Loan Against Property Reviews and Ratings by Borrower

Read reviews, ratings, feedback of Loan Against Property by existing customers in India

Average Customer Rating
3.2/5  by 40 users
Interest Rate
  3/5
Fees & Charges
  3.2/5
Pre - Sales Service
  3.5/5
Post - Sales Service
  3.2/5
Customer Reviews
, Patna
Reviewed on 14th Apr 17
4 / 5 stars
Best
ICICI Bank Loan Against Property Availed in 17-Jan
Good response. Best site in the country. I am amazed by the services. More
, Rohtak
Reviewed on 18th Mar 17
4.8 / 5 stars
Regarding Loan Against Property
HDFC Loan Against Property Availed in 17-Mar
I applied loan against property through my loan care . HDFC sanctioned & release my loan . During this period I experienced that HDFC staff was very c More
, Ghaziabad
Reviewed on 15th Feb 17
3.8 / 5 stars
Overall it was good experience.
ICICI Bank Loan Against Property Availed in 16-Dec
Overall it was good experience. I got the loan within few time with the help of My loan.
More
, Mumbai
Reviewed on 25th Jan 16
1.8 / 5 stars
Kotak lap team is dowright the worst
Kotak Bank Loan Against Property Availed in 15-Jan
We have emailed Mr Mohanty Mr Senivas and their team for last three months with zero reply! It has been the worst experience. More
Reviewed on 03rd Jan 16
2.8 / 5 stars
Average Service
IIFL Loan Against Property Availed in 16-Jan
My experience has been average. The interest rates are high for loan against property and the processing is slow. The customer service is also average More
, Coimbatore
Reviewed on 05th Dec 15
2.3 / 5 stars
Happy
IndusInd Bank Loan Against Property Availed in 15-Dec
I was searching for a possible loan against my property online and found myloancare. When I gave my inputs, it suggested me few banks. Firstly I tried More
, Coimbatore
Reviewed on 04th Dec 15
3 / 5 stars
Good
IndusInd Bank Loan Against Property Availed in 15-Dec
Good follow up from IndusInd bank. Got to know about them through MyLoanCare More
Reviewed on 30th Jul 15
2.8 / 5 stars
Overall Good Service
SBBJ Loan Against Property Availed in 16-Dec
I took loan against property from SBBJ. The customer service was very good. The bank executive helped me a lot in the entire loan process. My experien More
Reviewed on 21st Jun 15
2.3 / 5 stars
Good Service
Capital First Loan Against Property Availed in 16-Dec
My CIBIL score was not in limit. I applied for loan against property in many banks but my application got rejected. Then I came to know about Capital More
Reviewed on 01st Jun 15
3.5 / 5 stars
Good product offering
Citibank Loan Against Property Availed in 15-May
Availed a loan against my residential flat for business purpose. I must appreciate the bank for its customer friendly approach, competitive interest r More
, Bangalore
Reviewed on 01st Jun 15
4 / 5 stars
Shop loan
ICICI Bank Loan Against Property Availed in 15-May
ICICI bank is good. I took shop loan from them. They gave me loan at good rate. Their sales man was also good. He came to my home to collect all my do More
Reviewed on 01st Jun 15
3.5 / 5 stars
Satisfied customer
ICICI Bank Loan Against Property Availed in 15-May
I applied for Loan against my shop and got the loan in 20-25 days. The rate of interest is amongst the lowest offered in the industry at 11.5%. The cu More
Reviewed on 01st Jun 15
3.5 / 5 stars
Customer friendly prepayment option
ICICI Bank Loan Against Property Availed in 15-May
This loan product from ICICI Bank comes with an option to prepay upto 90 % of the loan without any extra charges, even for loan taken in the name of t More
Reviewed on 01st Jun 15
3.5 / 5 stars
Professional approach
HDFC Loan Against Property Availed in 15-May
Professional and Customer friendly approach. The bank helped me in structuring the loan deal in a manner that I could get more loan amount than what 1 More
Reviewed on 01st Jun 15
2.5 / 5 stars
Innovative Loan Offer
Kotak Bank Loan Against Property Availed in 15-May
Very happy with the loan offer which was structured in a manner that I could get more than the loan I required. Also, the sales team was willing to w More
Reviewed on 30th May 15
3.3 / 5 stars
Good customer service
Kotak Bank Loan Against Property Availed in 15-Mar
The bank processed my loan in flat 15-20 days which I think is reasonably fast. The customer executive ensured that he minimised the paperwork and we More
Reviewed on 28th May 15
3.8 / 5 stars
Overdraft facility
