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1800-270-7000

Loan Against Property

Aditya Birla Finance Limited

Commercial Property Purchase Loan

Supporting real estate businesses in project completion

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About the Commercial Property Purchase Loan

The real estate market in India continues to be in a state of speedy development. Owing to a business-friendly environment several Indians are taking up the gauntlet of running their own enterprises. This necessitates the purchase of commercial property to set up business headquarters. A company will also require premises for the storage of machinery and equipment, or a smaller premise for back-office operations. For all of this, the company needs a steady stream of revenue that will facilitate the property purchase. In the absence of the requisite funds at hand, businesses can avail of a finance solution known as the Commercial Property Purchase Loan.

Is Commercial Property Purchase Loan for you ?

The property loan effectively propels your immediate and future financial goals towards fruition. You can avail of the funding for various purposes such as for a new office space or a retail outlet, either or both of which may be ready for purchase or under construction. The Commercial Property Purchase Loan can ease the process of acquiring the desired property before market trends push up real estate costs further.

Why Commercial Property Purchase Loan ?

We offer invaluable financial assistance to customers who intend to purchase commercial property for their business. The funds thus procured can help businesses actualise their expansion and diversification goals.

Features of Commercial Property Purchase Loan

  • Collateral: Commercial property
  • Tenure: Up to 15 years
  • Maximum loan amount: upto 65% of property value
  • Eligibility: Evaluation on the basis of the income eligibility programs as defined by ABFL from time to time.
  • Other benefits: Attractive interest rates; easy repayment option through EMIs or structured repayment; door-step services, balance transfer options.

Standard Schedule of Charges

Transactions & Charges

Fore-Closure Charges :

Lock in period is 24 months from the date of final disbursement. No foreclosure is allowed during this period. (This restriction is not applicable for individuals borrowing for personal use) For given application: Please refer page no. 1 and/or 2 of this sanction letter.
Fore-Closure Charges after lock in period is over :

In case of Individual loans (where borrower is individual, with or without co-obligant(s)) for Personal purpose: NIL foreclosure charges In all other cases: 4% of the Principal outstanding amount.
Part pre - payment condition :

25% of the principal outstanding as on 1st April of given financial year will be allowed to be part paid without any charges. (This restriction is not applicable for individuals borrowing for personal use) For given application: Please refer page no. 1 and/or 2 of this sanction letter.
Part Prepayment Charges :

In case of Individual loans (where borrower is individual, with or without co-obligant(s)) for Personal purpose: NIL foreclosure charges In all other cases: 4% of the part payment in access of 25% in given financial year
Additional Note on Foreclosure and Part Prepayment Charge :

Foreclosure or part prepayment charge offered less than standard charges will be applicable only in case of NIL bounce, by applicants, in any of the loans with ABFL during currency of the loan granted vide this sanction letter. Standard charge mentioned here applicable otherwise.
Default Penal Interest Rate / Non Conformance with any covenants / stipulated conditions (at the sole discretion of ABFL) :

24% p.a. i.e. 2% per month
Cheque Return Charges/ECS/SI/NACH failure charges :

Rs 1000/- per instance
Accrued Interest :

As applicable based on actual delayed status or as communicated by the lender from time to time
Cancellation Charges if any :

4.00% of loan amount sanctioned
Closure charges for OD/LOC (Standard charges) :

4% of prevailing limit at the time of closure
Request for copies of documents of any collateral held with ABFL per instance :

Rs 2500/- per instance
Duplicate Statement/ Repayment Schedule / FC statement / any other document held with ABFL request

FC Statement: Rs. 1500/- per instance

RTR: Rs 1000/- per instance

Other statements: Rs. 200/- per instance
Charge For Exchanging PDCs, Security Cheques (Per Set) / ECS /NACH :

Rs 1000/- per instance
CIBIL/Credit report retrieval fee :

Rs 50/- per instance for Consumer and Rs. 500/- for Commercial CIBIL/Credit report
Loan Re-schedulement (on request from applicants, approval to be at sole discretion of ABFL) charges per instance

2% of the prevailing loan outstanding
NOC issuance charges per instance :

