Retail Finance

Home Loan + Top-Up

Almost all scheduled banks and Housing Finance Companies (HFCs) offer home loans to purchase of house property. Home loan amount can go up to 75% to 90% of the property value depending on the credit profile of the loan applicant. We help you compare the home loan interest rates and other features offered by top banks and HFCs to get the best possible deal

Loan Against Property

Loan against Property (LAP), also known as mortgage loan, allows consumers to raise funds by leveraging their residential, commercial or industrial properties. Like unsecured personal loans, LAP can also be availed for meeting both personal and business needs other than speculative purposes. The loan amount for LAP can go up to 70% of the property’s market value, depending on the lender and the credit profile of the borrowers. Many lenders also offer Lease Rental Discounting (LRD) facility, which allows consumers to avail loan by pledging the rental receipts of their tenants.

Drop Down Overdraft

Dropline Overdraft is a financial instrument that allows a borrower to overdraw funds from his/her current account up to an agreed limit, wherein the withdrawal limit reduces each month from the sanctioned limit. The interest rate is paid only on the withdrawn fund and not on the total borrowing limit. Money can be deposited anytime to reduce the outstanding balance. Interest rate is calculated on a daily basis and is charged at the end of each month.

Commercial Purchase

Financial instruments such as loans has made our lives so much easier in the last decade. A loan makes it possible for us to achieve our dreams, be it purchasing your dream car or a house. Banks have launched new loan schemes over the years to suit the financial needs of its customers and one such loan is loan for commercial shop purchases. This loan offers finances to an individual who wants to purchase a commercial property to set up their shop or business.

Unsecured Loan

An unsecured loan is a loan extended without the need for any collateral. It is supported by a borrower’s strong creditworthiness and economic stability. If borrowers’ default on the loan, they can face strict actions like a poor loan credit score, collection agents or legal actions.