Standard Chartered Bank Loan Against Property Availed in 15-Apr
Very attractive interest rate, they also offered me an overdraft facility on the loan which helped me manage my cash position and I could save my int More
Reviewed on 26th May 15
3.3 / 5 stars
LAP
Kotak Bank Loan Against Property Availed in 15-Apr
I love Kotak bank for the simple reason that this bank offered highest loan amount against my income. Their services were also good. Their representat More
Reviewed on 25th May 15
3.5 / 5 stars
Citi bank property loan
Citibank Loan Against Property Availed in 15-Apr
I have my property loan from Citi bank. Their offered me the least amount of loan against my property but it didn't matter to me as my loan requiremen More
Reviewed on 20th May 15
3.5 / 5 stars
High Interest rate
IDBI Bank Loan Against Property Availed in 15-Apr
Slightly high interest rate, but low processing fees and no hidden charges. The loan agent ensured that the we did need to visit the branch only once. More
Reviewed on 06th May 15
3.5 / 5 stars
LAP
Citibank Loan Against Property Availed in 15-Apr
I took my loan against property from Citi bank. They offered me loan for maximum duration (15 years). Before going to a foreign bank, I checked with I More
Reviewed on 29th Apr 15
3.5 / 5 stars
Property loan
Citibank Loan Against Property Availed in 15-Mar
My experience with citi bank for loan against my shop was too good. They were clear about the document required. No unnecessary followup. Also they of More
, Chandigarh
Reviewed on 28th Apr 15
3 / 5 stars
LAP loan
PNB Housing Finance Loan Against Property Availed in 15-Mar
I have taken my LAP from PNB housing. Their interest rates were comparable with other banks. Also they offered better loan amount and also higher elig More
Reviewed on 28th Apr 15
2.3 / 5 stars
High rate and average service
Tamilnad Mercantile Bank Loan Against Property Availed in 15-Feb
The bank loan is average. I paid a very high interest rate but a quick sanction and lesser paperwork requirement. Needed a the loan urgently for busin More
Reviewed on 22nd Apr 15
3 / 5 stars
Low loan ellgibility
Citibank Loan Against Property Availed in 15-Mar
Got the loan at low rate of 11.5%. However, the bank has stringent loan elligibility conditions and offered me a loan which was significantly lower th More
Reviewed on 15th Apr 15
3.3 / 5 stars
ICICI bank is good
ICICI Bank Loan Against Property Availed in 15-Feb
My loan against property is from ICICI bank only because of the fact that they offered me pre payment facility without any penalty. I think this is a More
Reviewed on 15th Apr 15
3 / 5 stars
Good experience
Catholic Syrian Bank Loan Against Property Availed in 14-Mar
I had a small loan requirement of less than Rs 15 lakh. Approached icici bank, but they were not interested. So I went to this bank. The bank was coo More
Reviewed on 15th Apr 15
3.8 / 5 stars
Karur Vysya Bank
Karur Vysya Bank Loan Against Property Availed in 15-Feb
I am a business man and very interested in taking an overdraft facility on my property. I approached a foreign bank for the facility. But after multip More
Reviewed on 08th Apr 15
2.8 / 5 stars
UCO Bank-satisfied
UCO Bank Loan Against Property Availed in 15-Mar
Am a satisfied UCO bank customer. They respond to my queries well and quickly. The rate of interest was little high than other banks, but the processi More
Reviewed on 31st Mar 15
3.5 / 5 stars
Indiabulls - LAP
PNB Housing Finance Loan Against Property Availed in 15-Feb
My application was rejected by multiple banks as I am a small business owner. However it was approved by PNB Housing Finance. Also their executive was More
Reviewed on 30th Mar 15
2.5 / 5 stars
Documentation process difficult
Canara Bank Loan Against Property Availed in 15-Feb
I need a loan against my flat in karnal. Had a banking account with Canara Bank, so decided to go with him. Was convenient, but number of documents re More
Reviewed on 25th Mar 15
3.3 / 5 stars
LAP from SBI
SBI Loan Against Property Availed in 15-Feb
I wanted to take loan from Government bank only. So I took my loan (This is against my property) from SBI bank. Overall experience was good. Not too More
Reviewed on 04th Mar 15
3 / 5 stars
LAP Loan
ICICI Bank Loan Against Property Availed in 15-Feb
My LAP is through ICICI bank as they offered the lowest rate. They offered me loan for 10 years duration. I wanted this loan for slightly more duratio More
