Avail ANP WEALTH's loan against property for your personal or business needs. Both residential and commercial properties can be mortgaged for taking a loan against property.
You can apply individually or jointly for a Loan Against Property. All owners of the property will have to be co-applicants. However, all co-applicants need not be co-owners. Generally co-applicants are close family members.
Following are the documents you would need to submit for all applicants / co-applicants along with the completed and signed Application Form for the Loan Against Property approval:Valid Passport
The principal outstanding on all existing loans and the Loan Against Property being availed should not cumulatively exceed 60% of the Market Value of the mortgaged property as assessed by ANP WEALTH.
Loan Against Property being availed should not, generally, exceed 50% of the Market Value of the property, as assessed by ANP WEALTH.
You may spread out your payments for the loan over a maximum term of 15 years. The tenure of the loan is also dependent on the customer’s profile, age of customer at maturity of loan, age of property at loan maturity, depending upon the specific repayment scheme as may be opted and any other terms which may be applicable based on prevalent norms of ANP WEALTH.