LIC Professional Loans for Apna Office 2 Scheme: Get Details on Eligibility, Documents, EMI, Offers on Apna Office 2 Scheme of LiC housing finance.
Home Loan applications received for rupees ₹ 419,027 crores till 13 April 2021
Apna Office -2
(Loans to Professional)
|Purpose||:||Finance to Professional for Purchase / Extension / Modification /Renovation of premises for carrying on their own Professional Practice & Purchase of Equipment.|
|Eligibility||:||Resident Indian Professionals. Loans can also be Sanctioned to Company or Partnership firm of such Professional.|
|Loan Amount||:||Min Rs. 50,00,000.|
|Loan Term||:||Maximum 10 Years.|
|Repayment Mode||:||Equated Monthly Installments (EMI) – Monthly Rest.|
|Security||:||1. Equitable/ Registered Mortgage of the Premise for which the Loan is raised.
2. Demand Promissory Note.
3. Personal Guarantee of Directors / Partners, as Applicable.
4. In case of Companies, Registration of Charges in R.O.C.
|Addl. Security||:||Hypothecation of Equipment, if financed|
|Front End Charges||:||1% of Loan Amount + Service Tax, as applicable|