Loan Against Property Hdfc

HDFC Bank brings to you Loan Against Property (LAP). You can now take a loan against your residential or commercial property, to expand your business, plan a dream wedding, fund your child's education and much more.

You can depend on us to meet all your business requirements even to purchase a new shop or office for your business. Loan to purchase Commercial Property (LCP) is a specially designed product to help you expand your business without reducing the capital from your business.

Features and benefits of HDFC Loan Against Property:

  • Loans to expand your business or to meet any personal need
  • Residential & Commercial properties accepted
  • Maximum Loan to value*
  • Flexible product offerings - EMI based loan / Overdraft facility available.
  • High tenure loans for ease of repayment.
  • Attractive interest rates.
  • Specially designed products for Self Employed.

Details about HDFC LAP

Interest Rates 8.50% - 9.00%
Max. Loan Amount 60% of Market Value
Min. Income 12000 P.M
Repayment 15 Years
Pre Payment Charges Nil or 2.5%
Processing Fee Maximum of  1% of loan amount (* Minimum PF of Rs.7500/-)

 

Apply for Best Loan Against Property in Hdfc

Professional Details
Loan Amount:
Occupation:
City:
Annual Income:
Banks up to 30 lacs 30-75 lacs 75 & above Processing fees
HDFC
8.50% to 9.00% 9.75% - 10.50% 9.75% - 10.50% Maximum of 1% of loan amount
SBI
8.45% - 9.50% 9.45% - 11.00% 9.45% - 11.00% 1.00% or Rs.50,000 Maximum
ICICI Bank
8.35% - 9.25% 11.35% 11.35% 1.00 % + AT*
Axis Bank
10.50% - 11.25% 11.00% - 12.10% 11.00% - 12.10% 1% or Rs 10,000 (whichever is higher)

Documents Required for Loan Against Property HDFC:

Salaried Individuals

Self Employed

Proof of Residence - Any one of Ration Card / Telephone Bill / Electricity Bill / Voters Card.

Certified Financial Statement for the last 2 years.

Proof of Identity - Any one of Voters Card / Drivers License / Employers Card.

Proof of Residence - Any one of Ration Card / Telephone Bill / Electricity Bill / Voters Card.

Latest Bank Statement / Passbook (where salary / income is credited for past 6 months).

Proof of Identity - Any one of Voters Card / Drivers License / Employers Card.

Latest 3 Months Salary Slip with all deductions & last 2 years Form 16.

Latest Bank Statement / Passbook (where salary / income is credited for past 6 months).

Copies of all Property Documents.

Copies of all Property Documents.

Source: HDFC Official Website