Product Brief

Loan against Residential / Commercial Property:

Brief:

  • Here the 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)

Brief:

  • Here the 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:

Brief:

  • Here the 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 offer Loans against plots.

Loan Against Industrial Property:

Brief:

  • Here the 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.