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Attractive loan offers against property at affordable interest rates!
Loan against a property is a kind of mortgage loan available for both salaried and self-employed professionals to fulfill their personal as well as business goals. In this type of loan scheme, borrowers have to mortgage their property to secure the loan meant for personal as well as business purposes.
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Eligibility
A Loan Against Property is essentially a loan given against any property. The loan can be taken against fully constructed, residential, commercial properties and Industrial property (including Land) for business needs, marriage, medical expenses or any other personal needs.
Any Resident Indian Individual (salaried/ self-employed) can apply. The co-applicants can be close relatives, partnership firms, or even a Private Limited Company.
Salaried Customers need to submit their last 2 month’s salary slip, 6 months bank statement, form 16 and ITR and documents related to running loans.
Self-Employed customers need to submit complete set of ITR and Financials for last two financial years, 6 months Bank statement and documents related to running loans.
We offer this Loan Against Property for max tenure of 10 years.
Loan to Value (LTV) is a term that is used to express the ratio of a loan to the value of the asset mortgaged. The loan is usually offered in the range of 60% to 70% of the market value of the property.
It would take minimum of 7 working days after submission of required documents.
You will receive expert legal and technical counseling that will help you make the right financial decision.