A Loan against the property is basically a loan given or disbursed against the mortgage of property. Under this system, the loan is given as a certain percentage of the property’s market value, usually around 40% to 60%. It falls under the secured loan category where the borrower gives a guarantee by using his property as security.
You may have a lot of tension when it comes to sending your children for education abroad or maybe finance your business or even finance your child’s wedding. The things that strick on mind is “Where would I get the money from?” So, taking a loan is one of the ways from which you could arrange for money or you could take a loan against property.
Expanding your business
Getting your son/daughter married
Sending your son/daughter for higher studies abroad
Funding your dream vacation
Funding medical treatments
A person should be an Indian.
He/she should be of at least 21 years old at the time of submitting the loan application.
He/she should have been employed by your current organization or been involved in your business for a certain number of years.
Monthly repaying capacity record for other loans, credit cards etc.
He/she should have submitted EMIs for other loans and made your credit cards payments on time for three months prior to submitting the loans application.
First of all, you have to fill a simple application form which will demand your basic business information given on the site.
We are having co-ordination with 30+ banks/NBFC to get your application to them.
You can compare interest rates by your own and choose the best one for you.
Then, we will send you an e-approval that your loan application is accepted within 24-48 hours and the amount will be credited to your account.
Proof of identity