Loan Against Property
‘Let your property, drive your dream’
- Its time to drive your dreams and turn them into reality by unlocking the hidden value of your property. Yes, let your property be a true support for you.
- Let your property take care of your personal as well as your family’s needs. Loan against property is a multipurpose secured loan which can be taken against residential, commercial, industrial or warehouse property.
- With this loan, you can fill your life with little surprises which you might have missed earlier due to inadequate funds.
FEATURES OF LOAN AGAINST PROPERTY
- One may choose to opt for Loan Against Property for: Buisness Expansion, Buying a new property or any other business requirements.
- It is available to Salaried, Self-employed Individuals, Institutions, Trusts, Partnership Firms, Public Sector and Private Sector.
- Choice of tenure up to 20 years.
- Rate of Interest (ROI) ranges from 8.5% to 15% per annum.
- The amount of loan offered is up to 100% of the market value of the property. It depends upon client credibility and varies from bank to bank as per their norms.
TYPES OF LOAN AGAINST PROPERTY
- Regular Loan Against Property
- Dropline Overdraft (DOD)