Dialabank.com helps you find the most suitable offer for Property Loan

Personalised Service: Our trained Relationship Managers will understand your requirements and your profile and help you find the most suitable Property Loan offer.

Rate Comparison: We help you understand the details of all costs involved in taking a Property Loan and help you find the Cheapest Offer.

Research: Benefit from our detailed research on all the products from the leading Property Loan players in the market and make the right choice.

Zero Charges: Dialabank offers personalised service to its customers at zero fees. Use our services to find the right Property Loan deal at no extra cost.

Unbiased and Transparent Search: Our objective is to simplify your Property Loan search and we provide information in an unbiased and transparent manner.

Find the right Property Loan Offer with help from www.dialabank.com

1. Online: Fill in your Property Loan requirements in the online application form and our trained Relationship Manager will contact you with the best Property Loan offer basis your profile.
2. Dial "60011600" and get the personalised service of a trained Relationship Manager who will help you with your Property Loan requirements

Take benefit of our EMI calculator to check affordability of your Property Loan EMI

Property Loan

Property Loan is a secured loan taken against the security of an unimproved Land or other property. The loan amount is provided as a definite percentage of the property’s market value, usually near about 40 to 60%.  The property  loan is used for purchasing a new land or house, constructing a house, pre-allotment booking finance for property or buying a residential plot. NRI’s can purchase ready residential property with Property Loan.

Property Loan Eligibility

• A person who is an Employee or a professional, self-employed or an income tax payer or engaged in agricultural and allied activities.
• A person with Net Monthly Income (salaried) is in excess of Rs.12, 000/- or Net Annual Income (others) is in excess of Rs.1, 50,000/-.
• The income of the spouse may be added if he/she is a co-borrower or a guarantor.
• Maximum age limit: 60 years. 

Document Required

Common Documents:

• Age Proof & Address proof.
• Income Proof of the applicant & co-applicant.
• Passport size photograph of the applicant & co-applicant.
• Last 6 months bank A/C statement.    

In case of Salaried:

• Employment certificate from the employer.
• Copies of pay slips for last few months and TDS certificate.
• Latest Form 16 issued by employer Bank statements.

In case of Self-employed:

• Copy of financial statements for the last 2 years.
• Profit and loss account for the last few years.
• Income tax assessment order.
• Copy of partnership deed if it is a partnership firm or copy of memorandum of association and articles of association if it is a company.

Property Loan Interest Rates

Before applying for Property Loan, a borrower must know the rate of charges, penalty or fee charged by your lending company or bank for default in monthly EMI. The customer must know the processing charge and in case a customer decide to switch the loan from current lender to a new lender, current lender will charge penalty or fee for pre-closure of their loan.