Financing

Properties Loan


 

Property Loan (personal name)

A simple and basic loan for commercial properties with added flexibility.

 

  • Option to have redraw facility.
  • Margin of financing of up to 90 % (with MRTA).
  • Flexibility to accept additional repayment in excess of the monthly fixed instalments to reduce principle outstanding.
  • Daily rest interest calculation based on the reducing principle outstanding on daily basis.
  • BR + 0.5 to 5% (depend BR from particular bank. Mostly interest rate will be 4.2% to 5.9% p.a.

 

Property Loan (company name)

A simple and basic loan for commercial properties with added flexibility.

 

  • Option to have redraw facility.
  • Margin of financing of up to 85% (with MRTA).
  • Flexibility to accept additional repayment in excess of the monthly fixed instalments to reduce principle outstanding.
  • Daily rest interest calculation based on the reducing principle outstanding on daily basis.
  • BLR - (1 to 2.3%) p.a. (BLR 6..75%p.a)

 

Extra Working Capital up to 168% margin can be financed which handled by MAGIC CONSULTANCY.

 
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