Features and benefits of our loan against property
Different ways to use your loan against property
Be it covering your wedding expense, funding your child's higher education, medical expenses, or taking care of your home expenses. Avail of loan against property and cover all your miscellaneous expenses.
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Loan amount of up to Rs. 10.50 crore*
Manage your big financial needs with a loan of up to Rs. 10.50 crore*. The loan amount will depend on some criteria like your property value.
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Low interest rates
Our loan against property for salaried individuals comes with affordable interest rates ranging from 9% to 12% per annum.
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Loan disbursal in 72 hours*
Your loan amount will be disbursed within 72 hours* of the approval. In some cases, it can be credited even earlier.
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Tenure of up to 15 years
You can manage your loan easily with a long repayment tenure ranging up to 15 years.
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Multiple end-use options
Use the loan to manage your wedding expenses, higher education, or even pay for a medical emergency as it comes with no end-use limitation.
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No foreclose charges*
If all borrowers and co-borrowers are individuals, loan availed on floating interest rates, and loan taken for purposes other than business use, then there will be no foreclosure/ part-prepayment charges.
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Externally benchmarked interest rates
You have the option to link your loan to an external benchmark, such as the Repo Rate. Benefit during favourable market conditions.
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*Terms and conditions apply.
How to apply for a loan against property
Step-by-step guide to apply for a loan against property
- Click on the 'APPLY' button on this page.
- Enter your pin code and click Proceed.
- Provide basic details like your full name and mobile number.
- Choose ‘Salaried’ as your employment status.
- Now select the type of loan that you wish to apply for, your net monthly income, your area pin code, and the required loan amount.
- Generate and submit your OTP to verify your phone number.
- Enter further details like your property location, your current EMI amount/ monthly obligation, and your PAN number.
- Click on the ‘SUBMIT’ button.
That is it! Your loan request is submitted. Our representative will connect with you and guide you through the next steps.
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