Whether you own a residential, commercial or special use property, it is an asset that can be used as collateral against a Loan, when you have a financial requirement. Monetary problems pertaining to business expansion, child’s higher studies, wedding or medical emergency can strike anytime, but it can be settled conveniently, if you own a property. You can easily secure a Loan by mortgaging your property. Your property can help fulfil your dreams. Avail a mortgage loans at lower interest rates.
Whether you own a residential, commercial or special use property, it is an asset that can be used as collateral against a Loan, when you have a financial requirement. Monetary problems pertaining to business expansion, child’s higher studies, wedding or medical emergency can strike anytime, but it can be settled conveniently, if you own a property. You can easily secure a Loan by mortgaging your property. Your property can help fulfil your dreams. Avail a mortgage loans at lower interest rates.
Amount | Up to 5 Crore |
---|---|
Loan Tenure | 1 to 6 Years |
Interest Rates | Low- Interest Rates |
Eligibility Criteria | Loan Disbursal |
Loan Disbursal | 4 to 5 Years |
Part Prepayment Charges Floating Rate: Nil Fixed Rate: Up to 4% on outstanding principal
Foreclosure Charges Floating Rate: Nil Fixed Rate: Up to 2% on outstanding principal
Penal Interest Usually at 24% p.a. (2% per month on the overdue instalment/s)
LTV Ratio Typically, with an LTV (Loan-to-Value) ratio, the interest rate stands at 24% annually, translating to 2% per month on any overdue installment/s.
Term Loans
Working Capital Loans
Business Expansion Loans
Equipment Financing Loans
Invoice Financing & Bill Discounting
Income Criteria : Minimum salary Rs 25,000
Age Criteria : Limit : 21 -70 years
Credit Score : Preferably 750 and above
Property Type : Residential, Commercial and Industrial properties are eligible
Income Criteria : Minimum salary Rs 25,000
Age Criteria : Limit : 21 -70 years
Credit Score : Preferably 750 and above
Property Type : Residential, Commercial and Industrial properties are eligible
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