.png)
Make the most of it through Loan Against Property with Repco Bank
You can avail a loan against property for fulfilling personal needs such as meeting expenditures on education, marriage, healthcare, business or any other lawful purpose.
Repco allows you to leverage your residential or commercial property's value to avail of a loan for your needs, whatever they may be: business expansion, repayment of other loans, purchase of commercial property, or any other personal business or professional need, transfer your high-cost loans.
Longer repayment period up to 10 years
Repco LAP starting from 12.20% to 12.65% p.a.
Loan from Rs. 5 lakh to Rs.10 Crores
Anyone they match the required income profile.
Offering 65% to 75% of property's market value as a loan
Multiple end-use options with a genuine purpose
Opt for either Long stretch tenure or Short compact tenure of your choice
These multipurpose loans are both as Term Loan (EMI) and as an Overdraft Facility called SODL (Secured Overdraft Loan)
Enjoy attractive interest rates, with no hidden charges
Quick Loan processing time and minimal paper work
Mortgage loans up to - 120 months
Loan against immovable properties
Repatriates Cooperative Finance and Development Bank Ltd. (REPCO BANK) was registered on November 19, 1969, as a Cooperative Society under the relevant provisions of the Madras Cooperative Societies Act, 1961, with jurisdiction over the State of Tamil Nadu, Andhra Pradesh, Karnataka, Kerala and the Union Territory of Puducherry.
ADDRESS
Repco Towers, N0:33, North Usman Road ,T.Nagar, Chennai - 600017
Ph No - 044-28340715
Email - ho@repcobank.co.in
