What can loan against property be used for?
Loan Against Property is primarily taken for the purpose of Business Expansion,
Purchase of Machinery, Debt Consolidation, Funding your other business requirement.
How can I apply for Loan Against Property?
You can apply for Loan Against Property in following ways:
What property can be considered as collateral for loan against property?
The property which we as a bank accepts are Residential, Commercial (Shops and Offices), Industrial and specialized property.
Can I get any tax benefit on loan against property?
Tax benefit can be enjoyed, but we strongly recommended you to consultant your Tax Consultant for this.
What are the different forms of loans offered under Loan against Property?
We offer Term Loan and Overdraft facility under Loan against Property.