Top Banks Offering Loan Against Property with Flexible Repayment...

Top Banks Offering Loan Against Property with Flexible Repayment Options

Postado 2024-11-25 11:29:21

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Apply loan against property is a secured borrowing option that allows individuals to leverage their property to meet financial needs such as education, business expansion, medical expenses, or debt consolidation. It offers lower interest rates compared to unsecured loans, along with flexible repayment terms, making it an attractive choice for borrowers.

Bank Name	Loan Amount	Interest Rate (per annum)	Tenure	Key Features
State Bank of India (SBI)	₹10 lakh to ₹7.5 crore	8.50% onwards	Up to 15 years	Competitive interest rates, overdraft facility available
HDFC Bank	₹10 lakh to ₹5 crore	8.75% onwards	Up to 15 years	Flexible repayment options, quick processing
ICICI Bank	₹5 lakh to ₹5 crore	8.90% onwards	Up to 15 years	Balance transfer with top-up facility
Punjab National Bank (PNB)	₹1 lakh to ₹5 crore	8.95% onwards	Up to 10 years	Minimal documentation, no hidden charges
Axis Bank	₹5 lakh to ₹5 crore	9.00% onwards	Up to 20 years	Flexible tenure, easy top-up options
Bank of Baroda	₹5 lakh to ₹10 crore	8.65% onwards	Up to 15 years	Special schemes for professionals
Kotak Mahindra Bank	₹10 lakh to ₹3 crore	8.90% onwards	Up to 15 years	High loan-to-value ratio, flexible EMI options
Canara Bank	₹1 lakh to ₹5 crore	8.80% onwards	Up to 10 years	Low processing fees, overdraft facility