cibil reports. Reason may be a mistake done by Direct CIBIL  HQ or Your Previous banks. Most of the Cases your previous banker would have given some wrong report to CIBIL HQ.

And Sometimes CIBIL would have done the mistake. People don’t do voluntarily, mistake is doing thing unconscious. That’s the reason its called mistake. We can Assure you that these “MISTAKES CAN BE SOLVED” We will help you to solve these mistakes and apply for mortgage loan in Chennai.

>>> Income is not sufficient enough to avail Mortgage Loan

Mortgage loan in Chennai, approval or rejection depends on your DEBT RATIO based on your income. Banks will give your first approval based on your income. For example if Banks giving you an EMI of 1300 for a Lakh at a common interest rate, you can find out where you stand on this process.

While calculating the EMI’s, bankers don’t take your full monthly or annual income as consideration. They see your way of living and cut down those incomes, then they charge your EMI. If Your Income is Rs 30,000/- per month, they cut down an income of Rs 12,000 to Rs 15,000 for your Basic or Survival need in the City.

Rest of your income is calculated as EMI. If you satisfy Bankers Benchmark, they sanction the loan you ask or they will reduce the sanctioned loan amount. Sometimes they may even reject your profile. For this you need to furnish all your income supported documents to the bankers

>>> Disputes in your property or Having Litigation in it:

Value of the property is too important in availing the loan. If value of your property is low your loan gets rejected or Bankers will reduce the disposal loan amount. Make sure your property is perfect with papers. The major concern for the bankers have, is this property held up with litigation.

Because clearing litigation from the property is a complete headache. For instance, will you invest your hard earned money on a litigation property? No right, the same with the bankers as well. So Clear the litigation, if you have any. Please don’t log in your litigation property in every bank you walk in. This will create a bad impact on you and even after clearing your litigation; bankers tend to reject your profile.

>>> You Must Have Proper Employment History, as an Employee or as an Employer:

You should poses at least 2 Years as a employee or as business owner.  Its just not about income or property, it’s about credibility of you. As a Common man we may consider, if I’m not paying the EMI regularly the bankers are going to send my property to DRT. End of the day bankers have my property as security right. In most of the cases people think like this. But in a real world, you have no clue how much worth of property are held up in DEBT RECOVERY TRIBUNAL.

The numbers are beyond our reality. Maintaining Proper Employment or Business History is very important. As a matter of fact, bankers are in giving position and we are in receiving position. Keep your track record clear and furnish you documents with proper guideline from the bankers if you want to get mortgage loan in Chennai.

>>> Keeping More Debts than the Banker Standard Policy:

We may have several reasons for our Profile rejection, but keeping additional debts will reduce the chance of getting First approval from bankers for your mortgage loan. As I said earlier, while availing mortgage loan bankers see your survival needs. It’s the same way, if you have more debts chances for you is very less.

They finish it off with a simple response “Please Close Your Existing Debts “. I personally recommend you to reduce or balance your debt to avail mortgage loan in Chennai.

>>>Fill Your Application with Care:

Fill the application properly, if you don’t know how to fill your application grab help from us or connectors. Don’t fill it with mistakes. Mortgage loan in Chennai alone reject over 15 % application, because of not having proper information in the application form.

Take Time and don’t rush in process of filling up the form. Complete it with patience and check every question while filling it. Even a single mistake will reject your application. Do you know something; one rejection will end up in reducing 30 to 40 points from your CIBIL SCORE.

>>> Giving Your Profile to Wrong Professionals:

This is the place where Jai Lakshmi Associates want to take part in the process. Even a single mistake can change everything upside and down. You can find lot of inexperienced mediators or connectors, but what’s use in that. They are not going to help you to raise your loan. Mediators and connectors make you greedy. So give your profile to good hands like us.

Do you know, people work for login counts? Mediators and Connectors are one among them, they have their own target and they want to achieve their goals. These people know that your profile will not get approval, even knowing that they will login your profile just for login counts.

End of the day your profile gets rejected and your CIBIL SCORE automatically get reduced by 30 to 40 points. What happens when you get rejected from 10 banks, 300 to 400 points is bombarded. Your good name get spoiled, you loan rejection rate is increase. Even in future bankers rejects your profile because of your past reputation. As I already said, Decision by bankers depends upon your Past History.

