OD / CC / DOD as it is often referred to is a loan taken by pledging your existing property as a security. OD / CC / DOD can come in handy when other sources of funding get exhausted.
It is important to understand that a loan against property is different from a Home Loan. While a Home Loan is a bank loan taken to buy a property, a loan against property is a loan secured from the bank by putting up your existing property as a security against the loan.
Depending upon the existing market conditions, the paid up value of the property and other factors, the value of the loan against property can be anywhere between 40-60 % of the property value. Cash in on your smart investments of the past and build a safe future. Take a property loan today and use it for any kind of requirement.
You can easily take Rs 50 Lacs to Rs 10 Cr Loan Against your self occupied Rented/vacant residential or commercial property at very nominal rates ranging from 12 % - 14% with in just 7-10 working days from all the leading bank’s like-