A commercial property loan is a Secured Loan. Bank offers against the pledge of a commercial property. It is the property that an applicant can utilize as a property to start a business or any other commercial enterprise. It can be used for several purposes such as restaurants, hotels, office complex, apartment buildings, condominiums, buying office space, etc.
Rate of Interest
7.25% onwards p.a.
Loan Amount
From Rs. 5 lakhs to Rs. 5 crores
Processing Fee
Up to 1% on loan
Loan Tenure