Loan against property is secured loan mortgaging residential, commercial, industrial properties or plots. For eligibility one should owned any property residential/commercial/industrial/plots.
|
TYPE of LOAN |
RESIDENTIAL Property |
COMMERCIAL Property |
INDUSTRIAL Property |
PLOTS
|
|
RATE |
From 9% |
From 9.1% |
From 9.5% |
From 10% |
|
TENURE |
5 to 15 years |
5 to 15 years |
5 to 15 years |
5 to 15 years |
|
Processing fee |
Up to 1% |
Up to 1% |
Up to 1% |
Up to 1% |
|
Stamp duty |
0.5 % |
0.5 % |
0.5 % |
0.5 % |
