Loan Against Property
Loan Against Property – is a Loan availed by pledging your property as a security or a collateral .Eligible loan amount depends on Individual Financial/ITR .
Key Features
Best Option for Short Term needs of Businesses
Interest Rate
Rates ranging from 8.5 % to 18.0 % depending on Cibil and profile .
Loan Amount
Up to Rs.25 crore
Loan Tenure
Up to 20 years
Processing Fee
1% – 3% of the loan amount + GST
Start Application
Start Your Application
Why Loan Against Property?
How to get started
A lower interest rate, which lowers your EMI and reduces the financial burden on the borrower.
A lower interest rate, which lowers your EMI and reduces the financial burden on the borrower.
Lap can be availed for a period of 10 to 20 years .So Emi payment on the loan is less,putting less effect on your cash flow .
If you use your loan amount from your LAP for some specific purposes, you may even get certain tax benefits on interest payments. Section 37(1) of the Income Tax Act allows you to avail tax benefits on the interest and the processing fees if you are using your loan for business purposes. Similarly, under section 24(B) of the Income Tax Act, you can avail of tax deduction up to Rs 2 lakh, if you use your loan amount for purchasing a residential property.
How to apply for Loan Against Property?
Apply with pan card aadhar anf your ITR to know eligibility
Prepare pan card aadhar card and lats 3 year financial along with ITR
For the given Property collateral -Legal opinion and Valuation has to be obtained
Why Crediting?
How to get started
Without applying you can get tentative Quote from Different Lenders . We help in making projections Documents arragment as required
Our Credit Expertise to optimize your loan prospects by matching with suitable lenders most likely to sanction youLoan . Secure favourable overdraft interest rates and negotiated terms for your OD facility.
Experience the ease of just one application and a minute unlocking infinite possibilities for your business. Our dedicated efforts ensure a swift turnaround, providing you with the desired overdraft loan within 3-7 days. We assist you to avail finest overdraft interest rates and terms for you. This empowers your small business to thrive with Better flow availabilit