Loan Against Property


Loan Against Property is a secured long-term loan against Residential or Commercial Property to meet Personal or Business needs without the hassle to sell a property.

IDFC FIRST Bharat brings you Loan Against Property from IDFCFIRST Bank to meet your important financial requirements such as Business Expansion, Children’s Education, Wedding or Medical Emergency .

Key Features

End-to-end digital application

Quick approval process

Flexible repayment tenures

Seamless Top up & balance transfer facility

Minimal paperwork

Loan against property tailored to diverse needs

Loan Against Property EMI Calculator

Amount

1L 50L

1L

Period

12 Months 180 Months

12

Interest Rate

8.85 % 19 %

8.85%

You will pay Loan Against Property EMI of only ₹3,436/- monthly

Eligibility

Individuals
  • • Self-employed
  • • Salaried
  • • Professionals

Documents required

  • • Any valid identity/address proof such as Passport, Aadhaar card, Driver’s license, Voter Id
  • • Bank passbook & Passport size photograph

Frequently Asked Questions

For what purpose Loan against property can be offered??

Loan against property loans are secured loans granted for the following purposes

  • • Business purpose viz. expansion, acquisition of assets, working capital requirement etc.
  • • Debt consolidation/Mortgage Buyout
  • • Travel/ Education/ Marriage/ Personal needs
  • • Purchase of new property.
  • • Renovation of property/Refinance on self-owned property
  • • Balance Transfer

How do I repay my loan?

Is Co-Applicant mandatory?

What are the income documents required for loan processing?