Shriram Urban Co Operative Bank Limited Loan Against Property

Features & Benefits of Shriram Loan Against Property

• You can get loans between Rs. 1 lakh and Rs. 10 crores with a tenure of up to 25 years. 
• You can enjoy flexible repayment options. 
• There is minimal documentation along with a dedicated relationship manager. 
• You can also enjoy attractive insurance products.

You can smoothly apply for a Shriram loan against property without any difficulties. There is a smooth Shriram loan against property online application procedure. You can get loans against residential property for getting money to cover various types of expenditure including business expansion/consolidation. You can also get the advantage of a competitive Shriram loan against property interest rates.

Shriram Loan Against Property Eligibility Criteria

• Age should be 24-70 years. 
• Self-employed professional or salaried borrower. 
• Minimum monthly salary of Rs. 30,000 is required for salaried professionals along with at least two years of work experience. 
• Self-employed borrowers should be 24-70 and should have three years of experience in their chosen field. 

 

Shriram Loan Against Property Fees and Charges

Processing fees are charged up to 0.50% of the loan amount or Rs. 5,000 whichever is more, along with applicable taxes. Pre-payment fees are zero for individual borrowers as well. 

Documents Required for Shriram Loan Against Property

Here are the Shriram loan against property requirements in terms of documentation. 

Salaried Borrowers

• KYC documents. 
• Salary slips for the last two months. 
• Last 6 months' bank statements with salary credits. 
• Latest Form 16 for one year. 

Self-employed Borrowers

• KYC documents. 
• Last two years’ ITR with financial documents. 
• Director reports/audit reports with regard to companies. 
• Last 6 months business banking details. 
• Partnership deed/AOA-MOA/directors’ list/shareholding pattern. 

How the EMI calculation works for Shriram loan against property?

You can enter or choose your loan amount, interest rate and tenure for getting the monthly amount that is payable. 

How Shriram Compares with Other Lenders?

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

Shriram Loan Against Property Customer Care

You can always contact 18001024345.