Corporation Bank Loan Against property

Corporation Bank

Corporation Bank Loan against Property

Avail Corporation Bank Loan against property for any large need of money against your existing property at attractive interest rate starting from 11.40% onwards. Corporation Bank is a PSU Bank having Pan India presence with 2600 branches and 3040 ATMs. 

Apply here for Loan against Property

Corporation Bank Loan against Property Eligibility –

  • Individuals in the age group of 18 - 65 years owning residential / Commercial property / Industrial property, land and/or building,
  • NRI, Partnership Firms, Companies , HUF and Trusts are also eligible.
  • Close relative/s may join as co applicant/s to supplement repayment capacity. However, maximum of two co- applicants can join to supplement repayment capacity
  • In case of Firms/Companies/Trusts/HUF, Partners/Directors/ Trustees/Co- Parceners with regular & independent income may join as Co- applicants to supplement repayment capacity
  • Cash accruals/Depreciation also may be added to income, in case of borrowers other than salaried class.
  • Third party Loan against property/property owned by sister/associate concerns  is strictly NOT permitted.

Loan Amount limits

  • Minimum Loan Amount : Rs.2 lakh 
  • Maximum Loan amount: 

Metro

Rs.500 lakh

Port Town[other than Metro ] & Urban Centres  

Rs.300 lakh

Semi Urban  centres          

Rs.25 lakh

Rural centres 

Rs.10 lakh

 

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