Edge with IFSPL for Loan Against Property
Save on Rent – Buy Your Own Property
With a Loan Against Property, you can acquire your own property for use as an office/ lease it out. This helps lower operational expenses, removes the need for rent payments, and boosts your return on investment (ROI).
Lending Against Owned Property
Unlock the value of your property without selling it and access a significant loan amount with a simple, straightforward process.
Benefits for Your Business Growth
Avail the loan for any purposes including construction, machinery and equipment procurement, business expansion, working capital, and cash flow support.
Flexible Loan Amount
Borrow up to 70% of your property’s market value—giving you the freedom to finance large or small projects
Longer Repayment Tenure
We offer structured repayment options with longer tenures, ensuring that your monthly payments remain manageable.
Co-applicant Structure
You have the option to include your spouse, close relatives, or property owners as a co-applicant for the loan.
Terms and Conditions
- The property must be free from any encumbrances.
- The property must be mortgageable.
- The loan amount is subject to the valuation of the property or repayment capacity of the Borrower (whatever is lower).
- All property papers in the original have to be with the customer at the time of the loan proposal and need to be submitted to us before disbursement.
- The loan-to-value can be a maximum of up to 70%.
Loan Against Property Eligibility
Evaluation on the basis of the Value of the Property, income, and repaying capacity.