Mortgaging an existing property (which is in your name) is a good way to get a loan at better interest rates in order to meet your immediate financial needs without selling off any assets you may own. You can retain your property, which under normal conditions would tend to appreciate in value over the years. Hence, mortgaging a property to raise funds is wise decision as it is one of the cheapest retail loans available with lower interest rates.

Loan against Property

Are you a business man? And you are looking for fund for working capital requirement or expanding business, you may approach us for the speedy and best solution. If you are interested, you may please call to +91 94391 13285 or contact any of our branches.

When we receive your loan application, our officers will come to you for a personal discussion. The purpose of the visit is to get more information regarding your business, clarity of your fund requirement and to know your future plans of the business. We are giving more importance to your business, your expertise in doing the business ,cash flow and your repayment history of the past and existing loan than the property and its valuation.

Features of Odium Nidhi Nidhi LimitedLoan Against Property

Loan amount

You can avail loan an amount up to Rs.15 Lakhs, depending on the value of your property, your income and other factors.

Loan Tenure

Pay your loan over a tenure spread out over a longer period of time, depending on your convenience. The tenure ranges up to 84 months.

Types of collateral accepted

You can avail a loan Against Property from Odium Nidhi Nidhi Limitedby pledging the following as collateral:
a) Self-Occupied Commercial or Residential Properties
b) Vacant Land and Plot which is easily approachable by roads.

Interest Rate

Our Interest rates are very competitive and the best in the industry. Please contact our branches or the Department based at our Head Office for the same.

Eligibility

We offer the loan to individuals (members) only and it may be a Self Employed Professional, or a Self Employed Non Professional such as Shop keepers, bakers, traders, manufactures, merchants etc.