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Your property builds worth both emotionally and economically with time. Loan Against Property you can leverage the economic worth of your property while ongoing to enjoy occupancy of the same, so that you get instant finance to meet a variety of personal and business needs. With Loan Against Property you can move up funds for your business and personal use as and when required.
The term Loan Against property refers to a condition in which the borrower takes a loan from a bank or financial organization where the security for the loan is a property that is owned by the borrower. If you own a precious asset in the form of house (self occupied, rented or vacant) or a commercial property you can go for a Loan against property is a multi-purpose loan with longer term and lesser rate of interest.
Bank |
Loan Against Property Rate |
Processing Fee |
SBI Loan Against Property |
10.00% |
1.00% |
HDFC Loan Against Property |
9.60% |
1.00% |
ICICI Bank Loan Against Property |
9.50% |
Min Rs. 5,000 - Max 1.00% |
Axis Bank |
11.00% |
Min Rs. 5,000 - Max 1.00% |
Citibank |
8.50% |
0.25% |
Indiabulls |
10.50% |
1.00% |
PNB Housing Finance |
9.99% |
1.00% |
Standard Chartered Bank |
9.50% |
1.00% |
DBS Bank |
11.65% |
Min 0.50% - Max 1.00% |
Kotak Bank |
9.50% |
1.00% |
IDBI Bank |
9.90% |
1.00% |
DHFL |
12.00% |
Min 15000% - Max 2.00% |
IDFC Bank |
9.35% |
1.00% |
Yes Bank |
10.00% |
1.00% |
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