MICRO MORTGAGE
“Unlock your dream with Ujjivan’s Micro Mortgage loan”
Whether you’re improving your home, expanding your business, or meeting essential financial needs, our micro mortgage loan provides a simple, secure, and accessible way to unlock the value of your property. With a streamlined approval process and flexible repayment options, it helps you move forward with confidence toward a better future.
Micro Mortgage EMI Calculator
Calculate your loan EMI in seconds with our easy-to-use Micro Mortgage Loan EMI Calculator.
Break-up of Total Payment
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Why Avail our Micro Mortgage Loan?
Micro Mortgage Loan Features
Loan size
2 lakhs to 15 lakhs
Tenure
24 Months to 120 Months
Interest Rate
Start from 16% p.a.*
Product Offered
Micro Home Improvement Loan:
Loan Amount:
₹2 Lakhs to ₹15 Lakhs
Tenure:
Minimum 24 Months to Maximum 120 Months
Purpose:
Home Improvement & related activities, renovation, includes refinance too.
Micro business loan
Loan Amount:
₹2 Lakhs to ₹15 Lakhs
Tenure:
Minimum 24 Months to Maximum 120 Months
Purpose:
Expansion of business, Acquiring plant and machinery, Refinancing business expenditure
Micro loan against property
Loan Amount:
₹2 Lakhs to ₹10 Lakhs
Tenure:
Minimum 24 Months to Maximum 84 Months
Purpose:
Mixed usage, Asset creation, Children education, Debt Consolidation etc.
What is the Loan Process?
Initial Discussion and assessment
Provisional documents submission
Property and eligibility checks
Loan approval and Agreement
Disbursement and Support
How to Apply for Micro Mortgage Loan
Micro Mortgage Loan – Fees & Charges
| Fees/Charges | MHIL (Home improvement loan) | MBL (Micro business loan) | MLAP (Micro loan against property) |
|---|---|---|---|
| Login Fees | 2000 + GST | ||
| Processing Fee | 2% + GST | 2.5% + GST | |
| CERSAI | Up to 5 Lakhs - 50 + GST | ||
| Above 5 Lakhs - 100 + GST | |||
| Part Payment | Up to 20% - NIL Charges | ||
| >20% up to 50% - 2% + GST | |||
| Foreclosure | 0-24MOB - 2% + GST | 0-24MOB - 3% + GST | |
| 24MOB - 1% + GST | 24MOB - 2% + GST | ||
| Late Payment Charges | 500 + GST | ||
“Dreams Delivered, Stories Told”
Sheikhsybaira A
Ananta Shivkhar Lokhande
FAQ's
What is Micro mortgage loan
This is a secured form of loan where customer can get funds by mortgaging their residential, commercial or mixed-use property to meet business, home improvement or other personal financial needs.
Who can apply?
Any Salaried customers, Self-employed professionals & Self-employed non-professionals.
What type of collateral is accepted?
Residential, Commercial, Mixed-use property.
What documents are required?
Identity proof, Property documents, Income proof.
Will there be any processing fee and login fee?
Yes, Processing fee will be up to 2.5%+GST and login fee will be 2000+GST.
