Commercial Property Loan

Apply Online Click Here:- Commercial Property Loan

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.

Commercial Property Loan Interest Rate

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

Up to 15 years

Interest Rate and processing fee by top banks of commercial property loan  

Banks Name

Interest Rate  

Processing Fee

Canara Bank  

11.70%

1%

Bank of India  

8.35%

1%

Bank of Baroda

8.00%

1%

Axis bank Ltd.

7.50%

1%

HDFC Bank Ltd.

7.25%

0.50%

Deutsche Bank

7.50%

1%

Digibank (DBS)

9%

1%

ICICI Bank Ltd

7.25%

1%

Federal bank Ltd.

9.50%

1%

Punjab National Bank  

8.70%

1%

Indian Bank  

8.80%

1%

Kotak Mahindra Bank

7.25%

1%

Documents Required for Commercial Property Loan

• Copy of Aadhar card, Passport, and PAN Card
• Address proof- Permanent address proof, and also if rented
• Bank statement of salary account of last 1 year.
• Complete property documents with MAP + ATS and Chain
• Sanction letter and loan schedule (if running)
• Processing fee cheque in Favour of bank  
• GST Return of 1 year
• Photographs of all the directors
• SSI Registration certificate, Sale, GST, VAT
• Appointment letter and salary slips of last 3 months
• Address proof of company and directors
• List of shareholders and directors with CA certified
• Computation of last 3 years and ITR of all individual directors
• Saving account statement for 6 months of all directors
• Bank statement of company for updated 1 year
• Complete financial with tax audit and annexure of last 3 years.