Loan against property (LAP) is a mortgage loan with lower interest rates, which can be used for multipurpose. One can get LAP by mortgaging his commercial property or residential property to lender as a collateral (security). Just like a personal loan, you can use LAP to fulfill your business, or personal requirements.
LOAN AGAINST PROPERTY
Types of Loan we offer
- Mortgage Loan
- Secured Loan
- Loan against Property +OD (Overdraft)
- Loan against residential or Commercial Property
- Loan against property for home renovation/ education/wedding/personal expense.
- Areas We Serve – Home loan is available in these areas – Dehradun, Vikasnagar, Mussorrie, Roorkee, Haridwar, Rishikesh, Saharanpur.
- LAP can also be used to foreclose other existing loans.
- 40-60% amount of the market value of the property is financed for borrower under LAP. Income eligibility for the borrower should be more than Rs. 25,000/- per month.
- Documents in LAP are same as in Home Loans for both salaried individual and Self Employed person.
- There is minimum 7 to 10 days processing time for LAP.
Loan Against Property Intrest Rates
|Bank||UPTO 30 LAKH||30-75 LAKH||75 & ABOVE||PROCESSING FEES|
|HDFC Bank||8.15% -8.95 %||8.00%-8.90%||7.70% – 8.60%*||Maximum of .50% of the loan amount|
|SBI||9.00%||8.75%-10.00%||8.45% – 10.00%||1.00% or Rs.50,000 Maximum|
|ICICI Bank||8.00% – 8.85%||8.00% – 8.60%||7.75% – 8.35%||Rs.5,000- Min to Rs.10,000- Max|
|Axis Bank||8.75%-10.00%||8.50%-10.00%||8.45%-10.00%||1% or Rs 10,000 (whichever is higher)|
|PNB HFL||8.90%||8.90%||8.90%-10.15%||Upto 1%|
|TATA CAPITAL||10.10%||11.00% – 12.75%||10.10%-12.50||0.50 % of Loan Amount|
|GIC HFL||9.75% – 11.80%||9.50% – 11.80%||9.10% – 11.80%||0.50% (case to case basis)+Applicable GST|
|LIC HFL||8.75%-10.00%||8.50%-10.00||7.75%-10.00||Upto 1%|
|Canara Bank||9.95%-12.00%||9.50%-12.00%||9.00%-12.00%||1% of the loan amount with a minimum of Rs.5000 and a maximum of Rs. 50,000|
|ID Proof||Pan Card/Voter ID card||Pan Card/Voter ID card|
|Date of Birth proof||Pan Card/School leaving certificate/High School mark sheet||Pan Card/School leaving certificate/High School mark sheet|
|Address proof||Current and Permanent||Current and Permanent|
|Bank Statement||6 Months Salary Account||12 Months Saving/Current/CC Account|
|Income Proof||6 Months Salary Slip & Form 16||3 yeras financials (ITR/Computation/Balance sheet) and Business Registration Proof|
WHAT WE OFFER
KEY FEATURES OF BDS Pvt Ltd
Thanks a million.Hope you do more than personal loans going forward. Thanks team bds.
Best loan consultant all financial solutions at one hub👍🏼💯
Best financial services and supporting staff
Best financial service provider in dehradun thanks
Very good team and a great support for solving your financial problems .