Loan against Property is an ideal way to utilize and leverage your property to its full potential.Loan Against Property can get you a higher loan amount for your business or personal needs with the benefit of lower EMI.You can mortgage your residential, commercial or Industrial property to get a loan & meet all your financial requirements. With easy documentation, speedy approvals and flexible repayment options, getting a loan couldn't get easier.
Features and Benefits
- Get high-value loans
- Enjoy attractive interest rates
- Easily calculate Loan value
- Benefit from a high LTV ratio
- Avail of special schemes and benefits
- Apply for a loan no matter who you are
- No guarantor or Post-Dated Cheques required
Eligibility and Documentation
- Age proof
- ID proof
- Application form
- Photograph
- Residence proof
- Income proof
- Bank statement
- Signature verification proof
- Pro-forma Invoice or Rate List
Interest Rates and Charges
- Rates of Interest - 11.00% - 12.00%
- Processing Fee Rs. 3500 to Rs. 5500
- Documentation Charges Rs.300/-
- Other Charges - Inclusive of Service Tax
Time taken for Fund Transfer
Fund transfer to customer's account usually takes 3-4 working days. In case customer opts for a demand draft request, the same takes up to 11 working days to receive the draft.
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