Frequently Asked Questions

The value of the property would be determined through a valuation conducted by the Loan Provider Company.

There is a huge difference between a Home Loan and a Loan Agains Property. Home Loan is taken only for the purpose of buying a residential property whereas a Loan Against Property can be taken for any purpose but company given both loan.

The processing of the loans usually takes 3 to 10 working days after logging your file. It also depends on your proposal and documentation.

Yes the property has to be insured against fire, flood, earthquakes and other appropriate hazards during the loan tenor.

The repayment of loan is done through Equated Monthly Installments. It can be paid through Post Dated Cheques (PDC) or Electronic Clearance System (ECS).

We can avail of maximum 90% of the cost of property, including the cost of the land anywhere company lends up to a maximum to maximum. Company offers you loan for agriculture developing construction. Your home commercial developing, industrial project property on lease, take over loan & personal loan.

You can take disbursement of the loan after the property has been technically appraised, all legal documentation has been completed as you have invested your own contribution in full.

You can repay your loan amount in Monthly, Quarterly, Half yearly or Annually installment comprising principal and interest repayment by way of E.M.I.'s commencing from the monthly following the month in which you avail full disbursement.

You can repay your loan in minimum one year from maximum period of 20 years.

The loan should be in carrying a flat interest rate @5 to @8.5% per annum flat rate per annum depend upon customer profile.

Yes, you are eligible for certain tax benefit on principal and interest component of a loan under the income Tax Act, 1961. As the benefits could very, please do check out the current benefits available.

Yes, you can repay the loan ahead of schedule by making part or full pre-payment. Company also offer a facility to a celebrate this will help you to repay your loan faster. This acceleration facility is available free of charge.

1. After survey company will confirm all about the client that he could take loan or not.
2. Company ask for a Guarantor if company needs.