Loans on Non Residential Property in India
Looking for Non Residential Property loans, So check out details on Interest Rates, EMI, Documents List, Processing Fees & loan amount at Deal4loans.com
It is now equally happy to bring a unique loan product catering to present day professionals – with the help of which they can buy any non-residential property and operate their line of business.
Buy or construct a property if you are a:
- Doctor
- Chartered accountant
- Architect
- Solicitor, etc
Professional Details
Non Residential Property loan eligibility
As a practicing professional, you can avail a loan upto Rs. 500,00,000-/ but not exceeding 85 % of the total cost of the property. The actual loan amount is determined taking into account factors like:
- Repayment capacity | Age | Educational qualifications | Stability and continuity of income
- Number of dependents
- Co-applicant’s income | Assets | Liabilities
- Saving habits, and more
Non Residential Property loan EMI
The tenure of your Home Loan ranges from 1 to 10 years. The term however does not extend 65 years for practicing professionals.
The size of EMI depends on:
- Quantum of loan
- Interest rate applicable
- Loan tenure
