Getting financial assistance at the right time can be the difference between a good year and a missed opportunity. That’s why DCANS Properties gives you Loan Against Property, helps you meet your need with ease. Customised to meet your needs may it be expansion of business, or education for your children – whatever your need, DCANS Properties Loan Against Property can come to your aid. Why look elsewhere when you can count on us.
Features
• High Loan Amounts
Get a loan worth up to 60% of the market value of the property. Our high loan amounts also come with longer repayment tenures, all at attractive interest rates.
• Fulfil Your Every Need
Both residential and commercial properties* are accepted as collateral, and the money from the DCANS Properties Loan Against Property can be used for a variety of personal or business needs.
*Conditions Apply: Acceptable collateral currently restricted to properties bought from us only.
• Easy Repayment Options
With competitive interest rates, you can easily repay your loan.
• Transparent Processing
All our charges are communicated up front, at the time of the processing of the loan. No hidden charges or fees.
• Quick and Efficient Servicing
With our doorstep service, your DCANS Properties Loan Against Property will be processed quickly and easily. Approval in 3 days.
• Benefits for the Self Employed & Entrepreneurs
Self-employed individuals can benefit from our customised loan options and specially designed programmes. When a business owner buys a home with us, he/she can borrow at flexible terms to take their business to the next level.
Eligibility Criteria
The following individuals are eligible to apply for a Loan Against Property:
• Salaried Individuals
• Self Employed
• Entrepreneurs
• Corporate Investors
Documentation
The following documents are required along with your Loan Against Property application:
For Salaried Individuals/Home Owners:
• A copy of any of the following as proof of residence:
- Electricity Bill
- Voter's ID Card
• A copy of any of the following as proof of identity:
- Voter's ID Card
- Driver's License
- Employer's Card
• Latest Bank Statement/Passbook from where you can show a salary/income being credited for the previous 6 months
• Salary slip for the previous 6 months showing all deductions
• Tier I & II Statement for the previous 2 years
• Copies of all the property documents of the concerned property to be pledged for the loan.
For Self Employed Professionals/Entrepreneurs:
• Certified Financial Statement for the previous 3 years
• A copy of any of the following as proof of residence:
- Telephone Bill
- Electricity Bill
- Voter's ID Card
• A copy of any of the following as proof of identity:
- Voter's ID Card
- Driver's License
- Employer's Card
• Latest Bank Statement/Passbook from where you can show a salary/income being credited for the previous 6 months
• Copies of all the property documents of the concerned property to be pledged for the loan.
FAQs
See here.