Now put the power of your property to use with “CSB Property Encash” - Loan against property.
Features
- High loan amounts: Get up to 70%* of market value of the property. High loan value of up to Rs. 5 crores*
- Low EMIs and easy repayment options: Our loans also come with longer repayment tenures at attractive interest rates
- Convenience: Simple documentation and speedy processing
- Fulfill your every need: Catered to both self-employed and salaried segments
- Accepted collaterals: Land with residential or commercial/Industrial buildings can be accepted as collaterals
- Customized interest rates: Our 3 tier interest rate mechanism ensures that you get the best interest rate as per your requirement. Competitive and customised interest rates starting as low as 12.02%* p.a.
| PARAMETER | PARTICULARS | |
|---|---|---|
| Eligible borrowers | Resident Indians, Firms, Companies, Societies etc | |
| Purpose | Any legally permitted purpose | |
| Loan Amount | Maximum upto ₹5 crore | |
| Tenure | Maximum upto 15 years | |
| Nature of facility | Term loan | |
| Security | Land with building- Residential / Commercial/Industrial. (Agricultural land will not be taken as security). | |
| Maximum Funding |
1. 70% of the market value of residential land with building / flat** 2. 60% of the market value for Commercial Land with Buildings** 3. 50% of the market value for Industrial Land with Buildings** (**subject to loan eligibility as per financials) |
|
| Income Proof – Salaried professionals |
Resident Indians 1. Latest salary slip / certificate 2. Latest IT Return / Form 16 3. Latest bank statement – 12 months |
|
| Income Proof for Self Employed professionals |
Resident Indians 1. Latest ITR with computation for the last 3 years & financials 2. Latest bank statement – 12 months |
|
*Conditions Apply | All loans at the discretion of the bank | Interest rates are subject to change.
To know more call CSB Phone Banking at 1800 266 9090 (8AM to 8PM)