::: Features of Mortgage Loan in Chennai :::

EMI & Loan Tenure

The tenure of loan repayment goes up to 20 years. Mortgage Loan in Chennai, EMI is very low because of long repayment schedule. When you choose long tenure you get low monthly EMI. It Varies from profile to profile, if you need a decent mortgage loan you need to maintain perfect track record.


Banks and NBFC’s offer various features for LAP clients. Those Features gives life to Loan Against Collateral because, clients can pledge their property to avail Overdraft Facility or they can go for EMI Based LAP. This feature is the cheapest Finance Against Property in Chennai available and it’s flexible too.

TOP UP or Takeover LAP:

Loan against Property in Chennai, enables the options for Loan Top Up. When you are in need of more money in future land pledge loan in chennai allow you to top up. But make sure that you pay your existing EMI on a regular basis without any bounces or late payment.

::: How not to Get Trapped by Mediator’s :::

Never Pay Any Upfront Fees to Any Mediator or Connector, the below points will help you to overcome hoax informations.

  • You will come across lot of mediators from the Nook and Corner of chennai and tamilnadu, they also tell you that they can organize 10 cr to 1000 cr to you. But getting Mortgage Loan in Chennai is not that easy.
  • The worst part mediators promises you is they can organize third party collateral for you. Whether you are a business person or a employee. But in reality Third party collateral is completely a hoax. No one will give their property others, unless the property got some legal issues.
  • I’m a reputed DSA Consultant for Mortgage Loan in chennai to many banks, i personalized came across “A mediator told me Sir I can organize your mortgage loan in chennai with just 4 to 5 % Interest from Banks. Because Sir, I have higher official connection with bankers who are introducing Government Loan Scheme and its a Secret Deal. If you want it you want to pay upfront fees of Rs 2,50,000 /-”. This is what he said. I want people to realize about it. Bankers are always open to everyone. If you want to make a fair deal you have to go in a straight line don’t go for any false information.
  • In Some scenarios, mediator create a story about FOREX FUNDS. “The banks are dealing Financial Crunch with Forex Funds. If they exchange their funds with Dollars or Euros, they might end up losing millions so they are trying to lend the money to people who need Mortgage Loan in Chennai” and this is Hoax Story Too.
  • Fake Mediators Claim these informations are true. Never Ever Believe those Mediators or Connectors.
  • Foremost action you shouldn’t do is, never ever pay any upfront fees to any one.
  • Mediators & Connectors will hide by saying “Authorized Agents from Banks are going to value your property and other documents, they are expecting some upfront fees from you. If your not paying it they will reject your profile” Don’t Believe it Bankers will not take money in hand. They want you to pay every penny at respective banks.
  • Availing Mortgage loan in chennai is easy task, but you have join the Ethical Hands.

::: How To Overcome Third Party Collateral Frauds :::

Mediators and Connectors promises you and try to brainwash you for Third Party Collateral, Never Believe Them, Some Hoax information Mediators Gives you are as follows – Don’t Give Your Property as Third Party Collateral.

  • Business Profile Have a Perfect Turnover
  • Business is achieving High Profits
  • Business which come to us for verification goes for lot of feasibility study by panel auditors and credit analyst.
  • Your Property is safe because, we select your business only after lot of feasibility study we select companies and give your property to them. Either as a housing Loan or Third Party Collateral for a Business.
  • We will increase the Interest Free Loan Amount for you and you get huge benefit out of it
  • Never Worry about your property, we will pledge your property only with banks not to any private financiers.
  • Instead of keeping your property idle, you can give your property to other reputed business for raising mortgage loan in chennai. As  a result, you can enjoy the interest free loan as a reward.
  • Panel Auditors Verify their Business Statements and Books of Accounts.
  • Corporate Strategist check their company profile for futuristic plans and finally approve the business.
  • Advocates check the company’s legal entity and approve it.

If You owning a property and mediator or connector asking your property as a third party collateral don’t give it to them. Almost every banks stopped Third Party Collateral Funding.

So don’t get cheated by people and Don’t Give Hard Earned Property. Business People you cannot get a property as Third Party Collateral, even if you get any the property will have Litigation Issues or Legal Problems.

