PLR changed from 14.50% Per Annum to 15.00% Per Annum with effect from 01st April, 2023.

LOAN AGAINST COMMERCIAL PROPERTY

Loan Against Commercial Property

Looking for funds for purchasing machinery , increasing stock, expanding business, adding more manpower or any personal reasons like your dream vacation, any unforeseen medical need or a lavish wedding for your son or daughter? At SHFL, we provide wings to your dreams through the Loan Against Commercial Property (LACP) on your marketable commercial property.

Purpose

  • Repair and maintenance of your existing property
  • Extending your existing residential unit
  • Adding a floor or a new room to your existing property

    • Age

  • The applicant/co applicant should has minimum 21 years and maximum 70 years of age

    • Tenure

  • Loan Against Commercial Property is flexible as per customer requirement. Loan Against Commercial Property ranging from tenure 5-25 years are available.

    • Rate of Interest

  • We provide floating rate of interest which is determined as per market conditions and it is linked to our BPLR – Benchmark Prime Lending Rate.

    • Loan Against Commercial Property eligibility

    Minimum loan amount which can be availed from SHFL is Rs 5 Lakh and above. We provide funding upto 60% of Market value. Any salaried or self employed professional/non professional is eligible for Loan Against Residential Property from SHFL. However Loan Against Residential Property amount is calculated by taking various factors as :-

    1. Age
    2. Income
    3. Profile
    4. Saving Habit
    5. Expenses
    6. Repayment Track record

    Benefits of availing Loan Against Commercial Property from SHFL

    1. Funding available across major part of properties under Delhi/NCR
    2. Personalized and Hassle free customer service
    3. Easy Documentation
    4. Transparent Processes
    5. Attractive Rates of Interest
    6. Fast and efficient loan processing

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