If you need a long term loan at reasonable rates of interest Loan against Property is the loan choice for you. You will have to provide an existing residential flat or office property as a security for the loan and the eligibility loan amount will be decided based on your income as well as the market value of the property. You can use the loan for your business, higher education needs, personal consumption needs or any other purpose except speculative purposes. Banks can also offer Loan against property as an overdraft facility where you pay interest only to the extent you utilize the loan. We have a network of providers who will compete to provide you the best deal. You can choose based on the
- Amount of loan available
- Interest Rates
- Lowest EMIs
- Regular EMI loan or Overdraft facility
- Processing and other Fees
- Loan tenure
Or any other parameter that is important to you
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Date : 11 Dec, 2008 Question i want to ask that about two year earlier goverment has passed the bill that a person who is 55 year or above is eligible for taking a loan on his own property and if the person died with in the period of payment of whole installment which is given by respective bank then payment of rest of installment will be transferred to the his son and if his son not able to pay rest of the installment with in certain period of time (time period which is specified by the respective bank) the property will be undertaken by the respective bank. sir i want to know whether this scheme is still exist in banks and if there are banks which provide loan on such scheme please mentioned the name of those banks Answer You seem to be referring to reverse mortgage, a loan agaisnt property available to senior citizens. Yes, the product is available in the market. |
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| 26581 | Hi,I have one flat which has market value of 35 lak I already have loan against(Loan Against Pr | ||
| 26573 | Dear Sirs, Kindly let me know if I will be able to procure loan against properyty by pledging m | ||
| 26563 | I have a flat in kerala,now i want to purchase land by getting loan.which bank gives best inter | ||
| 26547 | dear sir i need home loan against property in allahabad bank gorakhpur so please give me advice | ||
| 26546 | Is it mandatory to submit completion certificate to get a loan? Property is 14 years old and cu | ||
| 26530 | I have a housing loan with Union Bank of India of 3.5 lacs which I had taken 7 years back,now I | ||
| 26520 | Hi , I wanted loan from private finiance who are providing loan becuase we had property worth 2 | ||
| 26505 | I want to take a loan of 10 lakhs against property to start a business.The property is in my fa | ||
| 26503 | I want a loan amount of Rs One Crore for Sandalwood plantation.Where i can apply for the same? | ||
| 26494 | sir/Madam My cousine brother require loan against property ,The property is located at the | ||
| 26458 | Kindly address to my following query: My Client the bidder whose bid was accepted has been giv | ||
| 26446 | Kindly address to my following query: My Client the bidder whose bid was accepted has been giv | ||
| 26436 | hello, dear sir, i requires loan against industrial property i.e. factory shed of with total la | ||
| 26419 | It is right to purchase mortgage agriculture land via a socity developer who is saying that it | ||
| 26399 | dear sir I own a house at a prime location in jaipur worth 4 crores now i want a loan to of aro | ||
| 26388 | sir, I,m looking for a loan of thirty lakhs rupees against 2.5 acre agricutural land in sonepat | ||
| 26351 | Hello this bhargavi. We need loan of 5 Lacks on property whose market value is 20Lacks. Actuall | ||
| 26345 | Dear sir, MY mom have a house in hyderabad whose market value is nearly 20Lcaks but it is not | ||
| 26321 | Sir, I am having a land document. We are going to build the house. But we are not the owners, O | ||
| 26320 | Sir, I need a help related to Indian property law. I bought a land without a house from a pers | ||
| 26305 | sir, i am in need of loan against my property. due to my business slow down i am going for this | ||
| 26294 | please make me available provisions for financing against property of HUF as securtiy (Mortgage | ||
| 26268 | Sir, i am drawing a salary of 16000 monthly and my husand in social work organisation getting l | ||
| 26265 | My father is retired Govt. servant and has got a Residential property worth Rs. 70.0 Lacs. I re | ||
| 26250 | i have a industrial land in nagpur which is under midc. i live in noida. i have taken the posse | ||
| 26248 | can i get a loan against a unconstructed plot? what is the rate of interest? what is the term ( | ||
| 26213 | Respected sir ,i have to construct our Guest house in katra (vd). so pls give me our viws how t | ||
| 26190 | Hi Sir m Can i avail home loan (finance from bank if the proerty i buy i mean falt is on Pow | ||
| 26184 | After my father's death, my mother and my sisters gifted the house to me.I have the notarised g | ||
| 26183 | hi,iam 57 yrs old retired (on 31st jan,2009)paramilitary personnal am i eligible for loan agai | ||