Loan against
property
घर आपका साथ हमारा

Loans Against Property allow you to tap into the equity of your home to fund business or personal ventures.

Finance your growth and life-event needs with us - be it capital or working capital requirements of your business enterprise, your children’s education, marriage expenses, or emergency medical bills.

Capital India Home Loans helps you leverage the value of your property for any of your financing needs.

Our loans are designed to provide quick and easy credit against residential or commercial property. Leveraging technology-driven process automation, our loan process is simple, fast and hassle-free.

  • Purpose
  • Who can apply
  • Benefits
  • Documents required
  • Maximum loan
  • Interest rates

Loan against property is an ideal and efficient alternative to costlier business and personal loans. It helps you fund your business ventures, working capital needs, emergency business requirements and short-term commercial opportunities in a cost-effective manner.

  • Self-employed
  • Professionals
  • Non-individuals (proprietorship firms, partnership firms, private and public companies)
  • Salaried
  • Expert guidance at your doorstep
  • Simple, quick and hassle-free process
  • Attractive interest rates
  • Easy documentation
Salaried employees
  • Duly filled application form with photograph
  • Age proof (PAN card or passport or any other certificate from statutory authority)
  • Residence proof (Passport or driving license or telephone bill or ration card or election card or aadhaar card)
  • Education qualifications – certificate
  • Last 3 months salary statements
  • Form 16 for last 2 years
  • Last 6 months bank statements (salary account)
Self-employed/professionals
  • Duly filled application form with photograph
  • Age proof (PAN card or passport or any other certificate from statutory authority)
  • Residence proof (Passport or driving license or telephone bill or ration card or election card or aadhaar card)
  • Education qualifications – certificate
  • Certificate & proof of business existence along with business profile
  • Last 3 years Income Tax Returns (self and business) with profit & loss account & balance sheets duly certified/audited by a Chartered Accountant
  • Last 12 months bank account statements (self & business)

 

Fixed Rate of Interest Floating Rate of Interest
Minimum Maximum Minimum Maximum
11.00 % p.a. 20.00 % p.a. 9.00 % p.a. 20.00 % p.a.
*Above rates are currently applicable and are subject to changes from time to time.
FAQs - Loan against property

You can apply for a loan against property if you possess a property and need funds for your business or personal use.

You may choose to take a loan against property to meet any capital needs towards business expansion, day-to-day working capital or personal needs. Since Overdraft/Cash Credit do not claim EMI, the liability carries on for an indefinite period. In loan against property, you can repay through regular EMI, it reduces the burden in an organized manner.

Yes, you can include your spouse or close family member (as per Capital India Home Loan policy norms) as a co-applicant. Even partners in a partnership firm and directors in corporates can be co-applicants. However, if the property is co-owned, all co-owners mandatorily need to be co-applicants.

Any residential or commercial immovable property owned by the applicant or co-applicants can serve as a security. The title to the property should be clear, marketable and free from any encumbrance. The security created on property shall be first and exclusive.

Loan against property is a cost-effective form of loan in terms of a low Interest rate as compared to an unsecured personal loan or business loan. This being a property-backed loan, its tenure is also quite high and similarly the quantum of the loan can also be high depending on the value of the property offered as collateral. A low interest rate and high tenure can make the EMI burden of a loan against property significantly low.

Availing a loan against property from Capital India Home loans is simple. Here is the 3-step process:

  • Step 1: Application submission - Submit the loan application form with all the necessary documents.
  • Step 2: Sanction - You get an approval for a specific loan amount based on your requirement, repayment capability and the value of the property.
  • Step 3: Disbursement – The loan amount is disbursed considering the nature of the transaction. For balance transfer cases it will be favouring the existing financer, for self-consumption cases it will be favouring the borrower.

You can provide your self-occupied, rented, residential or commercial property (shop or office) as collateral.

Yes, prepayment of loan is possible subject to prepayment charges as mentioned in your Capital India Home Loan agreement or schedule of charges.

Yes, you can transfer your on-going loan against property to Capital India Home Loans to avail better loan terms.

Registered Office

2nd floor, DLF Centre, Sansad Marg
New Delhi - 110001.
Tel: +91-11-49546000
CIN: U65990DL2017PLC322041

Corporate Office

713 & 714, 'A' Wing, Kanakia Wall Street,
Andheri Kurla Road, Chakala, Andheri (East),
Mumbai - 400093
Tel: +91-22-4938 5000

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