Loan Against Property

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LOAN AGAINST PROPERTY

A secured Loan. Borrower provides Guarantee by using his Property as Security.

Now Right Bank will come at your doorstep for Loan Against Property (LAP). Loan from INR 10 Lacs onwards depending on your needs, Borrow up to 100% of market value of the property, Flexibility to choose between an EMI based loan or an overdraft. High tenure loans for ease of repayment. Cheapest interest rates. Simple and speedy processing. Loan for salaried, self-employed individuals & Businessman. Loan for Personal & Business use also.

Features & Benefits :

• Residential, Commercial and Industrial Property can be Mortgaged

• Maximum Tenure 15 Years Term for Loan Against Property

• Quick Process

• Low Interest Rate

Documents :

• ID Proof ( PAN Card , Aadhar Card , Passport, Driving Licence) for Applicant & Co-applicant

• Latest Residence& Office Electricity paid bill

• 1 Year Current Account Bank Statement

• 2 Years ITR with Computation of Income for Self Employed

• All Existing Loan Sanction Letter

• Business Profile

• MOA / AOA

• Partnership Deed in case of Partnership Firm

• Shareholders pattern on Company Letterhead for Private Limited Company

• Sundry Debtor & Creditor List for 1 Year

• Property Paper ( Chain of Agreement & Share Certified) / Draft Agreement Application Form with Photograph for Applicant and Co-applicant

• Professional Fees Cheque

Rate of Interest : 10 % to 12 % depending on Customer Profile