Loan against property | Ummeed
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Loan against property

Loan against Property

  • Loan against residential and commercial properties.
  • Loan amount from 3 lakhs to 30 lakhs.
  • Tenor from 2 years to 15 years.
  • Borrower should have a bank account.
  • Customer should be more than 25 years of age and not more than 65 years at the time of loan maturity.
  • Should be residing in a city where UMMEED HOUSING FINANCE has an office.
  • Guarantor not mandatory.
  • All the owners of the financed property and all individuals whose income has been considered for the loan have to be the co-applicants to the loan.
  • Loans can be taken for the following end uses :
    • Purchase/Acquisition/Renovation of property
    • Business Purpose (expansion, acquisition of assets, working capital etc.)
    • Higher Education
    • Travel Purpose
    • Balance Transfer of existing Loan against Property
    • Any other lawful end use