This is a kind of mortgage loan whereby the borrowers can avail of funds by mortgaging their property with the lender. Loan against property can be availed of against both residential and commercial property.
The administration charges for loans against property are higher than for home loans.
The funds can be used by the lender for either business or personal purposes.
The LTV in case of a loan against property can be anywhere between 65% to 70%. Further, the interest rates on loans against property are also slightly higher as compared to those on home loans
We also provide loan against industrial property in Pune Region areas.Its generally around 50% of the value of the industrial property.