Axis Bank offers affordable & flexible Housing/Home Loans Online & avail Nil Prepayment Charges, Low Interest, Quick Processing & Flexible Repayment which makes your owning experience of Dream home sweet & stress-free.
Axis name is a prominent bank that offers loan against property for both residential as well as commercial properties and can be availed by salaried, self employed professionals and self employed non professionals.
Online Lowest Loan Against Property interest rates for Axis Bank loans on Login to Loans. India top bank loans providers. Apply Online Loan Against Property is a secured loan in which property is used as a collateral to raise funds from a lending institution. The property being mortgaged can be residential property, commercial property, land, industrial property etc. The loan amount is ascertained by individual banks and is based on the market value of the property. The maximum amount is subject to LTV, which varies from 50-70 % of the market value of the property. For example, if your residential property (self occupied) is worth 100 lakhs in the market, you can avail a loan against property in the range of 60-70 lakhs depending on the lending institution and if you have commensurate income to pay the EMIs.
Buying other property.
Documents required For Loan Against Property
The illustration below indicates what to expect at every step during the loan evaluation process. It helps understand how the credit decisioning works in banks and the steps they take before deciding to accept or reject a loan/ credit card.