We bring to you a secured loan pledged against your property as collateral or security. These customized property loans are equally beneficial for self-employed as well salaried individuals.
Also known as mortgage loans, their interest rates are as low as 8% per annum*. Whether it's your unforeseen medical expenses, personal expenses such as weddings, or crucial ones like your child’s education, we enable you to do it all.
We also offer you a simple application process online. Our dedicated team of professionals will facilitate the process for your further convenience.
Features & Benefits
Process To Apply For Loan Against Property
Who can apply?
Documents Required For Salaried Employees:
Documents Required For Self-Employed Individuals
Flats, common apartment, residential house or any other self-occupied residential property
Office buildings, malls, shops, complexes, and other constructed commercial property
No, it's important to insure the property to be used as collateral. Moreover, the insurance cover has to provide protection against calamity and fire-caused damages.
You can apply for a joint loan with another earning co-applicant for increased eligibility and loan amount
High LTV on the market value of both residential and commercial properties
Transparent and convenient process promising maximum speed and great customer support
Personalized and tailor-made according to your individual needs
Serves as an option for multi-purpose usages such as business expansion, child education, personal expenses like vacations or weddings, or a medical emergency
Lower interest rates compared with personal or other types of loans.
Offers tax benefit under section 37 (1) of the income tax act 1961
Ensures maximum utilization of property by allowing borrowers to avail loans up to 50-70% of the value of the property
Ownership of your property remains with the borrower
Quick approval process
Easier process for foreclosure.