Standard Chartered Capital Limited

Key Features

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    Dedicated Sales Manager

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    No Hidden Charges

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    Easy Balance Transfer with flexible tenure

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    Competitive Interest Rates

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    Flexible collateral option

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    Doorstep service

Loan Against Property

Why SC Capital

Now it is simple to unlock power of your property and fulfil your business aspiration through our Loan Against Property. Self-employed segment including business enterprises can avail funds up to ₹ 20 crores for meeting various business & personal expenses. If you have already availed a Loan Against Property with another financier, you can transfer it with ease & enjoy amazing benefits like the top-up facility.

Balance transfer with top-up

Transfer Your Existing Loan Against Property To Us And Ease Your Emis With Simplified Balance Transfer Solutions At Reduced Rates With Top-Up Facility.

Lease Rental Discounting

Lease Rental Discounting Facility Helps Clients In Availing Loan Against Future Rental Income Receipts Obtained From Leased Contracts With Corporate Tenants.

We offer Loan Against Property at attractive rate of interest to ensure that your EMIs are affordable throughout the loan tenure. Our loan application process is simple and convenient with minimum documentation and no hidden costs.

Our fees and charges are transparent and mentioned as below:

Schedule of fees and charges Details
Processing fee 1% of the sanctioned loan amount plus applicable taxes
Foreclosure / Part Payment Charges Post completion of lock in period of 12 months from date of disbursement, the facility shall attract foreclosure charges (on outstanding amount) and part payment charge (on amount pre-paid) of 4% plus applicable GST. No foreclosure / part-payment allowed in first 12 months of loan set up

No foreclosure / part payment charges applicable on floating rate loans to individuals for personal use (where borrower is individual, with or without co-applicant)
Penal Charges for Cheque / ECS / NACH / SI bouncing ₹ 550 plus applicable tax
Penal Charges on default payment 24% per annum plus applicable taxes
Penal Charges for non-submission of documents INR 10,000 + applicable taxes per quarter

Businessmen (as in proprietorship firms) and salaried promoter-director. Self-employed professionals, i.e. doctors, architects, engineers, and chartered accountants

Age of Applicant/ Co-applicant between 21 to 70 years

Identity Proof

PAN card, Aadhaar card, Voter ID, Passport, Driving License, utility bills, or any other government-approved photo identity proof

Address proof

Aadhaar card, Voter ID, Passport, Driving License, utility bills , or any other government-approved address proof

Financial Income Proof

Latest 2 years IT returns and computation of Income (firm & individuals)

Latest 2 years audited Fiancials (along with all the schedules)

Bank statements of the Primary Bank Account for latest 6 months

Previous sanction letters ( Balance Transfer cases)

Property documents

Copy of documents of the property to be mortgaged

Title documents as required by the legal team

Private Limited companies Closely held listed or unlisted companies Limited liability partnerships (LLP) Partnership firms

Identity Proof

PAN card, GST certificate, Certificate/registration document/license documentPartnership Deed ,partnership Authority letter, list of partner (for partnership firm)

Address proof

Aadhaar card, Voter ID, Passport, Driving License, utility bills , or any other government-approved address proof

Financial Income Proof

Latest 2 years IT returns and computation of Income (firm & individuals)

Latest 2 years Audited financial (along with all the schedules)

Bank statements of the Primary Bank Account for latest 6 months

Shareholding pattern

Property documents

Copy of documents of the property to be mortgaged

Title documents as required by the legal team

How do I apply for Loan Against Property?

You may apply for loan against property from us in the following manner:

  • Apply through our online application form and our Sales Managers will connect with you.
  • You may write to us at SCCapital.customercare@sc.com
  • You may also call our customer care number 022 2675 7826/7829
  • You can also visit our branch in your location.

We offer following types of products:

  • Loan against residential and commercial and industrial property for business related expenses
  • Loan for purchase of commercial property
  • Loan against lease rental discounting

We determine loan eligibility of the Customer basis combination of various factors or parameters. Some of the indicative parameters are shown below:

  • Satisfactory loan repayment track
  • Business vintage and experience of promoter
  • Capacity to service EMI of proposed loan from existing cashflow
  • Business vintage
  • Marketability of property offered as collateral

Yes

Yes, maximum loan amount capping is applicable basis product, program and location.

Yes, loan against property can be prepaid in either partial or full. Please refer to Fees and charges section for charges on prepayment.