LOAN AGAINST PROPERTY LOWEST INTEREST RATE
Hello friends welcome back to LOAN AGAINST PROPERTY LOWEST INTEREST RATE 2024 Desi Profit Off and today we are going to talk about the loan about which we will tell you is loan against property or it is also called mortgage loan and here it is also called property loan. Now this loan against This is a property loan which is considered to be a secured loan and in this you can take loan from the bank by mortgaging any property etc. This loan can be a better option for you than a personal loan. Whatever you have in the property, you can also take the loan amount which is more for a long time.
- Apart from this, the rate of interest is also very low as compared to personal loan and whatever amount you get from property loan, you can use it for your personal leads like marriage etc. For medical expenses, for higher education, you can do the same and in this, the bank provides you a loan up to 55% of your property value, it depends on each bank. Whatever happens in oil, we will give information that we will see the rate of interest of some top banks and what is going on at this time.
For loan against property or mortgage loan, see here what is going on in loan against property, shed etc. What is the rate of interest going on in some top banks, mbfcs and housing finance company? Axis Bank is starting from 9.90, Bajaj Housing Finance is starting from 9.85. Bank of Baroda is starting 10.
Starting from 5 Bank of India is starting from 11.1 0 Bank of Maharashtra is starting from 10.20 Central Bank of India is starting from 11.90 Federal Bank is starting from 12.35 Then here goes Housing Finance Starting from 9.75 HDFC 9.35 ICICI 11.1 0 IDFC In First Bank which if you are related to floating 8.
Starting from Rs 75, it will go up to 16% and if you pay fixed rate of interest, starting from Rs 8.75, maximum will go up to 20%, India Shelter Finance Corporation Limited, starting from 15%, Karur CR Bank which is starting from Rs 10.5. Kotak Mahindra Bank is providing you property loan at the rate of interest which is 9.15, LIC Housing Finance Night Point Six Zero N also Housing Finance 8.99, Punjab National Bank 10.
1 15 State Bank of India 10.35 Tata Capital 9.85 UCO Bank 10.70 and Union Bank of India 10.25 So these are some top banks and housing finance in which you can see the rate of interest etc. What is going on here, now you can take the mortgage loan as per your convenience. But if you want to take interest then what all should you have for it? First of all, your credit score should be very good, it should be above 750, only then the bank will provide you loan on lower interstate. I have to inquire about my loan and compare it with all the banks.
What you need to do is find out which bank is providing you loan etc. at the lowest interest rate. If you take a loan from the same bank in which you have your account, then it will be available to you at a slightly lower rate of interest. Banks can provide now, whatever is available during the festival season, there are many offers available in the banks, whatever is available during the festival season, you can get my interstate pay concession etc. here, so now let us see the details of each bank. Let us tell you about some of the top five banks, before that we would like to tell you about the website whose
The name is Desi Loan, All Banks Loan Offers, see on this apsault you will get other bank offers like Home Loan, Personal Loan, Tax Loan, Two Wheeler Loan, Education Loan, Credit Card etc. As soon as festival offers etc. come, here is the complete update which you will get. You will get links etc. through which you can check the direct offers etc., you can apply online, you can check the eligibility documents etc. and here there are also very good offers etc. for pay credit cards which you can check out like SBI Credit Card is available here you will get ICICI Bank Credit Card.
- If you get IDFC first bank, you get AU bank credit card, then you will get detailed information here, do not forget to visit this website, you will get the link in the description box of the video, which gives you loan against property, also see the rate of interest in it. If it is running less then let us see it one by one today, first of all we will see what is your rate of interest in SBI loan against property, for how many years can you take the tenure, what is the processing charge, then Interstate 10.
- Starting from Rs 35, it will go up to 11.05% and you can take it for maximum 15 years. Processing charges which will be charged here will be ₹ 1000. Now see here what rate of interest you will get according to your CIBIL score. If your CIBIL score is 8 and 800 is above 10.65 750 to 799 10.75 749 at 10.8 650 to 699 10.95 550 to 649.
