DFS Groups :: Retail Funding

Loan against Property (LAP)/ Property Power Loan
This is an EMI based loan and it also called Term Loan
It may be a fresh loan, Top-up loan or take-over and enhancement loan.
This Loan can be funded against the following properties:
- Residential Property
- Commercial Property
- Industrial Property
- Warehouses/ Godown/ Cold Storages Property
Loan to Value (LTV)
- Residential property 60-70% of the Fair Market Value
- Commercial Property 50-60% of the fair Market Value
Target market:
- Salaried (Corporate, non- corporate)
- Self Employed (Sole proprietor concern, Partnership firms, private limited companies, Educational Institutions and Hospitals)
- HNI with Huge rental Income from Corporate tenant
Loan Tenure: minimum 5yrs and maximum 15years
Borrower age: Minimum 23years
Business Continuity: Minimum 3 years of continuous operation of business
Minimum Income: Rs. 3 lacs of annual income
Minimum Loan: Rs.50 lacs
Maximum Loan: Rs 50 Crs and in case of LRD Rs.300 Crs