Avyud Finance facilitates Loan Against Property from Bandhan Bank with minimum Documents. Funds borrowed from Bandhan Bank Loan Against Property can be used for expansion of existing business, starting a new business, consolidating your debts or for your personal uses like a wedding in family, higher education of a family member, house renovation etc. The maximum loan to valuation ratio it offers is 80 percent for a maximum loan tenure of 15 years.
₹
500000
36
months
10
%
Monthly EMI
₹
₹ 32,124.56
Total Interest
₹
10,622.78
Principal Amount
₹
500000
Payable Amount
₹
160,622.78
Pay No. |
Begining Balance | EMI | Principal | Interest | Ending Balance |
---|---|---|---|---|---|
1 | 150000.00 | 32124.56 | 28637.06 | 3487.50 | 121362.94 |
2 | 121362.94 | 32124.56 | 29302.87 | 2821.69 | 92060.07 |
3 | 92060.07 | 32124.56 | 29984.16 | 2140.40 | 62075.91 |
4 | 62075.91 | 32124.56 | 30681.30 | 1443.26 | 31394.61 |
5 | 31394.61 | 32124.56 | 31394.64 | 729.92 | -0.03 |
Your monthly disposable/surplus income will be considered
You can choose the maximum repayment period of 15 years.
The minimum age of the loan applicant should be 23 years; the maximum age should be 65 years or retirement age, whichever is earlier, at the time of loan maturity.
Yes, top up loans can be availed through the balance transfer facility. However, get in touch with the bank to know the top up amount.
No, Bandhan bank does not offer a concessional loan against property interest rate for women.
Yes, the bank offers a balance transfer facility through which you can transfer your existing loan. You can do so if you are not happy with the concerned bank’s services or the interest rate charged. In such cases, you can transfer the amount and pay your loan with lower rates.
Note: This content is taken from Bandhan Bank website