LAP/ LRD LOANS

Vsicl brings to you Loan Against Property (LAP). You can now take a loan against your residential or commercial property, to expand your business, plan a dream wedding, fund your child's education and much more.Loan Against Property is the perfect way to unlock the hidden value of your property. With this loan, you can fully benefit from life's little surprises you may have earlier passed over due to lack of funds.Loan against property can be taken against a self-occupied residence or a commercial building. The main requirement on the bank’s (lender’s) part is that there should not be any other encumbrance.LAP is the most secure of loans hence the lending rate is generally very low compared to other loans.

Live your dreams with a Loan Against Property! This multi-purpose loan puts funds at your disposal to use as you wish. What's more, this loan is available at a reasonable rate and can be repaid comfortably over as many as 10 years.

You can depend on us to meet all your business requirements even to purchase a new shop or office for your business.

LRD loans are offered to developers who are constructing commercial property and the same is to be leased out on completion.