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Commercial Property Purchase Loan (CPPL)

If you are planning to buy commercial property to expand your business, count on us. customers who intent to purchase commercial property for their business. The funds thus procured can help businesses actualise their expansion and diversification goals. The loan for commercial property can be utilized for the start of a new business, the purchase of new premises, expansion of the size and the scope of the current enterprise, etc.

Is a Commercial Property Purchase Loan for you?

The property loan effectively propels your immediate and future financial goals towards successful fruition. You can avail of the funding for various purposes such as for a new office space or a retail outlet, either or both of which may be ready for purchase or under-construction. The commercial property purchase loan can ease the process of acquiring the desired property before market trends push up real estate costs further.

  • Collateral:¬†Commercial property
  • Tenure:¬†Up to 10 years
  • Minimum loan amount: 60% of property value

Salient Features
  • The purchase of a new or existing clinic or office.
  • The extension, improvement or construction of an office or clinic.
  • Transferring your outstanding loan availed from another Bank / Financial Institution.
  • Expert legal and technical counselling to help you make the right property buying decision.
  • Attractive interest rate.
  • Easy and hassle free documentation.
  • Simple repayments through monthly instalments.
  • Integrated branch network for availing and servicing the loan anywhere in India.

Eligibility Criteria

1. Property Value   2. Repayment Capacity   3. Assets   4.Liabilities   5.Age  6.Legal & Technical Clearance of the property title

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