What is Loan Against Property?
Loan against Property is an ideal product to raise money when you have owned property which can be mortgaged. This product helps you use your free property to take a loan which can be used for business expansion, working capital or acquiring business assets.
Features of EFL- Loan Against Property
Maximum
Loan Amount
Up to Rs. 3Cr
1
Repayment
Repayable up-to 84 months
2
LTV Ratio
Up-to 70% of the property value
3
Collateral
Industrial property can be used as collateral
4
- Who can get
- Benefits
- Why choose EFL
- How to apply
Industrial & Residential :
How can you improve your chances of getting Loan against Property?
**Based on past EFL customers.
*The above parameters will improve the chances of getting a loan but are not mandatory
*The above parameters will improve the chances of getting a loan but are not mandatory
Benefits of Loan Against Property
Use owned property to generate funds which can be used for business expansion, asset acquisition or working capital
Long term tenure means easy repayment
Why choose EFL for Loan Against Property?
