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

No Login fee*

Loan against your home or business assets

Quick digital processing

Higher loan to value for your property

Loans tailored to your need with minimal documentations.

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?