Loan Against Property up to 40 Cr

Your property is truly one of the most valuable assets you possess. You can use that property (both residential and commercial) as security to get immediate access to funds through our Loan Against Property for your business as well as personal needs. You can use these funds towards expanding business, purchasing new property and enhancing existing infrastructure. Loan against property put the power in your hands to make the best out of your property and your finance.

Salient features
  • LTV (Loan to value): Loan up to 80% of true value of your property.
  • Tenure: Enjoy comfortable EMI Up to tenure of 15 years
  • Eligibility and Assessment: The bank assess the loan amount based on your income financials as well as the value of the property. For income eligibility parts banks also uses alternative assessment methods like loan based on bank statement analysis, GST returns and other factors to arrive at loan eligibility.
  • Business Continuity: Minimum two years old business is required with some institutions as exception which lends even to a year-old business enterprise.
  • Rate of Interest: It starts with minimum 6.50% and may increase depending on bank or NBFC and credit risk profile of the borrower.

Types of eligible properties

Residential Property, Commercial property, residential plot and industrial property.


Still some doubts? Loans against property FAQs can help you to clear them.

It is completely up to you on how you decide to spend the loan amount. Whether you are a salaried individual or a business enterprise, here are some of the end uses for Loan Against Property:

  • Personal needs
  • Business needs
  • Working Capital for Business
  • Renovation of property
  • Investments
  • Asset acquisition
  • Consolidation of debt
  • Mortgage buyout
  • Refinance of self-financed property.
Multi-Usage of the Loan-Loan Against Property is one of the most diverse loans you can take. Using your property as collateral, you get access to funds that can address your needs. You have the choice to use the money to expand your business or use it for more personal reasons such as education or wedding. You can even use it to renovate your home or for unexpected medical expenses. It is entirely up to you as you have full freedom.

You still own the property-You use your property only as collateral while you continue to own the valuable asset. Only in the event that you feel that you are unable to repay the loan amount, you get the choice to sell your property in order to settle the loan. However, you have the power to tailor your repayment options to make sure you never have to lose your property.

Choice in property type-You have the choice when it comes to what kind of property you wish to use to secure a loan. Most of the lenders accept both residential, commercial and Industrial properties as collateral. Few lenders also accept land as collateral as well. You can also apply for Loan Against Property if you own the property with other people as long as they are also co-applicants of the loan.



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