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Kadalundi Bank sanctions secured property loans against self-owned residential or commercial assets with clear titles. Use funds for business expansion, weddings, or medical needs. Loan eligibility depends on income, credit history, and property value, ensuring flexible financing for your goals. Indian residents who are designated as an employee/ professional/ self employed/ income tax assesse/ NRI, with a minimum income of INR 25,000 are eligible to apply.
To apply for loan against property, the bank mandates the submission of the following documents:
| Loan tenure | Annual interest rates | Max loan amount |
|---|---|---|
| 40 years or less | Up till 15% | INR 50000000 |
