ING | Home Equity Loan

About the Products

Eligibility

Properties and Extent of Finance

Fees

Rate of Interest

Security for the Loan

Supporting Documents

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About the Product:

A home is more than just a house. It is the sum total of your dreams, aspirations and the love that binds your family. Sometimes, there are situations that demand finance on a large scale – like when your children get married, go abroad for higher studies, when you need to provide medical care to your aged parents, fulfill any business need or any other exigency.

At these times, you decide to leverage your house as equity for raising a loan. We understand your need to support your family and look towards their well-being.

Keeping in mind, your needs, your concerns and worries, we have come up with a Home Equity Loan which is a hassle-free and low cost solution that makes finance available to you against your free, unencumbered residential property.

Home Equity Loan can be utilized to close down your high cost borrowings and safeguard your dignity.

Unique Features

1.	Attractive Interest rates.
2.	Floating Rate loans linked to ING HPLR - Home Loan Prime Lending rate.
3.	EMI on a daily reducing balance method.
4.	Nil penalty on partial pre-payments after 6 months of disbursal.