Features and benefits of our loan against property for self-employed individuals

Read on to know why our loan against property is a great option.

APPLY

Features and benefits of our loan against property

All you need to know about our Loan Against Property 00:42 ‌

All you need to know about our Loan Against Property

Watch this video to know everything about our loan against property: Features and benefits, fees and charges, eligibility criteria, and more.

  • Loan amount

    Loan amount of up to Rs. 10.50 crore*

    Avail of a loan amount of up to Rs. 10.50 crore* manage your urgent financial needs. The sanctioned amount will depend on factors like the value of your property.

  • Low interest rates

    Low interest rates

    Self-employed borrowers can avail of low interest rates starting from 9% to 12% (Floating rate of Interest) p.a.

  • Loan disbursal in 72 hours*

    Loan disbursal in 72 hours*

    Your loan amount will be credited to your bank account within 72 hours* of the approval.

  • Tenure of up to

    Tenure of up to 15 years

    Our convenient repayment tenure of up to 15 years makes it easy to manage your loan.

  • Multiple end-use options

    Multiple end-use options

    With no end-use restrictions, you can use the loan amount for a wedding, higher education, business expansion or even for a medical emergency.

  • No foreclosure fee*

    No foreclosure fee*

    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.

  • Externally benchmarked interest rates

    Externally benchmarked interest rates

    You can opt for an interest rate linked to an external benchmark, such as the Repo Rate. Benefit during favourable market conditions.

  • *Terms and conditions apply.

Show More Show Less

How to apply for a loan against property

Video Image 00:46
   

Step-by-step guide to apply for a loan against property

  1. Click on the 'APPLY' button on this page.
  2. Enter your full name, mobile number, and pin code, and choose ‘Self-employed’ as the employment type.
  3. Now select the type of loan that you wish to apply for.
  4. Generate and submit your OTP to verify your phone number.
  5. Upon OTP verification, enter additional details like your monthly income, required loan amount, and if you have identified the property.
  6. In the next steps, enter your PAN number and any other details as requested depending on your selected occupation type.
  7. 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.