Private Mortgage Loans in Bangalore
We offer private mortgage loans against the property in Bangalore through private lenders/finance for various business & personal uses. This private loan can be raised against the:
- Residential House/Bungalow
- Commercial Office/Shops
- Industrial Factory (Freehold)
- Plots having a boundary wall
Sometimes, due to some present or past CIBIL issues, a borrower is unable to get funding from conventional banking, so they require a loan from private lenders to fulfill their business & personal needs.
We offer private loans against property to clients who are having issues in the repayment of the present or past loans, due to which their credit score is affected, so unable to get loans from the banks & NBFCs.
It is ideal for:
- Have a low or poor credit score
- Need urgent capital for business
- Are self-employed with unstructured income proof
- Struggling with the banks for a loan
- Companies/Individuals with existing loans or NPAs
- People requiring bridge loans or short-term capital
- Builders & Developers
This private loan can be used for:
- Purchasing raw materials
- Vendor payments
- Working capital
- To clear overdues/closure of an existing loan
- Take over an existing loan
- Other business uses
Key Features of Private Mortgage Loans
- Loans starting from Rs.1 Crore to any higher amount
- 50 % of the Valuation
- Available for SMA1, SMA2 & NPA clients also
- Bad credit cases are also considered
- Can be utilized for OTS payment also
- Repayment period of up to five years
- A moratorium period is also provided
- Maximum processing time is ten days
- Simple mortgage of property
Call us today if you are from Bangalore and require a private loan against your property in a short time.
