Loan Against Property Rate of Interest In India

1
HDFC bank loan against property

• Want to take your business on a new height then
  why are you waiting? Pledge your property to get
  the loan  apply today Get an HDFC bank loan
  against property to fulfil your
  personal and professional needs.

2
Types of HDFC Loan Against Property

• There are three types of HDFC loan against
  property that you can consider are
• HDFC Loan Against Property Fixed Rate Loan Fixed
  rate loan name itself clarifies that it is a
  fixed rate of interest available on this loan. At
  the time of loan application rate of interest and
  EMI will be calculated beforehand. Your rate will
  be fixed, and you must pay on monthly payments
  basic.
• HDFC Loan Against Property Adjustable
  Rate Loan For an initial time rate of interest
  in fixed afterward, monthly or yearly intervals
  takes place wherein loan against property
  interest rates changes.
• HDFC bank loan against property interest rate 
  loan amount

3
What are the factors generally affecting Loan
Against Property Eligibility Criteria?

• There are few factors that generally affects Loan
  Against Property Eligibility Criteria as given
  below -
• Borrower Age - Lenders are concerned about your
  age, because the tenure will be decided on your
  current age, suppose if your age reached nearby
  60 above or will be reaching within a 2 3 years,
  then in this case your loan will be rejected.
• AImpact of earlier loan Rejection - Generally,
  Financial institutions check your record that
  have you ever applied for loan that has been
  rejected, if yes then it will also show on your
  credit profile which will affect your loan
  application.
• Incomplete Property Documents - Incomplete
  Property Documents - Due to Incomplete Property
  Documents you will not get a loan, therefore,
  ensure that you have all the mandatory property
  documents with you like title deed, having
  approval from relevant authority, when you apply
  for loan against property.
• Applicant Income - Might be you are pledging
  your home as a collateral/security even though
  you need to show a regular source of income while
  applying for loan against property.

4
Frequently Asked Questions

• Does loan provide to property without map?
• No, generally lenders wont provide loan to
  property without map as it consists higher risk
  if applicant fails to repay EMI or
  principal amount, they cant able to auction the
  property easily.
• What is the difference between loan against
  property personal loan?
• Personal loan funded totally based on your
  income credit history wherein loan against
  property require property valuation
  whether its in good condition approved so that
  banks  nbfc can able to do funding.