Loan Against Property
dWhat is Loan against Property / Mortgage Loan?
Loan against property is a loan an individual can avail by mortgaging his property. A co-applicant is necessary for a person to apply for loan against property.
Loan Against Property can be used for
Marriage
Education
Business
Debt Consolidation
Purchase of Asset
Interest Rates – Loan Against Property (LAP)
Bank | Rate of Interest | Processing Fees |
Axis Bank | 7.00% – 9.50% | 0.75% – 1.00% + Service Tax |
ICICI Bank | 7.00% – 9.50% | 0.75% – 1.00% + Service Tax |
IDFC Bank | 7.50% – 10.50% | 0.75% – 1.00% + Service Tax |
HDFC Ltd | 7.00% – 9.50% | 0.75% – 1.00% + Service Tax |
LIC Housing | 6.90% – 8.50% | 0.75% – 1.00% + Service Tax |
PNB Housing | 6.95% – 8.50% | 0.75% – 1.00% + Service Tax |
DHFL | 8.00% – 10.50% | 0.75% – 1.00% + Service Tax |
Reliance | 8.00% – 10.50% | 0.75% – 1.00% + Service Tax |
India Bulls | 7.80% – 10.00% | 0.75% – 1.00% + Service Tax |
SBI Home Loan |
6.90% – 9.50% | 0.75% – 1.00% + Service Tax |
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