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Loan against the Property (LAP – Non retail Loan) –For Listed/Unlisted Companies
- Under this scheme, the financial assistance is provided for companies-Listed/Unlisted against the security of Commercial property – Office premises - already owned/to be purchased with the help of the loan
- The loan amount may be utilized for repayment of existing loans (including takeover)/ Purchase of fixed assets etc.
- Loan is provided for the properties which is completed in all respects.
- Maximum Term offered :- 10 Yrs