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Bakshi House 40-41 (Near Chiranjiv Tower), Nehru Place, New Delhi, Delhi 110019
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Need Help? Request a Callback
Bakshi House 40-41 (Near Chiranjiv Tower), Nehru Place, New Delhi, Delhi 110019
07:30 am – 05:30 pm Mon-Fri

Request A Callback

Your quest for Loan Against Property has come to an end. You have reached the ideal platform online to get the best schemes from the leading lending institutions. Get detailed knowledge of the most suitable loan plans with the help of our representatives. Request a call back for further assistance to find, compare, and avail the best loan plan in the market.

What is loan against property?

As the name suggests, a bank or an NBFC lends money to a borrower by taking a property owned by the latter as collateral. There are certain terms and conditions that the lending institution will amend and the borrower will have to abide by.

A loan can be secured by using your residential and/or commercial property in the form of collateral. The banks consider this loan very secure as the loan is sanctioned against the collateral of a non-movable asset. In fact, the asset value determines the loan amount. The potential of loan amount will be decided by the bank considering various factors including collateral property price. It is easier to find details about Loan Against Property online.

Properties eligible for this loan

The properties that are entitled to online Loan Against Property are mentioned below.

  • Self owned property (house or land)
  • Self occupied and self owned property (house or land)
  • Owned commercial property

A loan is availed for various reasons that the banks will want to know. Whether the borrower is seeking a loan for purchasing another property or for a wedding ceremony, the lending institution will consider every point and factor before disbursing the amount.

Things needed for loan against property

These documents will be needed to get Loan Against Property.

  • Name, age, and proof of address for KYC
  • Income documents
  • Documents proving ownership
  • Bank statements for the last 6 months
  • Cheque for processing fee, etc.

These are the common documents that a bank will require to process a loan against property. The interest rate charged, in this case, is less than personal loans. It makes easier for the borrower to gain financial traction easily. The bank is also assured about the genuineness of the objective.

Professional service to avail loan against property

It is now easy to find out the best plans and compare Loan Against Property online via our online portal. Our professional assistance will make sure that a turnkey solution, to avail such loans from a reputed lender, is provided to all our customers. Contact us today for further details.

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