operty can be benefited by either salaried people or the independently employed. NRIs who own either a private or business property either in their name or for the sake of the mate/guardians/kin fit the bill for the advance.
Advance sum: Rs. 10.00 lakhs to Rs. 7.50 crores relying upon the property area.
Pace of Interest: 8.10% p.a.to 9.65% p.a.depending on the business and credit sum.
Pay: Minimum Rs. 25000/ – p.m.
Handling Fee: 1% of the credit sum with a limit of Rs. 50000/ –
#2. Hub Bank Loan Against Property
Salaried/independently employed people and experts over 24 years old fit the bill for the credit.
Advance Amount: Rs.5.00lakhs to Rs. 5.00 Crores
Pace of Interest: 10.50% p.a.onwards
Handling Fee: 1% of the credit sum. Least: Rs. 10000/ –
#3. HDFC Loan Against Property
Salaried people, just as independently employed people who own private or business property, can apply for HDFC Loan Against Property.
Advance Amount: Up to 65% of the market worth of the property
Pace of Interest: 8.90% p.a.onwards
Handling Fee: 1.50% of the advance sum. Least: Rs. 4500/ –
#4. ICICI Bank Loan Against Property
Salaried/Self-utilized people and experts are qualified for the advance.
Advance sum: Need-based.
Pace of Interest: 9% p.a. Onwards
Handling Fee: 1% of the advance sum
#5. Canara Bank Loan Against Property
Singular clients with a decent history, new clients with a decent market report/reliability and NRI clients with inhabitant family members as co-borrowers can apply for the advance.
Advance Amount: half of the market worth of the property. Most extreme: Rs.10.00 Crores
Pace of Interest: 9.95% onwards
Handling Fee: 0.50% of the advance sum. Least: Rs. 5000/ –
#6. Kotak Mahindra Bank Loan Against Property
Inhabitant Indians who are salaried or independently employed people and experts over 21 years old can apply for the advance.
Advance sum: Rs. 10.00 lakhs to Rs. 5.00 Crores
Pace of Interest: according to FICO score.
Pay: Minimum Rs. 40000/ – p.m.
Handling charges: 1% of the credit sum
#7. National Bank of India Loan Against Property
Salaried/independently employed people, experts, ownership or association firms either separately or mutually can apply for the advance.
Advance sum: Rs.1.00 lakh to Rs. 1.00 Crore
Pace of Interest:13.75% p.a.
Handling charges: 0.50% of the advance sum. Least: Rs. 20000/ – for Term Loan and Rs. 10000/ – for overdraft
#8. Punjab and Sind Bank Loan Against Property
People who are charge surveys and matured 21 years or more fit the bill for the advance.
Advance sum: Rs. 1.00 lakh to Rs. 5.00 Crore
Pace of Interest: 9.35% p.a. Onwards
Handling charges: 1% of the advance sum for term advance and 0.50% of the advance sum for overdraft.
Online application for Loan Against Property
In the event that you have picked either SBI Loan Against Property or HDFC Loan Against Property, you can apply online on their authority site by following some straightforward advances.
Access the authority site of the bank
Pick Loan Against Property under the Loans Option
Fill in the obligatory subtleties like occupation, nature of credit, name, portable number, city of home, net month to month pay, boss sort and advance sum required.
Acknowledge the agreements and submit.
The agents of the bank will get in touch with you to take it further from that point
