Loan Against Property interest rates
While searching for a loan against property, the first question that comes to mind is how much I can get
Residential Property:- Self Occupied - 65% Vacant - 55% Rented - 55% |
Commercial Property:- Self Occupied - 50% Vacant - 40% Rented - 40% |
Note: The amount of loan available against property varies from bank to bank in the range of 5-10%
Banks | Interest Rates | Processing fees |
HDFC | 8.50% to 9.00% | Maximum of 1% of loan amount |
Ing vysya | N.A | 1% |
SBI | 8.45% - 9.50% | 1.00% or Rs.50,000 Maximum |
ICICI Bank | 8.35% - 9.25% | 1.00 % + AT* |
Axis Bank | 10.50% - 11.25% | 1% or Rs 10,000 (whichever is higher) |
PNB HFL | 9.50% - 10.15% | N.A |
IDBI Bank | 8.75% - 9.35% | Up to 1% of the loan amount plus service tax as applicable |
Central Bank | 10.80% | 0.5 % of loan Amount subject to maximum of Rs.40,000.00 |
HSBC | 8.35% | 1% of the loan amount sanctioned or Rs. 10,000, whichever is higher |
LIC HFL | 11.00% | 1.00% of Loan Amount + Service Tax, as applicable. |
Reliance | 13.50% | 1% |
Bank of India | 8.85% - 9.35% | 1% of sanctioned loan amount Min. Rs.5, 000/- and Max. Rs.50, 000/-.Plus S.T. |
Tata capital | 10.10% | NA |
HDBFS | NA | 1% |
Uco bank | 9.70% - 10.70% | Upto 1% of the loan amoun |
Canara Bank | 9.95% - 12.00% | 1% of loan amount with a minimum of Rs.5000 and maximum of Rs. 50,000 |
Disclaimer:Please note that the interest rates given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated .Users are advised to recheck the same with the individual companies / organizations. This site does not take any responsibility for any sudden / uninformed changes in interest rates. Banks/ Financial Institutions can contact us at contact-us for inclusions or updates.