Home Loan


Found your fantasy house but struggling with the price tag? We can help with Home Loans designed for your needs. Our low interest rates and easy EMI plans can help unlock the door to your future.


Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Loan Against Property


Our Loans Against Property can help you through life’s biggest moments. Weddings, personal passions, educational fees or career changes - we’ve got you covered. Refinance any existing commercial or residential property at the best rates today.


Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Balance Transfer


With our Balance Transfer option you can transfer your existing home loan to Godrej Capital and enjoy the benefits of a plan that works for you. Along with interest rates tailored to your comfort, enjoy higher eligibility, along with a Top-Up loan, to take care of your extra needs.


Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Plot Loan


Found the perfect spot to build your future? Our Plot Loans can help make it yours. Our loans offer you the financial help, low interest rates and flexible payment options you need to construct the home of your dreams.


Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Business Loan


We give you the courage to take that next step that your business needs. Godrej Capital Business Loans empower you with customizable financing solutions to grow your business to the next level!


Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Professional Loan


We empower you to scale your medical practice with modern equipment, improve patient facilities or hiring skilled staff with our Professional Loan for Doctors.


Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Udyog Loan Agaginst Property


Are you an MSME owner looking to scale your business operations? Take your business to new heights with Godrej Capital Udyog Loan Against Property. Our loan solutions enable business owners to get higher loan eligibility by allowing multiple sources of income to be considered. With quick loan approvals and attractive interest rates, our goal is to help your business achieve growth.


Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Commercial Property Loan


Take your business to the next level with a Commercial Property Loan that finances construction, extension or improvement to make your business goals become reality. With plans designed for your life, you can rest assured that your business empire is in safe hands.


Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

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Confused Between Secured and Unsecured Loans? Let us simplify this for you!

An integral part of our financial lives, loans help accomplish our goals. Be it buying the dream home, purchasing that much-wanted car, or setting up office infrastructure, loans provide you the financial muscle to script success in your endeavor.


Thanks to digitalization, availing loans has become relatively easy these days. You need to fill up the application form, upload the relevant documents, and, in many cases, the money is instantly credited into your account.


Among the several things you need to know before taking a loan is its nature. That is, whether the loan is a secured loan or an unsecured loan. There are stark differences between the two and understanding them is essential to make the right choice.


So, if you are confused about whether to opt for a secured loan or go for an unsecured one, this article is your guiding light.


What is a Secured Loan?
A secured loan is backed by collateral. In other words, you need to pledge something as security to the lender to avail a secured loan. For example, when you opt for a Home loan, the home is the collateral. If you fail to repay the loan, the lender may have the right to seize your house and sell it to recover the dues.


Similarly, when you opt for Loan Against Property, the property is the collateral. If you don’t pay the loan on time, the lender can auction the property to recover the amount. Some other examples of secured loans include gold loans, car loans, loans against fixed deposits, etc.


What is an Unsecured Loan?
In an unsecured loan, contrary to secured loan, the borrowers do not need to pledge any collateral to the lender to avail the required funds. In other words, there’s no security involved while availing an unsecured loan. The various types of unsecured loans include personal loans and business loans.


Differences Between Secured Loan and Unsecured Loan

While collateral requirement is the fundamental difference between secured and unsecured loan, they differ on several other parameters. These include:


    Loan Amount
    The loan amount in a secured loan is generally higher than an unsecured loan. As the former is backed by collateral, there is a sense of assurance of repayment. Therefore, in an unsecured loan, the limit tops off typically at INR 50 lac, whereas, in secured loan the limit depends upon the lender, the collateral pledged and the repayment capacity of the borrower.


    Rate of Interest
    Secured loan interest rate is comparatively lower than unsecured loans. For instance, you will find home loan interest rates lower than personal loans or other types of unsecured loans. This happens because secured loans are backed by collateral, unlike unsecured loans.


    Repayment Period
    A secured loan’s repayment period is much higher than an unsecured loan. Usually, the repayment period for secured loan ranges from 10 years to 30 years. And for unsecured loans, this period can be between 5 – 7 years.


The table given below captures the basic differences between secured and unsecured loans:


Parameters Secured Loan Unsecured Loan
Loan Amount High Low
Rate of Interest Low High
Disbursal TAT High Low
Repayment Period Long Short


Should You Avail a Secured Loan or an Unsecured Loan?
Secured and unsecured loans have their own utility. If you need funds in a considerable amount to buy an asset such as a home or car, you can opt for secured loans. On the other hand, unsecured loans are a better option for short-term or emergency needs such as addressing personal or medical exigencies. Irrespective of the loan you opt for, make sure you research well about the loan product and lender, and lastly, you repay on time.


Godrej Capital is the financial services arm of Godrej Group which offers home loans, Loan Against Property and other secured loans. With innovative products and offerings, customers can get hassle-free loans on easy terms and conditions. Click here to know more about the offering.



The above information is for illustrative purpose only. For more details, please refer to the product or service document and/or connect with our customer representative prior to making any investment decision.