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Mortgage Loan -> Loan Against Property
MyLoan
 
Under this programme you can use your commercial/residential property to meet your long/short term funding requirements. This loan programme offers you the flexibility and comfort of repaying the loan for a maximum period of 15 years. Loan against property facility is available against your residential properties, for loan amounts ranging from Rs.10 lakh to Rs.5 crores.  This multi-purpose loan puts funds at your disposal to use as you wish. It unlocks the hidden value in the property you own. The funds can be used for the following purposes:
 
  • Business Expansion
  • Working Capital Requirements
  • Consolidating obligations
  • Renovation / Furnishing of House
  • Medical Expenses
  • Vacation trips
  • Higher Education of your Child
  • Daughter's wedding
 
 
Loan Against Property Comprises