Overview
Loan Against Property is the perfect way to unlock the hidden value of your property.
With this loan, you can fully benefit from life’s little surprises you may have
earlier passed over due to lack of funds. This multi-purpose loan puts funds at
your disposal to use as you wish. What’s more, this loan is available at a reasonable
rate and can be repaid comfortably over as many as 15 years.
You can use the funds to expand your business, plan a dream wedding or even finance
your child's education.
A new home brings with it new hopes, joys and emotions. Our services are customized
to provide you solutions for your unique concern.
Features & Our Assistance
- A Multi-purpose loan for expansion of business
or to meet your personal needs.
- Maximum loan amount against your income
- Loan against Residential property, Commercial
property, Industrial property, Open Plots
- Loan up to 100% of property value.
- Choice of Tenure up to 20 years*
- Attractive Interest Rates. Our associations with
leading Banks and NBFC’s helps you in availing best financial product available
in market at lowest interest rates.
- Simplified Documentation
- Door step services
- Lowest processing fees
- No hidden charges
- No Post loan hassles
Loan Against Property Types
You can avail loan against any of your existing property like residential, commercial,
industrial or open plot. This loan can be used for any of your personal use or business
purpose
If you are looking at moving into a new office or expanding your business, your
search ends here. We provide loans for purchase of commercial properties. We assist
you to acquire a new commercial property to meet the requirements of your growing
business
Lease Rental Discounting helps to raise funds against the future expected rentals
of self owned commercial property. To avail this loan the property should be occupied
by the Lessee.
This is a facility offering you a choice to transfer the outstanding balance of
the loan availed from other banks/ Financial institutions for more favorable terms
& conditions. You can also increase the loan amount through a Top-Up Loan.
Applicable Interest Rate
Currently, rate of interest on loan against property starts at as low as 8.75%
Procedure
- Submission of complete application form with photograph.
- Submission of all required documents.
- Internal verifications.
- Personal interview with a bank official.
- Sanction Letter issued by the bank subject to
title clearance and property valuation.
- Title clearance through our panel advocate.
- Valuation of property by our panel valuer and
inspection of property by bank official.
- Collection of pre-disbursement documents
- Loan disbursement