All You Need to Know About Commercial Property Loan

1

• All You Need to Know About Commercial Property
  Loan

2

• Introduction
• A Commercial Property Loan Is Taken To Purchase
  Or Renovate Non-residential Properties
• These Loans Are Only Meant For Properties That
  Run A Business

3

• How Does It Work
• Loan Against Commercial Property Requires The
  Borrower To Mortgage A Reliable Property For
  Approval
• Mostly, The Collateral Is Preferred To Be Another
  Commercial Property And Not A Residential One

4

• Who Can Avail It?
• Self-employed Professionals Such As Doctors,
  Charted Accountants And Lawyers Are Eligible For
  It
• Business Owners Who Have Firms Are Another
  Category Eligible For This Loan

5

• Factors You Should Consider
• Consider Commercial Property Loan Rates,
  Additional Repayments, Capitalized Interest And
  Offset Accounts
• Be Double-sure About The Interest Rate
• Make Sure Foreclosure Doesnt Come With A Penalty

6

• Factors You Should Consider
• Loan Amount Is The Key. The Borrowing Amount
  Ranges From 50 To 70 Of The Total Value Of The
  Property
• Do Not Fall For The No Extra Charges Or Fees
  Feature Of The Loan

7

• Conclusion
• Cross-check The Eligibility Criteria And Explore
  Other Options In The Market
• A Commercial Property Loan Offers Zero Tax
  Benefits

8
Thank You !Would Love to Hear From You

• Hero FinCorp Limited
• 09, Basant Lok, Vasant Vihar, New Delhi - 110057
• Tel. [phone]
• Email Id Corporate.Care_at_HeroFinCorp.com
• Website https//www.herofincorp.com/
• Know more- All You Need to Know About Commercial
  Property Loan