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Loan Against Property HDFC

HDFC Bank brings to you Loan Against Property (LAP)


You can depend on us to meet all your business requirements even to purchase a new shop or office for your business. Loan to purchase Commercial Property (LCP) is a specially designed product to help you expand your business without reducing the capital from your business

Details about HDFC LAP

Interest rates 10.00 - 12.00%
Processing fees 1.00%
Pre Payment Charges Nil or 2.5%
Repayment 15 years
Max. loan amount 60% of Market Value
Min. Income 12000 P.M

Features and benefits of HDFC Loan Against Property:

  • Loans to expand your business or to meet any personal need
  • Residential & Commercial properties accepted
  • Maximum Loan to value*
  • Flexible product offerings - EMI based loan / Overdraft facility available.
  • High tenure loans for ease of repayment.
  • Attractive interest rates.
  • Specially designed products for Self Employed.
Banks up to 30 lacs 30-75 lacs 75 & above Processing Fees

HDFC

10.35% - 12.35%

10.35% - 12.35%

10.35% - 12.35%

Up to 1.25% of the loan amount or Rs. 3,000 whichever is higher, plus applicable taxes.

SBI

10.65% - 11.65% 10.65% - 11.65% 10.65% - 11.65% 2.00% or Rs.50,000 Maximum

ICICI Bank

N.A. N.A. N.A. 0.50% - 1.00% of the loan amount or Rs.2000 whichever is higher

Axis Bank

11.60% - 12.25% 11.60% - 12.25% 11.60% - 12.25% 1% + Service tax as applicable

Indiabulls

11.00% - 14.50% 11.00% - 14.50% 11.00% - 14.50% Up to 1.50% of the loan amount + S. Tax as Applicable

Fullerton

13% 13% 13% 1% of the loan amount
Documents Required for Loan Against Property HDFC:
Salaried Individuals Self Employed
Proof of Residence - Any one of Ration Card / Telephone Bill / Electricity Bill / Voters Card. Certified Financial Statement for the last 2 years.
Proof of Identity - Any one of Voters Card / Drivers License / Employers Card. Proof of Residence - Any one of Ration Card / Telephone Bill / Electricity Bill / Voters Card.
Latest Bank Statement / Passbook (where salary / income is credited for past 6 months). Proof of Identity - Any one of Voters Card / Drivers License / Employers Card.)
Latest 3 Months Salary Slip with all deductions & last 2 years Form 16. Latest Bank Statement / Passbook (where salary / income is credited for past 6 months).
Copies of all Property Documents. Copies of all Property Documents.