Commercial Property Loan
We have developed the product Loan for Commercial Property with an objective of facilitating the purchase, extension, improvement or reconstruction of a commercial property. Esaar India’s commercial loan will help you own the workplace of your choice so that you can take a step closer to your business goals. We offer attractively priced product with an attractive rate of interest. We also offer the Loan for transferring your outstanding loan availed from another Bank or Financial Institution on attractive terms. We also provide the facility to apply individually or jointly for the loan. The joint owners of the property as well as any close family member an apply for the loan together.
We offer products for the following purposes-
- For construction and purchase of Commercial Property
- Repair and renovation of Commercial property
- Plot Purchase and Construction thereon
- Loan against Property
- Balance Transfer Facility from other Financial Institutions
Our product also covers the following segment of customers:-
- Self-employed professionals like doctors, lawyers, chartered accountants, architects etc
- Self –employed proprietor like traders, agents, contractors etc.
Products are offered for construction, purchase, repair and renovation of Commercial Property along with balance transfer facility. This product is available at attractive interest rates for corporates, partnership firms, self-employed professionals & proprietorship based on their credit assessment and history.
Customers get the benefit of customised loan eligibilities which matches their actual repayment ability thereby helping in meeting requirements in a better way.
Eligibility is determined on some factors like- Age, financials, qualification, nature of business or profession, cash flow, future viability of income, history of loans acquired and their repayment track etc. Loan will be sanctioned after field investigation, verification of documents and assessment of proposal.
All charges, taxes, levies etc. applicable as per the prevailing rate will be charged over and above these charges. This statement of charges is as on date of disbursement and is subject to change in future.
*The rates, fees, charges etc as stated herein above are subject to changes / revision from time to time at the sole discretion of Esaar (India) Limited. The Company will update the changed version on its website from time to time.
The Rate of Interest will vary depending individual credit assessment of the customer and will be at the sole discretion of Esaar (India) Limited.