Loan against property gives the owner of residential or commercial premises to leverage on the value of the property. It offers the ability to unlock funds gives the advantage of looking at the asset as a source of security bringing liquidity and retaining ownership. In case of Home Equity Loans the property should be self occupied by one of income considered applicants. The security of the property ensures competitive rate of interest. The interest component of the EMI paid by SEP / SENP can be booked as expenses in their P & L

Home Equity Loans are provided for many personal requirements of the customer like:

• Marriage
• Child Education
• Business
• Purchase of Property (Where mortgage is not possible)
• Improvement of Property
• Medical Treatment

Home Equity Loans can be availed by Resident Indian who are Self-Employed and also by Non- Resident Indian who are Salaried.