Loan against property or Property Loan as it is often referred to is a loan taken by pledging your existing property as a security. Loans against property can come in handy when other sources of funding get exhausted.
It is important to understand that a loan against property is different from a Home Loan. While a Home Loan is a bank loan taken to buy a property, a loan against property is a loan secured from the bank by putting up your existing property as a security against the loan.
You can easily take Rs 50 Lacs to Rs 10 Cr Loan Against your self occupied Rented/vacant residential or commercial property at very nominal rates ranging from 12 % - 14% with in just 7-10 working days from all the leading banks like-
Axis Bank
• ICICI Bank
• HDFC bank
• SBI Bank
• Union Bank
• Deutsche Bank