Allahabad Bank Loan Against Property Interest Rates 2019. Get details on per month emi, minimum income, documents list, property list, eligibility loan amount within seconds at Deal4loans.
Allahabad bank Loan against property details
|Loan amount||36 X monthly Salary|
|Interest Rates||11.65% – 13.90%|
|Lowest EMI per Lakh||1498|
|Min. Income||1.20 Lakh annual|
|Min. Loan Amount||5 lakh|
|Max. Loan Amount||2 Crore|
|Repayment Period||9 Years|
Minimum 21 years & maximum 70 years at the time of sanction of loan.
In case of Firms/ Companies/ Society/ Trust, it should be minimum five years old.
Eligibility (Nature of owned property)
Un encumbered Residential or Commercial Property free from all litigation (i.e. litigation with tenant or other occupant) in the name/s of borrower/s & situated at good residential or business centre will be covered in the Scheme. Property should be in the name of the proposed Borrower.
Loan will not be extended against property that have been developed / constructed for the purpose of sale.
Loan will not be extended against Agricultural Property.
Loan will not be extended against Partition Deed.
Open Land under this scheme can also be accepted on the condition that Land is identifiable, demarcated, situated in residential/ commercial area and easily marketable.
Allahabad Bank loan against property EMI calculator
|Loan Amount||Interest Rates||EMI for 9 Years||EMI for 7 year||EMI for 5 Year|