Loan Against Property Partners
Andromeda Loans India’s largest loan distributor has a large portfolio of partner banks and financial institutions:
Loan against property (LAP), are basically loans provided by banks against the security of one’s own property. LAP is designed to meet the financial needs of someone who already owns a house or multiple properties so as to get the best out of their assets. Its important to remember that the property which you are putting up for your loan should be free any encumbrance (i.e. it is not given as security for any purpose or any other loan). Andromeda Loans is tied up with many financial institutes and banks; compare the best interest rates and tips to apply for loan against property.
HDFC Bank Limited is an Indian financial services company based in Mumbai, Maharashtra that was incorporated in August 1994. HDFC Bank is the fifth largest bank in India by assets and the largest bank by market capitalization as of 1 November 2012. Loan Against Property can get you a higher loan amount for your business or personal needs with the benefit of lower EMI. With easy documentation, speedy approvals and flexible repayment options, getting a loan couldn’t get easier
ICICI Bank Limited is a multinational financial services company headquartered in Mumbai, India. It is the second largest bank in India by assets and third largest by market capitalisation. Let your property be a shelter to your dreams. ICICI Bank Loan Against Property, is a multi-purpose loan that can be used for your business and personal needs.
ICICI Bank provides 12.05% rate of Interest on LAP.
Axis Bank Limited is an Indian financial services corporation headquartered in Mumbai, Maharashtra. It had begun operations in 1994, after the Government of India allowed new private banks to be established.Axis Bank gives you loan against your property, be it commercial or residential. You can also apply for this loan if you need funds to acquire new property. A take-over of your existing loan with refinancing is also possible with Loan Against Property.
IDBI Bank Limited is an Indian financial service company headquartered Mumbai, India. RBI categorised IDBI as an “other public sector bank”. IDBI Bank brings Loan against property to enable you to unlock the power of your property. You can mortgage your residential, commercial or Industrial property to get a loan & meet all your financial requirements.
Kotak Mahindra Bank
Kotak Mahindra Bank is an Indian financial service firm established in 1985. It was previously known as Kotak Mahindra Finance Limited, a non-banking financial company. Your existing property can help you avail of a loan at interest rates lower than other consumer loans. Avail a Loan Against Property (LAP) today and unlock the potential in your property.
|Banks and Financial Institutes||Rate of Interest||Loan Against Property|
|DCB Development Credit Bank||13.50%|
|Deutsche Bank||11.75% to 13%|
|HDB Financial Services||–|
|HSBC||11.25% – 11.75%|
|Indiabulls financial services||12.50%|
|Axis Bank||13%||Axis Bank Loan Against Property details|
|ING Vysya Bank||12% to 13%|
|Investment Financial Services||–|
|Karvy Financial Services||–|
|Kotak Mahindra Bank||–|
|Reliance Commercial Finance||13.50%|
|Standard Chartered Bank (SCB)||11.25%|
|Tata Capital||12.50% – 13%|
|Electonica Finance Ltd||–|
|Money Matters Finance Ltd.||–|
**Our Other banking partners are: Capital First, Indiainfoline