A loan against property is a solution for you. You can avail funds for your personal or business expenditures with a help of banks or Financial Institution. You can use these funds for renovating, purchasing a commercial property, new furniture, household appliances, starting a business, as a Capital for your existing business, for growing an existing business, for Holiday trip.
You can raise a large loan through a loan against property with longer terms which will lead to lower EMI at a lower rate of interest. It also means that you can raise funds without selling your property and in return, you pay an interest rate lower than unsecured loans.
A loan against the mortgage of residential property which can be self occupied or rented. The loan is given on property’s market value, which is around 60-70 % however it varies from bank to bank
A loan against the mortgage of Commercial property which can be self occupied or rented. The loan is given on property’s market value, which is around 50-60 % however it varies from bank to bank.
A loan given for the purchase of commercial property, normally bank gives 90 to 100 % of document cost subject to 50 to 70 % of market value. However it varies from bank to HFC.
Lease Rental Discounting (LRD) is a term loan offered against rental receipts derived from lease contracts with corporate tenants. It is based on long-term cash flow from banks using rental receipts as collateral.
Overdraft facility against Property help you manage your fund requirements for business needs with the Drop-line Overdraft against Property where you pay only for what you use.
Now apply for a Loan against Property online, All you need to do is provide your details below application form.