Loan Against Property

Get the Best out of your home to fulfill your dreams Unleash the true Value of the property by availing a Loan Against your residential or commercial property. Brief: Loan Against Property (LAP) can be availed by offering Residential / Commercial / Plot / Industrial Property as collateral to the Bank/ financial institution, However the final decision of accepting the said property as collateral is after considering all the parameters as mentioned in the product policy. Type of customer: Salaried / Self Employed / NRI’s / PIO’s / Pvt Ltd Co’s / closely held Public ltd Co’s Property Ownership: Individuals, individually or jointly Partnerships firms (all partners as co-applicants) Proprietorship/proprietor Pvt. Ltd. Co. subject to product head approval (all directors as co-applicants to the loan (Registered Mortgage Compulsory). All owners have to be applicants to the loan All applicants need not be owners of the property.	Get Best Deals Name Your email Phone number Loan Amount Loan Amount Purpose City of Property Property status Property identified
Product details Loan against Residential / Commercial Property Loan against Residential / Commercial Property Customer can avail a loan against residential / commercial property; the maximum funding is up-to 70% of value of property as assessed by the panel valuer of bank. Funding % will differ based on usage of property / No of Units etc.. Loan will be disbursed to our Customer. Few Banks offer Combination of LAP and Over Draft. Lease Rental Discounting: (LRD) Lease Rental Discounting: (LRD) Customer can avail a loan, discounting the rent received from commercial property, maximum funding is up-to 60% - 70% of value of property as assessed by the panel valuer of bank. Funding % will differ based on usage of property / No of Units etc. Profile of Lessee and Lease tenure will be the deciding factor of loan amount. Loan will be disbursed to our Customer. Loan Against Plot Loan Against Plot Customer can avail a loan against Plot; the maximum funding is up-to 40% of value of property as assessed by the panel valuer of bank. Plot needs to be in municipal limits as mentioned in the product policy. Very Few Banks/NBFC’s offer Loans against plots. Loan Against Industrial Property Loan Against Industrial Property Customer can avail a loan against Industrial Property; the maximum funding is up-to 40% - 50% of value of property as assessed by the panel valuer of bank. Property needs to be in limits as mentioned in the product policy. Property to have RCC Structure. Few Banks offer Loans against Industrial Units. ** Multiple Properties can be given as collateral to arrive at maximum loan amount.