Secured Business Loan
For the purpose of obtaining a loan against property, both residential and commercial properties may be mortgaged. Loan against Property loans from Rupitol Finance comes with a number of advantages.
We give the adeuate value to your collateral.
Using your property as collateral to obtain a loan is a convenient way to fund your business or meet your personal needs. Rupitol assists you in leveraging your property to meet your needs.
Why should you opt for Rupitol Loan Against Property ?
A Loan against Property is a loan secured by the lender's ownership of residential property.
Rupitol Finance uses cutting-edge loan programmes to provide families with low-income finance solutions that are affordable and tailored.
Don't worry if you need a loan but lack sufficient income documentation. You can phone us, and we'll be available to you at all times.
We elevate your MSME by:
- Financing Business and expansion plans i.e. taking a loan for business
- Performing construction of semi-constructed business unit.
- You can now obtain a hassle free loan against property with quick approval and disbursement.
Have any Questions?
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ELIGIBLITY1
- Salaried and Self Employed Professionals
- Minimum age is 21 years at the time of loan application, and maximum age is 65 years or retirement at the time of loan maturity.
DOCUMENTS REQUIRED
A salaried employee needs to provide the following documents:
- Application form with all required details filled in and application fee Identity proof such as PAN card, Voter ID, Adhaar Card, Passport
- Address proof such as electricity bill, utility bill, ration card
- Latest salary slip, if applicable
- Bank passbook or bank account statement
- Income Tax returns, if applicable
- Copies of the property papers
| PARTICULARS | CHARGES | PARTICULARS | CHARGES |
|---|---|---|---|
| PROCESSSING CHARGES | upto 4% | LOAN SURAKSHA BIMA | as per actuals |
| Property Insurance | as per actuals | LEGAL CHARGES | INR 2000 |
| other charges | As per actual norms | STAMPING CHARGES | As per actual norms |
| VALUATION CHARGES | INR 1500 | LOD CHARGES | INR 1500 |
| SOA CHARGES | INR 2000 | PREPAYMENT CHARGES | 5% on Princ. Due amt |
| FORECLOSURE CHARGES | 7% on Princ. Due amt | NACH /cheque BOUNCING CHARGES | INR 1000 |
| Collection CHARGES | INR 1000 (IF DELAYED AFTER 15 DAYS) | Loan Cancellation charges | INR 5000 |
| LATE PENAL CHARGES | 1% ON Due amt |