::: Type of Property You Need for LAP :::

mortgage loan in chennai

Plot or Vacant Land

Thinking about Your Dream Home, owning a plot of land. Bergmount will guide you step by step to fulfill your dreams. Get Your Construction Loan by Pledging your Vacant land. Banks Dispose the loan on regular interval during the construction process. Get upto 70% to 90% on your land value. Financial Institution will not avail loan for Unapproved Plot or Land and Panchayat Approved Land

construction loan in chennai

Residential & Commercial Property

Residential Land loan in Chennai, Residential Property is the best & secured way to solve your problems with low interest rates. Residential Property gives more LTV for Loan, can raise maximum of 80% loan on market value. Want More Money, Loan Against Property in Chennai on Commercial Property is for you. Property Credibility helps you to get immediate loan than other property.

Research and development mortgage loan in chennai

Industrial, R & D Property

Struck with Business Billing Cycle Period or want to develop your business. Bergmount have fantastic rapport with NBFC's, will help you to get immediate overdraft enhancement, Property transfer or takeover. Have an Idea, want to take your business to next level, research & development funding is a great option. Land Loan Interest Rates in Chennai starts from Minimum of 9.5%/-

::: Why Choosing NBFC & Private Institution is a Better Option :::

>>> Risk Takers:

Private Institution have the immense ability to take risk. Branch managers and higher officials are risk takers. They value every client, even slightly imbalanced profile can get quick disposal. Because, they have their own standards. Branch Managers always try to give a shot for credible customers. High Risk Takers. Private Institution are the best Plot Loan Providers in Chennai.

>>> CIBIL:

Cibil is a separate credibility rating body, formed by 7 nationalized banks to create a credit standard for the clients. Though credit score is a drawback for some customers, Nbfc’s take a liberal considerations. Every NBFC’s have their own standards for Property Against Loan in Chennai. So, struck with Low Cibil Score ? Wanted Loan Against Property in Chennai immediately – Just Call Us 8939742073

>>> Process:

Loan Scheme and Process for Nationalized banks are same from eagle point view. They are governed by Government of India & RBI. In Detailed look, profile rejection history of nationalized banks is 50 to 60 % for Properties as Collateral Loan in Chennai. Nationalized banks expect 99% pure clients, like No Cheque Bounce, No Emi Slip and Complete No to Cibil Defaulter.

>>> Responsibility:

You cannot expect proper response from the nationalized banks, because you are one in their 1000 rejections. You don’t get a proper guidance from bank officials and connectors while securing loan against property in Chennai. They don’t guide you or educate you the nuances step by step to avail loan.

From 2012, LAP Through NBFC in India has been raised from 43,000 to Rs 1.48 Trillion. NBFC got some priority market segments like SME, MSME where the cash flows are higher.

  • Asset Recognition Cycle – 150 days. In case of Pending payment for more than 150 days – it’s considered as NPA.

“NBFC Banks That Offer Loan Against Vacant Land in Chennai:”

DHFL, Magma, Oriental, L&T, Bajaj, Equitas, Edeleweis, Religare, so on and so forth. These are the Best Bank for Loan Against Property in chennai. You can get upto 30 Year Land Loan Chennai.

>>> Expectation

What happens when, taking bank loan for a Patta land in Chennai, is lower than your expected loan amount. As a profile owner, your instinct intuition say, “My Profile can generate more loan, end of the day you get low disbursement and you cannot ask question to officials why this happened. At least you can question of WHY ? to a Private Institutions and NBFC’s.

>>> Loan Scheme’s

How to Get Plot Loan in Chennai? Looking for Loan Schemes, but in reality most of the loan scheme aren’t active in many banks, even if it is active those schemes will be belong to high profiles. Normal people like us aren’t aware of those schemes. If it is Private Institution or NBFC’s, we can point out why it is not active ?.  DENA, PNB, CANARA, IOB, BOI are the list of Best Land Loan Providers in Chennai.

>>> Mistakes

As a loan data research & lead Aggregator, we find number of clients complaining about CIBIL Update mistakes during CIBIL Entry Process. Nationalized banks do makes lot of mistakes and hide it. We have to work hard to overcome that, though the mistakes are done by nationalized banks. These Banks do have lot of manipulators as well. Profile is Manipulated by other’s ? Worrying about the possibilities whether “Can I Get Loan Against Property in Chennai”. Bergmount is the best loan against property dsa in chennai.

Contact Us :::

Jai Lakshmi Associate

No: 56, kauveri Complex, Opposite to ganpat hotel, Nungambakkam  Chennai .

Phone No: +91 7299999609

Gmail: [email protected]

Dealer’s :::

  • Loan Against Property
  • Mortgage Loan
  • Overdraft
  • Construction Loan
  • Housing Loan
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