Top Banks and NBFCs for Loan Against Property

Ever thought that how can you unlock the power of your residential or commercial property? You can do this by mortgaging your residential or commercial property. In return you will get loan from top banks and Non-banking Financial companies (NBFCs) to meet your financial requirements. Loan against property is generally used for business expansion, purchase of house, marriage expenses, medical treatment, or any other personal requirement.

Here are the top banks and NBFCs that offer loan against property at attractive interest rates.

State Bank of India (SBI) Loan against Property

SBI is a public sector banking and financial services company that offers a range of banking products and services. The below mentioned table shall provide necessary details about the loan against property offered by SBI:

Note: The mentioned interest rates, fees and charges are subject to change. ROIs depend on the sole discretion of the company and RBI. GST and service tax shall be levied extra on the mentioned charges.

HDFC Bank Loan against Property

HDFC (The Housing Development Finance Corporation) is one of the leading private sector banks that offer a variety of home loans to its customers. HDFC offers home loan for the purchase of a flat, house, and bungalow from private developers in approved projects. The bank also helps in the purchase of the properties from various development authorities such as DDA (Delhi Development Authority), MHADA (Maharashtra Housing and Area Development Authority), etc.

Note: The mentioned interest rates, fees and charges are subject to change. ROIs depend on the sole discretion of the company and RBI. GST and service tax shall be levied extra on the mentioned charges.

Alongwith, loan against property for salaried and self-employed, HDFC bank also offers following:

• HDFC home improvement loans
• HDFC home extension loan
• Limited home loan for farmers and rural areas
• Home loan for agriculturists
• HDFC rural housing finance.

TATA Capital Loan against Property

TATA Capital is a financial and investment company that offers consumer loans, wealth management, commercial finance and infrastructure finance. The company also offers loan against property at attractive rate of interest to its customers. TATA Capital provides hassle-free documentation process for loan against property.

Note: The mentioned interest rates, fees and charges are subject to change. ROIs depend on the sole discretion of the company and RBI. Plus GST and service tax.

DHFL Loan against Property

Dewan Housing Finance Corporation Ltd. (DHFL) is a housing finance company that offers home loan at competitive rate of interest. DHFL also provides access to affordable housing finance to the LIG and MIG segment of society in semi-urban and rural parts of India. Housing loan from DHFL are available for salaried individuals, self-employed individuals, limited liability partnerships, private limited companies, proprietorship, partnerships and limited companies.

Note: The mentioned interest rates, fees and charges are subject to change. ROIs depend on the sole discretion of the company and RBI. GST and service tax shall be levied extra on the mentioned charges.

At paisabazaar.com you can easily apply for loan against property online.  You can apply for Mortgage Loan offered by various banks and NBFCs at competitive interest rates. You can even check and compare from all the available loan options online. Interest applicants are provided access to check their loan EMIs from the online tool offered by paisabazaar.com named as Loan Against Property EMI Calculator by clicking on this link https://www.paisabazaar.com/loan-against-property-emi-calculator/. Mortgage Loan is the best way to put your residential or commercial at use and meet your financial requirements.