Clix Capital Loan Against Property

Features & Benefits of Clix Capital Loan Against Property

You can get loans up to Rs. 50 lakh along with enjoying simple and minimal documentation. Other benefits include doorstep services, call from representatives within 24-48 hours upon filling the application form, and loan tenures up to 15 years. You can also enjoy floating interest rates which will be in sync with market rates.

Eligibility Criteria for Clix Capital Loan Against Property

Here is the prevailing Clix Capital loan against property eligibility criteria that you should keep in mind:

• If you are more than 18 while applying for the loan and under the age of 65 at the conclusion of the loan tenure.
• If you are a salaried or self employed borrower.
• If your annual household income exceeds Rs. 3 lakh.

If you meet these Clix Capital loan against property requirements, then you are certainly eligible.

Clix Capital Loan Against Property Fees and Charges

Pre-payment charges	For less than twelve months, you will have to pay six percent of the outstanding loan amount as prepayment charges. For 12 to 24 months of time frame, you will have to pay five percent of the outstanding principal amount as prepayment charges. For a loan tenure of more than 24 months, you will have to pay four percent of the outstanding principal amount as prepayment charges.
Penal Interest	Maximum of 3 percent on the overdue monthly instalment
PDC/NACH/ESC Bounce Charges	INR  500 (at maximum)
Swap charges	INR 1000 (at maximum)
Loan Cancellation Charges	INR 20,000 in addition to applicable interest rate
Document Retrieval	INR 1000 (at maximum)
Issuance of NOC	INR 500 (at maximum)
Issuance of Statement of Account	INR 500 (at maximum)
Any change or modification	2 percent of the outstanding loan amount

Clix Capital Loan Against Property Interest Rates

You can get a loan against property from Clix Capital at a minimum interest rate of 17%. Clix Capital offers floating interest rates which allows you to save on the interest component when the Repo Rate falls.

Documents Required for Clix Capital Loan Against Property

• Filled-up and signed application form. 
• Recent passport-sized photograph. 
• ID proof (Voter ID, Ration Card, Passport, Aadhar Card, PAN Card, Driving License or any Government ID). 
• Address proof (Any identity proof with address or utility bills of the last two months). 
• Latest pay slip or Form 16 for present year. 
• Self employed borrowers have to provide updated bank statements with savings and entries for the last 6 months and latest Form 16 along with last three months’ salary or income slip. 

How the EMI Calculation Process works for Clix Capital Loan Against Property

You have to enter the tenure of the loan along with the amount and interest rate into the online calculator for obtaining the results, i.e. the monthly EMI amount that is payable. 

How Clix Capital compares with other lenders?

HDFC Bank	8-8.95% per annum
SBI	8.45-10% per annum
IDFC First	8% per annum and upwards
ICICI Bank	8.35-10% per annum

Clix Capital Loan Against Property Customer Care Number

You can contact 1800 200 9898.