- 05 And if you are taking a first time loan, then the rate of interest will start from 10.85. What is the eligibility criteria? Should there be a resident union? What follows is minimum 18 years, maximum 70 years. Now let us see the documents here to see what SBI requires. Loan against property and this is what all the documents are, you get almost whatever documents are available in all the banks, first of all you will have to check them, then first of all you will have to give the employee ID card, you will have to fill the application form and give the ID proof. You will have to give Aadhar Card, PAN Card, Driving License
You can give passport, voter ID card, you will have to give resident and address proof, after that you will have to submit property related documents like construction permit, registration agreement, this is only for Maharashtra or you can give stem cell agreement, allotment letter etc. OK You will have to give a pencil certificate, then you can give any of your household bills like electricity bill, maintenance will, property tax receipt etc. Will you have to show the bank account statement? Now see the bank statement related to the account.
- If you have ever taken a loan etc. in the last six months, then you will have to show its loan repayment history for one year. What will have to be shown in the income proof? For salad, you can show your last salary slip and Form 16 of the last 2 years. Yes, you can show this in RTR. Proof of business for non-sensate. Income tax return of last three years. Whatever business you do etc., you will have to show details of business license. Balance sheet, profit and loss account statement, loss rear and TDS certificate. These are some documents required property
Now in loan or mortgage loan, the name of the second bank we are going to see here is HDFC Bank, the rate of interest in HDFC Bank starts from 9.3 and goes up to 12.25%, see here if you are their customer. If you are an existing customer, HDFC will provide you a loan up to 60% of the property value, but if you are a new customer, you will be provided a loan up to 50% of the property value. Loan tenure of maximum is 15 years. You can take the processing fee here. 1.5% of the loan amount will be charged here.
- Which will be up to Rs 4500. Now what is the eligibility? So the minimum to apply here is 21 years. Maximum 65 years. Nationality which is Indian resident. Profession: Any salary, Individual, Self-Employed Professional like Doctor, Lawyer, Architect, Consultant etc.-Oxif Non Professional. Like commission agent, trade contractor, all these people will be eligible to take loan from today onwards, now the next bank that comes is Punjab National Bank, here also you will get loan against property, then Interstate 10 would have started.
The loan amount goes from 15 to 12.50%. Here you can take a minimum of Rs 2 lakh and a maximum of Rs 5 crore. The LTV ratio available here is up to 65% of your property value. The loan will be provided to you, i.e. the value of your property. If it is Rs 10 lakh, then 65% of it means a loan up to Rs 650 thousand, which the bank will provide to you. Here the loan tenure can be taken for a maximum of 10 years. The processing fee will be Rs 0.
75% of your loan amount. The minimum income which is recorded here, for salary, it should be Rs 25000 per month and if you are self-employed, then your annual income should be Rs 3 lakh, which is now on Next Bank. Here comes ICICI Bank also the rate of interest is starting from 11.1.
The loan amount goes up to 75%. You can take a minimum of Rs 10 lakh and a maximum of Rs 5 crore. Here you will be provided a loan up to 70% of your property value depending on the LTV ratio. The loan cannot be taken for 10 years or 15 years. Processing fee will be 1% of your loan amount. What is the eligibility criteria required? Minimum to apply is 25 years. Maximum is 65 years. Either salaried individual or self-load individual. Both individuals can apply from here. Now whichever bank comes next. That comes from Axis Bank where the rate of interest starts from Rs 9.90.
Maximum goes up to 10.35%. Minimum loan amount can be taken up to 5 lakhs and maximum up to 5 crores. Here, if you have a commercial property then you will be provided a loan of 7280% of your property value and if it is a residential property then you will be provided 45 to 60%. The loan will be provided to you up to the limit and you can see here that the maximum I can give is for 20 years. The processing base will be staffed by one person at your place because the maximum which is Rs 10000 will go to you. If the eligibility criteria were required, then the minimum would be to apply further. Age is 24 years maximum is 65 years
And if you do diploma in government or any good company etc., then you can take loan etc. from here. You have to pay income tax, if you file returns etc. then you will be considered eligible from here. Any doctor, engineer, dentist, architect etc. If you can take loan etc. from here, then these are some top five banks from which you can see, what is the rate of Indus going on here, how much is the maximum loan amount you can get, how much is the processing fee, we have told you in the document. What documents will be required from you?