ALBION INDIA NIDHI LIMITED Property Loan

Make your dream come true

Let your property be a shelter to your dreams. ALBION INDIA NIDHI LIMITED’s Loan Against Property is a multi- purpose loan that can be used for your business or personal needs. Anyone who is the member OF ALBION INDIA NIDHI LIMITED and owns Residential/Commercial property can apply for LAP.

ALBION INDIA NIDHI LIMITED Offering Mortgage Loan to its members with the followingattractive features:

Loan against fully constructed, freehold residential and commercial properties.
Purpose: For meeting personal needs like, acquiring asset, education needs, marriage, personal travel, etc against the mortgage of residential property/ plot acceptable to us.
Min and Max Loan Size: Every Member can avail loan from Rs. 1,000 to a maximum of Rs. 7.5 Lakhs.
Tenure: Loan tenure of upto 5 years
Interest rates are levied on a daily reducing balance method.
Lowest processing charges.
Quick Processing with Easy and hassle-free documentation.
Simple repayments through monthly instalments.
No prepayment penalties. You can have surplus funds at any time thereby conveniently reducing your loan liability and interest burden.

Loan Slab	Interest Rates (% p.a.)
Residential Properties	12 to 18
Commercial Properties	14 to 20

Terms and Conditions

Security of the loan is a first mortgage of property against which the loan is being advanced and / or any other collateral / interim security as may be required by ALBION INDIA NIDHI LIMITED.
Loan under LAP should be liquidated before eldest borrower attains the age of 60 years.
For detailed information about ALBION INDIA NIDHI LIMITED’s products and services kindly visit the nearest ALBION INDIA NIDHI LIMITED.

ALBION INDIA NIDHI LIMITED Property Loan

ALBION INDIA NIDHI LIMITED Offering Mortgage Loan to its members with the followingattractive features:

Eligibility Criteria for Loan Against Property

Interest Rates