Reviewed on 01st Mar 15
4 / 5 stars
pre payment penalty
Axis Bank Loan Against Property Availed in 15-Jan
During my LAP process, I came to know that taking this loan in firm's name and individual name are 2 different things. I took it in my own name as thi More
Reviewed on 01st Mar 15
3.8 / 5 stars
interest saver from Citi bank
Citibank Loan Against Property Availed in 15-Jan
My loan is from Citi bank. Their services were good. Their representative was very professional. He was clear about the requirements. Also he gave me More
Reviewed on 24th Feb 15
1 / 5 stars
Loan Against Property Availed in 15-Jan
I applied for my property loan from 4 banks. However non of them processed it. They ask for registered / free hold property only. This need to change. More
Reviewed on 18th Feb 15
3.5 / 5 stars
loan against rented flat
ICICI Bank Loan Against Property Availed in 15-Jan
I took loan against my second house which is a rented property. They gave me loan amount equal to 50% of the property value which was ok with me. Thei More
Reviewed on 28th Jan 15
3.3 / 5 stars
LAP
DHFL Loan Against Property Availed in 14-Dec
My property loan is from DHFL. They offered me highest amount of loan against my shop. Their rate of interest is on slightly higher side. But I am OK. More
, Hyderabad
Reviewed on 25th Dec 14
5 / 5 stars
LAP @ Citi bank
Citibank Loan Against Property Availed in 14-Nov
Citibank is too good in terms of their services and interest rates. Rates offered by them for my property loan were better than the rates of leading i More
Reviewed on 10th Dec 14
3 / 5 stars
Satisfied with their service
Dena Bank Loan Against Property Availed in 14-Nov
had a working capital limit with Dena Bank and hence approached them for a loan against residential property. The loan process was quick and friendly. More
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Loan Against Property News - Apr 2017
17th Apr 17 Indiabulls plans to restructure its real estate business
According to sources, Indiabulls Real Estate’s board is planning to restructure their real estate business by de- merging their commercial and residential segments into separate companies. The restructuring would help the company concentrate on its key business segments individually and improve its competitive advantage in the real estate sector in the country.
06th Apr 17 Lenders manage to sell bad loans of Rs. 35,000 crore
Leading bankers are estimated to have sold nonperforming assets of Rs. 35,000 crore to various Asset Reconstruction companies during FY17 in a bid to reduce the burden of bad loans and clean their balance sheets. The bad loans were sold on 15-85 ratio, where 15 percent is paid in cash terms and 85 percent is paid in securities.
05th Apr 17 Bank loans to real estate sector shrunk by 50 percent in India in 2016
Report by Knight Frank India has highlighted that the bank loans to Indian real estate sector of sector’s institutional funding requirement have declined to 24 percent in 2016 as compared to 57 percent in 2010. The decline has been caused due to rising NPAs, high risk provisioning and mounting losses in the real estate sector.
31st Mar 17 CIBIL to now help borrowers get best loans
The oldest credit information company TransUnion CIBIL will now offer best loans to the borrowers based on their credit scores and history. CIBIL has started CIBIL Marketplace, a formal way of helping borrowers in securing best loans. CIBIL has tied up with 13 banks to provide retail loans including personal loan, business loan, loan against property, credit card and home loan. With CIBIL Marketplace, CIBIL has created a possible competition for online retail loan aggregators or marketplaces.
29th Mar 17 GST to be levied on rents and EMI on under construction property from 1st July, 2017
Finance Minister has made an announcement that GST will be applicable on leasing of lands, renting of buildings as well on EMIs paid on loans taken for the purchase of under construction property. However, sale proceeds of a housing property has been kept out of GST tax regime. Banking expert at HDFC Bank has pointed told that GST will be applied only on the sale of under construction property as the sale of completed property is not treated as goods and services under GST rules. The new indirect tax regime will be effective from 1st July, 2017.
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