Loan Against Property

A Loan Against Property is a secured loan that helps you access funds by mortgaging your eligible property. The funds can be used for a wide range of personal or business requirements, subject to the Bank's eligibility criteria and applicable policies.

Yes. A Loan Against Property can be used for business expansion and various other business funding needs.

You can avail a Loan Against Property by mortgaging eligible residential or commercial properties, subject to the Bank's assessment and policy guidelines.

Companies, Partnership Firms, LLPs, retailers, traders, manufacturers, service enterprises, self-employed professionals, farmers and other eligible entities can apply, subject to the Bank's eligibility norms.

You can avail funding ranging from ₹2 Lakh to ₹2 Crore, subject to the property's value, income assessment and eligibility criteria.

Yes. Loan Against Property is available for both registered and unregistered business entities, subject to eligibility criteria and verification requirements.

Typically, you need a loan application form, KYC documents, income documents and bank statements. Additional documents may be required based on the applicant profile and property offered as security.

Eligibility is assessed based on factors such as business income, repayment capacity, property value, credit profile and other applicable assessment methods.

Your EMI is calculated based on the loan amount, applicable interest rate and repayment tenure selected at the time of loan sanction.

Yes, prepayment and foreclosure options are available. Applicable terms, conditions and charges will be governed by the Bank's prevailing policies.

Top-up funding may be available subject to the Bank's assessment, eligibility criteria and prevailing policies at the time of application.