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 on LAP.
-
Specially designed products for Self Employed.
Details about HDFC LAP
|
Interest Rates |
9.50% to 10.50% |
|
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/-) |
