Kotak Mahindra Banks Loan Against Property gives you opportunities to raise capital ranging from 10 Lakh to 5 Crore. Your Residential or Commercial property can help you fulfil your personal and business needs by availing our Loan Against Property. It comes along with these beneficial features: Maximum loan amount up to 5 Crore, attractive interest rate, flexible EMI options, processing fees up to 1%, repayment tenure up to 15 years, Overdraft facility, quick loan disbursal with hassle-free documentation. Apply online for loan against property through LoanMoney at attractive interest rates.
Loan Against Property is primarily taken for the purpose of Business Expansion, increase working capital, Debt Consolidation, Purchase of Machinery, Finance your other business requirement. Our Loan Against Property EMI Calculator will help you calculate the monthly EMI instalments for repayment of your loan amount. The factors that are taken into account when calculating Loan Against Property EMIs are your desired loan amount, loan tenure, and the rate of interest.
Kotak Mahindra bank also gives Term Loan and Overdraft facility in Loan against Property. No prepayment/foreclosure is allowed after 6 months EMI. Avail the Mortgage loan from Kotak Mahindra Bank at desirable interest rates. A non-refundable processing fee of up to 1% is charged. You can avail up to 65% of the cost of the asset as Loan.
|Age||21 To 60 Years||21 To 65 Years||21 To 65 Years|
|Loan Amount||10 Lakh To 5 Crore||10 Lakh To 25 Crore||10 Lakh To 25 Crore|
|Tenure||5 To 15 Years||5 To 15 Years||5 To 15 Years|
|Rate of Interest / APR [Annual Percentage Rate]||9.60% Onwords||9.60% Onwords||9.60% Onwords|
|Features||Loan Eligibility Up to 200% Of Income||Loan Eligibility Up to 200% Of Income||Loan Eligibility Up to 200% Of Income|
|Processing Fees||0.50% to 0.75%||0.50% to 0.75%||0.50% to 0.75%|
|Documentation||KYC/Financial(2 Years) & Property Documents.||KYC/Financial(2 Years) & Property Documents.||KYC/Financial(2 Years) & Property Documents.|
For Salaried Employee:
For Self-Employed Non-Professionals:
For Self-Employed Professionals:
|Age(Min-Max)||21 To 60 Years||21 To 65 Years||21 To 65 Years|
|Minimum Income||Min. 6,00,000/- Per Annum||Min. 2,50,000/- Per Annum||Min. 2,50,000/- Per Annum|
|Loan Tenure||5 To 15 Years||5 To 15 Years||5 To 15 Years|
|Maximum Loan Amount||Max. 10 Crore||Max. 25 Crore||Max. 25 Crore|
|Employment/Business Continuity||Min. 3 Years||Min. 3 Years||Min. 3 Years|
|CIBIL Score||Min. 600+||Min. 600+||Min. 600+|
Documents Required for Salaried Employees
Documents Required for Sel-Employed/Professional
|Fee||Amount to be Paid|
|Rate of Interest||9.60% Onwords|
|Loan Processing Charges||0.50% to 0.75%|
|Cheque Bounce Charges||NA|
|Cheque/ Instrument Swap charges||NA|
|Prepayment/ Foreclosure Charges||NA|
|Default Interest Rate||NA|
|Duplicate Statement Issuance Charges||NA|
|Duplicate Amortization Schedule Charges||NA|
|Duplicate Interest Certificate||NA|
|S(Provisional/ Actual) issuance Charges||NA|
Your property can help you fulfil your personal and business needs. Apply for loan against property with Kotak bank at attractive interest rates. Avail it today and unlock the potential of your property.
Loan Against Property is primarily taken for the purpose of Business Expansion, Purchase of Machinery, Debt Consolidation, Funding your other business requirement. We generally offer a loan up to 10 years, however the maximum permissible tenure is 15 Years. We offer Term Loan and Overdraft facility under Loan against Property. For foreclosing the loan, there are foreclosure charges levied which are subjected to bank’s policy.
Loanmoney is one of the leading Loan Agency inDelhi/NCR. We offers all
types of Loans & Credit Cards like
Personal Loan,Credit cards, Home Loan, Business Loan and Loan Against Property .
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