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All Loan Against Property deals
| Bank | Loan Amount | Rate Of Interest | Processing Fees | Tenure | Action | |
|---|---|---|---|---|---|---|
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5 Lacs - 10 Cr | 9.65 - 11.65% | Upto 1.5% | 3 - 15 Years | Apply | |
What you'll love
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Eligibility Criteria
Fees & Charges
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5 Lacs - 10 Cr | 9.10 - 10.5% | Upto 1% | 1 - 20 Years | Apply | |
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Eligibility Criteria
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5 Lacs - 10 Cr | 9.00 - 9.60% | Upto 3% | 1 - 25 Years | Apply | |
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Eligibility Criteria
Fees & Charges
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10 Lacs - 10 Cr | 9.25 - 9.75% | Upto 1.25% | 0.5 - 20 Years | Apply | |
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More about Loan against Property (LAP)
Properties are valuable assets that can help you in case of distress and financial issues. Banks provide loans against properties which you can avail to meet your financial requirements for purposes such as education, marriage, instruction, etc. Our list of associated banks provides loans at very competitive rates and flexible tenure and repayment schedule. Kindly take a look at the eligibility criteria to avail loan against property.
Eligibility criteria
1. Sole proprietors, Partnership firms, LLP and private limited companies.
2. Salaried and self employed professionals.
3. Micros, small and medium scale Enterprises.
4. Minimum of 2 years in business for self employed.
5. Minimum of 5 years of work experience in case of salaried individuals.
6. Minimum age of 23 at the time of application of loan and maximum 65 years at the time of maturity.
7. Good credit score.
Documentation
1. Self attested copy of identity and address proof.
2. Copy of original sale deed, allotment or possession letter, NOC from society.
3. Latest IT returns.
4. Certificate of registration in case of private limited companies.
5. Partnership deed in case of partnership firms.
6. Certificate of practice in case of self employed professionals.
FAQs About Loan Against Property
1. How will my loan amount be decided?
The loan amount is determined by your income and repayment capacity along with other important factors such as qualification, age, spouse’s income, savings history, assets and liabilities.
2. What is the market value of the property?
It refers to the estimated amount that is expected to be fetched on the property as per the prevailing market conditions.
3. How do I apply for a loan?
You can apply through our website and one of our representatives will get in touch with you at your convenience to move forward with your application.
4. How do I repay the loan?
Repayment of availed loan can be repaired with multiple options like installments through ECS (Electronic Clearing System) or opt for direct deduction of the monthly installment from your employer or issue post-dated cheque from your salary account.
5. When do I start paying the principal amount?
Repayment commences from the month following the month in which you avail full disbursement of the loan. Till then, you shall keep on paying the interest on the portion of loan disbursed as pre-EMI interest.
6. Can I repay my loan head of the repayment schedule?
You can repay the loan ahead of the schedule by making lump sum payment subject to applicable prepayment charges.
7. I have a question that is not listed here; what do I do?
We are glad to answer all your queries regarding our loan against property. Feel free to contact us at +91 9844135222 or email us at enquiry@fundmytra.com.