Loan Against Property
Loan Against Property is a multi-purpose loan that can be availed whether you are starting a new business or require long term working capital or need to fund education or marriage of your children. You can opt for a loan against fully constructed houses as well as residential and commercial properties. In Loan against Property you can now convert movable and immovable property into cash as per your financial requirements.
Features:
- Loan upto Rs.10 crores
- Maximum tenure upto 15 years
- Quick approval with minimum documentation
- Fulfil Your Every Need
- Easy Repayment Options
- Transparent Processing
- Quick and Efficient Servicing
- Benefits for the Self Employed
- Easy Debt Consolidation
- Complete transparency in operations
- Personal loan to individual owners of residential home/flat and select commercial properties
- Access this loan from our wide network of branches
- Interest rates are levied on a daily reducing balance method
- Lowest processing charges
- Rental income in select cases also considered for loan eligibility
- No prepayment penalties. You can have surplus funds at any time thereby conveniently reducing your loan liability and interest burden.
Documents required for Loan Against Property:
- Property paper (Registration Agreement with Legal paper)
- Loan Sanction Letter
- Income Proof
- Pan Card
- Aadhar Card
- Electric bill
- Photo
Eligibility:
- Cibil score 600 and above
- No Cheque or ECS bounce in current 6 month