Loan Against Property
Any personal/business need (Other than speculation)
Individuals having their own shop/office/gala/any property which is easily marketable and is free from encumbrance.
Quantum of Loan :
Loan Cost Ratio :
Loan will be restricted to 50% of the market value of the property.
Instalment to Income Ratio :
- Maximum Loan Rs.40 lakh
- Actual loan amount will be determined after taking into factors such as repayment capacity, age, stability and continuance of income, number of dependents, co applicant's income, assets/liabilities etc.
- 45% at Branch level
- Above 45 to 50% at RO Level
- First charge on property
- Age of the property not more than 25 years
To know the list of documents required for loan approvals
To know more our rate of interest