The HDFC Bank offers loans against properties that can be utilised to meet personal expenses as well as fulfil your business goals. These loans demand a property, be it residential or commercial, as collateral. One can get 60% of the property value as a loan at competitive interest rates with enormous customising options.
The process is a speedy loan approval event at low EMI payments and is thus a perfect solution not just to meet your loan term goals but also meet urgent financial requirements. These loans can be opted for by both the salaried and self-employed people.
At loanbaba.com, you can access free-to-use HDFC Bank loan against property EMI calculator, check your HDFC bank loan against property eligibility, compare loan against property interest rates in HDFC Bank. You can apply for loan against property online at our website.
Following table shows the charges and interest rates of the loan:
| Charges | Loan Against Residential or Commercial Property | Loan Against Rent Receivables | Dropline Overdraft Against Residential or Commercial Property |
|---|---|---|---|
|
Rack Rate of Interest Range Marginal Cost of Funds based Lending Rate (MCLR) |
MCLR + 1.95 % to MCLR + 2.45 % |
MCLR + 1.70 % to MCLR + 2.20 % |
MCLR + 2.45 to MCLR + 2.95 % |
| 10.1 % to 10.6 % | 9.85 % to 10.35 % | 10.60 % to 11.10 % | |
| Loan Processing Fee | Up to 1% of the loan value. | At least 1% of the loan value. | Up to 1% of loan amount |
