Loan against property - reg

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SADHASIVAM (Querist)
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11 April 2013 Sir,

We are having a land with built in area in Coimbatore Town, Tamilnadu. These land were developed during the year 1900 and we are holding the documents of the year 1900. When we approach bank for Mortgage loan, Banker are saying this is not approved site. In this situation what can be done.
Thanks & Regards

Sadhasivam C.

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CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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25 July 2013 Loan approval based on the bankers loan policy. you can check the bankers who giving the loan for the area in which house is located and approach them

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