Put your investments to right use. Now avail loan against property that you own. We provide you loan facility against a fully constructed residential property for business expansion or personal use like medical emergency/marriage expense/education to name few.
- You have to be an Indian Resident
- You have to be of minimum 21 years at the time of application
- You can be a salaried or a self-employed individual
- Your loan eligibility will be derived on basis of your repayment capacity as well as the value of property under consideration
- Business Needs
- Marriage, medical expenses and other personal needs
- Your retirement age will be considered if you are salaried
- Your age at maturity will be considered if you are self- employed
- Minimum loan amount is 1 Lac &
- Maximum loan amount is 150 lac
- Subject to 60%* of the property value and repayment capacity of the borrower
- Electronic Clearing System (ECS)/Post Date Cheques (PDC) /NACH
Rate of Interest
- We offer you floating rates, which are linked to Shriram Housing’s Prime Lending rate (SHPLR). Currently, SHPLR is 15%.