Get 1 Crore Loan Against Property @9.5% p.a.

Q: Can I prepay my ₹1 Cr Loan Against Property?

Many lenders allow prepayment with certain terms and conditions. It's advisable to check with your lender for details.

Q: What happens if I default on my EMI payments?

Missing payments can lead to fines, legal trouble, and even losing your property.

Avail ₹1 Crore Loan by Leveraging Your Property!

₹1 crore Loan Against Property is a financial option where you use your property as security to borrow ₹1 crore. It's a way to unlock the value of your property and get funds for personal or business needs. As a borrower, you can use your property as collateral, whether it's a house, office, or shop. Once you meet all the requirements, the loan application is easy and quick and gets your loan approved and disbursed fast.

EMI Calculator for ₹1 Cr Loan Against Property

Loan Amount

51,00,000 25,00,00,000

Interest Rate %

9.5% 15%

Tenure

3 Year 15 Years

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EMI Amount = *

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Interest Rate & Charges for ₹1 Cr Loan Against Property

₹1 Cr Loan interest comes with competitive interest rates starting at 9.5% p.a. onwards. Check out the details below:

Interest Rate	9.5% p.a. onwards
Loan Amount	From ₹51 Lakh to ₹25 Crore
Loan Processing Fees	Up to 2%
Lowest EMI per month	1044* per Lakh for 180 months
Maximum Tenure	3-15 years (12 years for Industrial/Warehouse)
Foreclosure/Prepayment Charges	5% on principle outstanding plus applicable taxes. 5% on principle partly paid amount plus applicable taxes.
Default Charges	24% per annum
Repayment Instrument Dishonour Charges	₹500 per bounce plus applicable taxes
Stamp Duty	At actuals (as per state)
No Other Hidden Charges

Note: Default Charges: Penalty will be charged for non payment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.

₹1 Cr Loan Against Property EMI for up to 15 Years

When you're considering getting a ₹1 Crore Loan Against Property, planning your monthly EMIs is vital. With loan tenure up to 15 years, you have ample time to plan your EMIs and divide them into smaller amounts, making it more convenient. Moreover, you can use our EMI calculator to choose the most suitable loan option that fits your budget.

Required Eligibility Criteria & Documents for ₹1 Cr Loan Against Property

Before applying for a one crore Property Mortgage Loan, it's vital to understand the eligibility criteria and gather the necessary documents. Here are the typical eligibility requirements and documents needed:

Eligibility Criteria:

Property Ownership

Age

Property Type

Income

Credit Score

Property Ownership: You must be the legal owner of the property against which you seek a loan.
Age: Generally, applicants should be between 18 to 60 years old.
Property Type: The property should be residential or commercial, and the title should be clear.
Income: Lenders will evaluate your income to ensure you can repay the loan.
Credit Score: A good credit score can improve your chances of approval.

Required Documents:

Property Documents
Income Proof

KYC Documents
Bank Statement

Property Documents: Proof of property ownership, such as title deeds, property tax receipts, and building plan approvals.
Income Proof: Salary slips, income tax returns, and other documents that demonstrate your financial stability.
KYC Documents: PAN Card/Aadhaar Card/Driving Licence/Voter ID/Passport, and other identity proof documents.
Bank Statements: Statements from your bank accounts, which show your financial transactions and history.

Benefits of ₹1 Cr Loan Against Property

1 crore Loan Against Property comes with several benefits, as mentioned below:

Higher Loan Amount
Attractive Interest Rates

Flexible Repayment Tenure
Multipurpose Use

Higher Loan Amount: Secure a substantial loan amount based on your property's value.
Attractive Interest Rates: Enjoy competitive interest rates compared to personal loans or credit cards.
Flexible Repayment Tenure: Choose a repayment tenure of up to 15 years, making EMIs more manageable.
Multipurpose Use: Utilise the funds for various purposes, such as business expansion, education, medical expenses, or debt consolidation.