हिंदी में पढ़े
|
Aditya Birla Loan Against Property Highlights |
|
| Interest rate | 8.75% p.a. onwards |
| Loan Amount | LAP- Up to Rs 75 crore
Lease Rental Discounting- Rs 50 lakh onwards |
| LTV Ratio | Commercial property: Up to 60% of the property value |
| Residential property: Up to 70% of the property value | |
| Repayment tenure | Up to 20 years |
Note: Interest rates as of 16th January 2025
Check LAP Interest Rates For Various Lenders Click Here
Table of Contents
Aditya Birla Capital Loan Against property Interest Rates
Aditya Birla loan against property interest rates start from 8.75% p.a. onwards.
Loan Against Property
| Applicant Type | Interest Rate (p.a.) |
| Salaried/Self-employed professionals | 9.00% onwards |
| Self-employed non-professionals | 9.25% onwards |
Lease Rental Discounting
| Applicant Type | Interest Rate (p.a.) |
| Salaried/Self-employed professionals | – |
| Self-employed non-professionals | 8.75% onwards |
Compare Interest Rates on Loan Against Property for Top Banks & HFCs
| Name of the Lender | Interest Rate (% p.a.) | |
| State Bank of India | 10.00-11.30 | Apply Now |
| Bank of Baroda | 10.85-18.60 | Apply Now |
| PNB Housing Finance | 9.25-15.00 | Apply Now |
| IDFC First Bank | 9.00-16.50 | Apply Now |
| HDFC Bank Limited | 9.50-11.00 | Apply Now |
| L&T Housing Finance | 9.50 onwards | Apply Now |
| LIC Housing Finance | 9.50-11.55 | Apply Now |
| Godrej Housing Finance | 9.75 onwards | Apply Now |
| ICICI Bank | 10.85-12.50 | Apply Now |
| Tata Capital | 9.00 onwards | Apply Now |
| Axis Bank | 10.50-10.95 | Apply Now |
| Punjab National Bank | 10.40-12.75 | Apply Now |
Check Lenders Offering Loan Against Property at Low Interest Rates Click Here
Types of Aditya Birla Capital Loan Against Property
Aditya Birla Capital Loan Against Property
Purpose: Individuals can avail Aditya Birla Capital Loan Against property to meet their personal requirements such as medical or marriage, as well as professional requirements such as expansion of business operations.
Loan Amount: Up to Rs 75 crore
LTV Ratio:
| Commercial Property | Up to 60% of property value |
| Residential Property | Up to 70% of residential value |
Tenure: Up to 15 years
Collateral: Residential, Industrial, Commercial and Warehouse property
Aditya Birla Capital Lease Rental Discounting
Purpose: Property owners who have leased their owned properties to receive rent can avail Lease Rental Discounting from Aditya Birla Capital to meet their personal or business requirements.
Loan Amount: Rs 50 lakh onwards
Tenure: Up to 15 years
Collateral: Residential, warehouse and commercial property under lease
Fees and Charges of Aditya Birla Capital Loan Against Property
Foreclosure/Part prepayment charges
| Foreclosure charges | Lock in period is 24 months (No foreclosure allowed) |
| For individuals: NIL | |
| For others: 4% of the principal outstanding amount | |
| Part prepayment charges | For individuals: NIL |
| For others: 4% of the part prepayment in access of 25% in given financial year |
Other fees and charges
| Default penal interest rate | 24% p.a. |
| Cheque Return Charges/ECS/SI/NACH failure charges | Rs 1,000 per instance |
| Cancellation charges | 4% of the loan amount sanctioned |
| Closure charges for OD/LOC (Standard charges) | 4% of prevailing limit at the time of closure |
| Request for document copies | Rs 2,500 per instance |
| Duplicate Statement/ Repayment Schedule / FC statement / any other document held with ABFL request | FC statement: Rs 1,500 per instance |
| RTR: Rs 1,000 per instance | |
| Other statements: Rs 200 per instance | |
| Loan reschedulement | 2% of the prevailing loan outstanding |
| NOC issuance charges per instance | Rs 1,000 |
| Swap/Conversion charges | Rs 1,000 |
| Property swap charges | 3% of the prevailing outstanding loan |
| Stamp duty | As per actuals |
| Legal and other statutory charges | As per actuals |
| Insurance premium | As per actuals |
| Creation charges with ROC | As per actuals |
Check LAP Interest Rates For Various Lenders Click Here
Aditya Birla Capital Loan Against Property Eligibility Criteria
Aditya Birla Capital has not disclosed the eligibility criteria for its Loan Against Property applicants. However, the lender may consider the age, job profile, minimum monthly income and credit score of its applicants while setting its Loan Against Property eligibility, just like many lenders do.
Aditya Birla Capital Loan Against Property Documents Required
Aditya Birla Capital has not disclosed the documents required for availing the loan. However the common documents for loan against property required by most lenders are as follows:
- Passport size photographs
- Identity proof: Adhaar card/Voter ID CARD/Passport/ Driving License
- Address proof: Voter ID/Driving License/Passport/Electricity bill/Telephone bill
- Additional documents for salaried: Last 2 years Income tax returns, 3 months salary slips and 6 months bank statements
- Additional documents for self-employed: Proof of business continuity, last year’s bank statements and statement of profit & loss account
- Property documents