7/50, Janata Chowk, Ichalkaranji.
Loan Against Property
A Loan Against Property (LAP) is precisely as the name suggests—a loan issued against the mortgage of a property. The loan amount is determined as a percentage of the property's market value. Categorised as a secured loan, a Loan Against Property requires the borrower to provide a guarantee by leveraging their property as collateral. This lending solution offers financial flexibility while ensuring the security of the borrower's property.
Lowest Interest Rates
Smaller EMI
Document Required:
Photo Identity
Address proof & income papers of Borrower and both Gguarantors
Documents related to flat/house purchase repair their search report, valuation etc.
| Sr. No. | Loan | Interest Rate | ||||
|---|---|---|---|---|---|---|
| 1 | Gold Security Loan | 10.00% | ||||
| 2 | House Construction, House Purchase, Flat Purchase Etc | 11.50% | ||||
| 3 | Farm Loans (Agriculture Purchase, improvement Etc) | 13.00% | ||||
| 4 | Auto Mortgage Loans | |||||
| Four Wheelers and all types of vehicles etc. (For Personal and Professional Use) Two Wheeler, Three Wheeler Etc |
11.50% 12.50% |
|||||
| 5 | Old Vechicle Loan (All Kinds of Vehicles Etc) | 13.00% | ||||
| 6 | Commercial, Project Loans and Other Mortgages | |||||
| 6 . A | Loans up to 25.00 lakhs in Aggregate | 12.50% | ||||
| 6 . B | Aggregate Loans of Rs.25.00 Lakhs and Above | 13.25% | ||||
| 7 | Interest from Annasaheb Patil Economic Backward Development Corporation Loans in Repayment Plan Maharashtra State Other Backward Classes Finance and Development Corporation Limit Interest Subsidized Loans Vasantrao Naik Vimukt Caste and Nomadic Tribes Development Corporation Limited Interest Subsidy Loan |
13.50% |
||||
| 8 | Payday Loans and Unsecured Loans From Pygmy | 15.50% | ||||
| 9 | For Deposit Mortgage Loans - 1.00% excess Interest Rate Over Deposit Interest Rate | |||||
Have any questions?
+91 9686411511DICGC INSURES DEPOSIT
The Ichalkaranji Merchants Co-op Bank Ltd.
is registered with DICGC
