LOAN AGAINST PROPERTY
Credit Against Property (LAP) is a home loan advance that furnishes with budgetary openness to agent/individual for their monetary needs to put resources into his/her business, may it be – setting up another business, business extension, individual uses and so forth. With Loan Against Property, you can use the estimation of a private, business, private plot, modern property etc.
Any individual with an actually claimed private property can apply for this credit against property. From a salaried individual to an independently employed owner, property advance is handily made accessible through our doorstep administrations at a most sensible rate inside set course of events.
LOAN AGAINST PROPERTY TO:
- Partnership firms
- Self-employed professionals
- Private or closely held companies
- Small and mid-sized businesses
LOAN AGAINST PROPERTY FEATURES
- Loan Amount:Loans ranging from Rs. 5 Lakhs to Rs. 500 Lakhs
- Interest Rate :Between 9% to 16% per annum
- Flexible Tenure:From 12 months to 180 months.
- Easy Repayment:Through ECS or even post-dated cheques
- Floating and Fixed Interest Rates:Our Loans against Property come with attractive interest rates.
- Acceptable Property Collaterals: Pre- owned Residential, Commercial, alternate properties (schools, hotels, hospitals, residential plots and industrial property) and loans for purchase of commercial properties.
- Property Collateral Type:Municipality approved
Gram Panchayat Approved