Loan against Industrial property at Money Mango

Loan against Industrial property

Loan Against Industrial Property is a handy loan for industries to avail funds for existing and future projects. To run daily basis work in industries, to pay amount for raw materials, for purchasing new items, Banks offer as OD loan or Term loan depends on company requirement. Industy should be in industrial area, should posses all eligible documents like, pollution board, electrical, and safety related documents along with industry documents as mandatory…

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Our Other Products

Home Loan

  • Low interest Rate from 7.49%. Emi from INR 699 per Lakh.

  • Instant in-principal sanction with no documentation

  • Flexible payment plans for your own contribution on your home

  • EMI break, pay only 11 out of 12 Emi's in the 1st 3 year of the loan.

Against Property

  • Low interest rates starting from 8.75%

  • Longer tenure of up to
    20 years
  • Loans for both personal & Business Needs

  • Loan Amount up to INR 10 crores

Balance Transfer

  • lowe EMI payments and lower interest rates.

  • Get Additional top up loan for other requirements.

  • Speedy loan sanction & disbursal for higher savings.

  • EMI break, pay only 11 out of 12 EMI's in the 1st 3 years of te loan.

Plot Loans

  • lowe EMI payments and lower interest rates.

  • Loan to value of up to
    80%
  • Speedy loan sanction & disbursal for higher savings.

  • EMI break, pay only 11 out of 12 EMI's in the 1st 3 years of te loan.

Documents Required

  1. Certificate of Incorporation and Memorandum & Articles of Association.
    Resolution of the Board of Directors 
  2. Latest 3 yr ITR of industry
  3. 1 yr company current (or) saving account statement in case of proprietorship firm.
  4. GST Certificate Or Partnership deed Or Incorporation certificate
    GST returns latest 2 yrs
  5. Copy of PAN card
  6. Copy of the telephone or electricity bill
  1. If existing loans are running – 
        sanction letters with loan statement for 1 yr require ..

  2. For any clarification call us on +91 9611077666
  1. Sale deed 
    Mother deed of previous transactions
  2. RTC – Revenue track records
    Latest property tax paid receipts
    Latest Encumbrance certificate ( EC ) on present ownership
    Industrial Conversion copy of the land
    Industrial Allotment letter
  3. Any development authority approval letter
    Building approved plan 

  4. If any documents clarification pls do call us to clarify on +91 9611077666

EMI Calculator

Document
Amount (Rs.)
Interest Rate (%)
Years (in months)

Loan EMI

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Total Interest Payable

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Total Amount

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Low Interest Rates

RESIDENT

Salaried

7.49%

To

9.99%

Per Annum

NON-RESIDENT INDIAN

Salaried

7.49%

To

9.99%

Per Annum

BUSINESS

Self Employed

8.75%

To

10.99%

Per Annum

PRACTICING PROFESSIONALS

Self Employed

8.75%

To

10.99%

Per Annum

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Frequently Asked Questions

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