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Industrial Property Loans

Industrial Property Loan

  • Lenders including Banks and NBFCs offers a Industrial Property Loan by mortgaging a manufacturing unit located in any industrial areas in the country. An industrial property can be a manufacturing unit, Industrial Land, workshop or any other type of property in a defined Industrial zone, owners of a manufacturing unit or workshop can take a loan against industrial property or Purchase for In by offering the industrial property as a collateral security. The funds can be used for business expansion, factory renovation, machinery purchase or other business related activities. Loan to valuation ratio for industrial property Loan can go up to 60% of the current market value of the property, depending on end use of the property and loan eligibility of the borrower/s.

Why choose Industrial property Loans?

  • Unlike a gold loan where you mortgage the gold and compulsorily deposit it to the lender, in a loan against manufacturing unit or other industrial property you continue possessing the property and use it for manufacturing activity, while the loan is running with the lender. A borrower takes the disbursement of the loan only by depositing the title and legal documents of the property to the lender.
  • An ideal product where savings of rentals can be used to pay EMIs for purchasing the property
  •  Lower rate of interest
  •  Higher term of the loan up to 15 years
  •  Lower EMI compare to a project loan or unsecured loan
  •  Easy documentation
  •  Higher loan amount against the valuation of the property.
  •  Faster process
  •  Option to pre-pay the loan.
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