|CitiBank Loan Against Property Details|
|Loan Amount||Against Residential Property:Rs. 5 lakh to Rs. 5 crore|
Against Commercial Property: Up to Rs. 3 crore
|Loan Tenure||Up to 15 years|
|Processing Fees||Application Fee: Up to Rs. 5000+GST|
Booking Fee: Up to 0.75% of the sanctioned loan amount+GST
Note: The maximum loan amount that a customer can avail is up to 70% of the property value.
CitiBank Loan Against Property (LAP) is a type of secured loan available at attractive interest rates, starting 9.05%. Also called mortgage loan, LAP can be availed by keeping your residential or commercial property as collateral. The mortgage loan from CitiBank can be used for meeting various financial requirements of life like starting a business, investing in property, buying a new house, etc.
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