Rs 1000
Swap/Conversion Charges (Fixed rate to floating and vice-versa, at sole discretion of ABFL) (on request from applicants, approval to be at sole discretion of ABFL) per instance :

3% of the prevailing loan outstanding
Property swap charges (on request from applicants, approval to be at sole discretion of ABFL) :

3% of the prevailing loan outstanding
Stamp Duty , Legal and other statutory charges , Insurance Premium , Creation charge with ROC :

As per actual, where applicable
Disclaimer: It is subject to change from time to time on discretion of ABFL. Any GST as applicable on the Charges as per below schedule shall be payable by the Borrower.

Next steps...

  • Do you want complete product details? Download the brochure : Click here
  • If you want to apply for Lease Rental Discounting loan, download the application form : Click here
  • Our Relationship Manager can meet you at your convenience.

Do you have questions?

Call +91 1800 270 7000 OR write to us at care.finance@adityabirlacapital.com.

Commercial Property Purchase FAQ's

A commercial property loan is a financing option provided by a lender secured against the mortgage of non-residential or commercial property. It is also called a Commercial Property Purchase Loan or commercial land purchase loan.

You can get a loan to buy commercial property, provided you match the eligibility criteria.

You can get a loan for office by applying for a mortgage loan provided you fulfil eligibility criteria.

You can get on a commercial loan at as little as 9.85%* for a self-employed individual.

You can have more than one commercial loan if you have a good credit score or if the lender feels you can pay multiple loan EMIs.

What do we offer?

A sudden requirement of funds is an unavoidable circumstance arising in professional or personal life. Whether a personal necessity (hospitalisation, child's marriage) or a professional one (expanding business operations on a priority basis), every person requires immediate financial backing at key moments.

In this context, it is imperative to consider an invaluable source of finance known as Loan Against Property (LAP). This is a loan borrowed by placing one's owned property as collateral. The funding may be given by financial institutions after scrutinising the validity of the said property and its current market value.

  • Construction Finance

This is tailored for the real estate industry, which requires a constant stream of funds. Developers can avail of funding at every stage of construction for timely delivery. 

  • Lease Rental Discounting

A viable financial option if you require a short-term loan. You may opt for an LRD loan if you own residential or commercial, or warehouse premises.

  • Commercial Property Purchase

The property loan propels your immediate and future financial goals towards fruition. You can avail it for a new office space or a retail outlet.

  • Loan Below 1 Cr

A sudden requirement of funds is an unavoidable circumstance arising in professional or personal life. Whether a personal necessity (hospitalisation, child's marriage) or a professional one (expanding business operations on a priority basis), every person requires immediate financial backing at key moments. In this context, it is imperative to consider an invaluable source of finance known as Loan Against Property (LAP).

  • Loan Above 1 Cr

A sudden requirement of funds is an unavoidable circumstance arising in professional or personal life. Whether a personal necessity (hospitalisation, child's marriage) or a professional one (expanding business operations on a priority basis), every person requires immediate financial backing at key moments. In this context, it is imperative to consider an invaluable source of finance known as Loan Against Property (LAP).

This is tailored for the real estate industry, which requires a constant stream of funds. Developers can avail of funding at every stage of construction for timely delivery. 

A viable financial option if you require a short-term loan. You may opt for an LRD loan if you own residential or commercial, or warehouse premises.

The property loan propels your immediate and future financial goals towards fruition. You can avail it for a new office space or a retail outlet.

A sudden requirement of funds is an unavoidable circumstance arising in professional or personal life. Whether a personal necessity (hospitalisation, child's marriage) or a professional one (expanding business operations on a priority basis), every person requires immediate financial backing at key moments. In this context, it is imperative to consider an invaluable source of finance known as Loan Against Property (LAP).

A sudden requirement of funds is an unavoidable circumstance arising in professional or personal life. Whether a personal necessity (hospitalisation, child's marriage) or a professional one (expanding business operations on a priority basis), every person requires immediate financial backing at key moments. In this context, it is imperative to consider an invaluable source of finance known as Loan Against Property (LAP).