Loan against Property

A loan against property is a secured loan availed against a commercial or residential property kept as collateral with the lender. As the funds come with no end usage restriction, borrowers can utilise the funds for various purposes such as business expansion, wedding, child’s education, etc.

Features of a loan against property
  • LTV of the property loan is 75% – 90% of the current market value of the mortgaged property
  • Comes with flexible repayment tenure up to 20 years
  • Funds up to Rs. 5 Crore are available
  • Simple and easy-to-meet eligibility criteria

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