Cosmos Co-operative Bank is promoting its Property Mortgage Loan facility, offering borrowers access to funds at interest rates starting from 9.15% for women and 9.25% for general borrowers.
The loan scheme allows customers to leverage their property as collateral to meet financial requirements, including business expansion and other planned expenses. By offering competitive interest rates, the bank aims to provide financial support to individuals and entrepreneurs seeking funds against their property.
The bank has highlighted the facility as an option for customers looking to turn their property assets into a source of financial support.
The starting interest rates differ by borrower category, with women eligible for a rate of 9.15% onwards and general borrowers at 9.25% onwards. Actual rates and eligibility would depend on the bank’s applicable terms and conditions.
