Features

  • Extensive Property Coverage

    Commercial Units, Industrial Units, Shop-houses and Residential Units

  • High Financing Quantum

    Enjoy financing up to 80% of the property's purchase price or current market value of the property

  • Flexible Repayment Period

    Service your loan over a period of 5 to 25 years for new purchases and up to 30 years for property refinancing

  • Additional Funds

    Access additional funds for your business

Eligibility

    For purchase or refinancing of residential properties:

  • Companies, Partnerships, Sole proprietors

  • For purchase or refinancing of commercial or industrial properties:

  • Companies, Partnerships, Sole Proprietors

Documents Required

  • Latest 6 months bank statements
  • Latest 2 years audited financials including Profit & Loss statement and Balance Sheet
  • Latest 2 years Income Tax Notice of Assessment of individuals/ sole proprietors / partners or principals of companies
  • Specific details would be provided by the sales officer

FAQs

  1. What is the maximum tenure of the loan?

    The maximum tenure of the facility is up to 25 years for new property purchase or up to 30 years for property refinancing.

  2. What do I need to give as security?

    We can finance purchase of completed or under construction properties (Commercial Units, Industrial Units or Residential Units).

  3. Can I prepay all or part of my loan?

    You can prepay all of your loan if you provide us with at least 3 months written notice. You can prepay part of your loan if you provide us with at least 1 month written notice. In addition, please note that you will incur a charge of 1.5% on the amount prepaid if you make any prepayment within the first 2 years of the loan disbursement.

  4. What is the interest rate on the facility?

    We offer attractive interest rates on the facility depending on loan amount, credit assessment and other parameters. Further details will be provided by our sales officer.

  5. I have an unencumbered property. Can I obtain a Business Property Loan by mortgaging this property?

    Yes. You can apply for a Business Property Loan to unlock cash from the unencumbered completed property.

Terms and Conditions

Get in touch

Please complete our contact form and we will be in touch as soon as possible.

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Call Us

Call our hotline for further information.

Please call:
1800 743 3000
Or
SMS
BPL to 77222

Locate Us

Visit the branch that is nearest to you.

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