Loan Against Property
Get Hassle-Free Fund Against
Your Property
while Business loans provide quick access to funds, they are priced relatively higher. So, if your fund requirement is higher and you are looking for lesser rates, Loan against property is the ideal choice. Under LAP, you can avail loan against your residential property / commercial property as well industrial property. The best part is that term loan as well Overdraft facility is available under this product. We offer loans with unique benefits which include speedy process, best rates, hassle free documentation and door step service.
In last few years, the product has so evolved that Banks / NBFCs offer LTVs up to 95% of the market value of the property which was unheard of. So if you require funds and are willing to provide collateral, this indeed is the right choice.
You can get Loan if you meet the following criteria
Loan Against Property - Criteria | |
Age Limit | 21 to 65 years |
Ownership | Self-owned office or residence |
Business Continuity | Minimum 3 years |
Security | Residence |
LTV | 60% to 80% depending on collateral |
Documents | KYC |