Dena Bank Loan Against Property

Loan Against Property

About Dena Bank Loan Against Property

People invest in property as it is an asset that can be utilised in times of need. You can make your idle property work for you and avail loan by mortgaging it. Dena Bank provides loan against freehold, un-encumbered, non-agricultural property, residential or commercial property. The amount availed can be used to fulfill various dreams and desires such as higher education of kids or their marriage. It can be used to finance a foreign trip or medical treatment. The loan is provided for the maximum value of up to ₹ 5 crores. Check the details and apply now for instant approval.

Dena Bank Loan Against Property Details

Interest Rate10.30% p.a.
Loan AmountMinimum - ₹2 lakh
Maximum - ₹5 crores
Tenure10 years
Processing Fee1% of the loan amount
Prepayment Charges0.50% of the sanctioned amount

How to Apply

The customer willing to avail the loan has to fill the application form. The form is available at the nearest bank branch or can be downloaded from the bank’s official website. The customer can also apply for the loan online.

Dena Bank Loan Against Property EMI Calculator

For the one who finds calculation a hectic task, EMI Calculator is a comfort. Loan Against Property EMI calculator is a tool that helps in the speedy calculation of the loan repayment amount. It computes the installment amount that the borrower has to pay to the lender to settle the credit availed. It helps in anticipating the repayment value and plan future expenditure accordingly. It is user-friendly and provides the accurate result in the shortest time possible. The user just has to insert the loan amount, tenure and interest rate in the calculator and the result will be processed instantly.

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For example – The customer availing the loan of amount ₹30 lakhs for the period of 10 years at the interest rate of 10.30% p.a., has to repay the amount as stated in the table provided below:

Table Showing Repayment of EMI, Interest Outgo and Total Outflow Over the Loan Term

Loan Amount Interest Rate Tenure Monthly Instalment Total Interest Amount Total Amount

Amortization Schedule of Loan Repayment

Year Principal Interest Balance Amount

Dena Bank Loan Against Property Eligibility Criteria

To avail the loan, the applicant needs to qualify the eligibility standards that are as stated below –

  • The minimum age of the applicant has to be 21 years
  • An applicant should either be a salaried individual, professional, self-employed or an agriculturist.
  • The applicant should be an income tax assessee for at least 2 years
  • The minimum net monthly income should at least be ₹ 12,000

Dena Bank Loan Against Property Documents Required

Following is the list of documents are required to be submitted at the time of application:

  • Loan application form
  • Identity proof (PAN Card/Driving License/Voter ID/Adhaar Card, etc.)
  • Address proof (Driving License/Voter ID/Adhaar Card/Ration card, etc.)
  • Income proof
  • Salary slip
  • Bank statements
  • Property details


  • Loan tenure up to 10 years
  • 50% margin
  • Decent rate of interest
  • Nominal processing fee
  • 0.50% prepayment charges