CSB Bank CSB Property Encash Mortgage Loan

A loan against property from CSB Bank to meet your financial needs

A low-interest mortgage loan to consolidate your debts

CSB Bank Property Encash Loan (Mortgage Loan)

This loan helps borrowers get access to funds by pledging their residential or commercial property to the bank to meet their urgent financial needs such as wedding expenses, foreign travel expenses, medical exigencies, higher education, etc. This loan can also be repurposed into a consolidation loan to pay off high-interest debts.

Features of CSB Bank Property Encash Loan (Loan Against Property)

Why this Loan?

  • The CSB Bank Property Encash Loan is meant for borrowers who want to avail financial assistance by pledging their residential/commercial property to the bank to meet their urgent financial needs
  • The bank also offers this loan against land with or without property. However, agricultural land is not accepted as security
  • Borrowers can also avail this scheme as a consolidation loan to pay off their debts

Loan Amount

  • The bank offers up to 60% of the market value of residential property and 55% of the market value of other properties under this loan scheme. The maximum loan amount offered under this loan scheme is Rs. 5 crore


  • As of October 2020, the interest rate applicable to this loan can range anywhere from 11.99% to 13.49%


  • This loan must be repaid within 15 years

Security Needed

  • The bank asks for the first charge of equitable/registered mortgage of residential/commercial property or land with/without construction

Margin & Processing Charges

  • As of October 2020, this information is not mentioned on the bank’s website. Please check with the bank’s representative to get more details

Documents Needed for Individuals (Salaried and Self-employed)

  • Loan Application Form duly filled and signed by the applicant and co-applicant, if any
  • Two Passport Size Photographs of applicant and co-applicant
  • Personal ID Proof: Aadhaar Card, PAN Card, Passport or Driving License. PAN Card / PAN Card Issuing Letter is must
  • Signature Proof: PAN Card, Banker’s Verification, Driving License or Passport
  • Residential Address Proof (Any One): Aadhaar Card, Electricity Bill, Post-paid Phone Bill, Valid Rent Agreement
  • Income/Banking Proof for Salaried Professionals: Last 3 months’ salary slip, Form 16 or income tax returns
  • Income/Banking Proof for Self-employed Professionals/Non Professionals: Computation of income of last 2 years, Balance Sheet, Profit and Loss Account, Registration Certificate, GST Return, Income Tax Challan / Form 26AS / TDS Certificate, IT Assessment, etc.
  • Property related documents

Reference Facts:

  • CSB Bank Website: www.csb.co.in and www.csbnet.co.in (net banking)
  • Headquarters: Thrissur, Kerala
  • Call Centre Toll-Free Number: 1800 266 9090, 0422 6612300, 0422 2228422