Loan Mantri always ready to help you as we understand your needs we can help you to render loan against property at low interest in Delhi or Gurgaon, as in today’s scenario we never know when we required money it can be any reason. You required money for marriage, home renovation or for investment purpose. LAP (Loan against Property) is easy way to get money on low interest rate. As in this kind of loan we are promising current property as security to bank.
Loan Against Property (LAP) in Delhi and Gurgaon you can use loan amount for investing money in new business or buying new assests as per your requirements also you can utilize loan amount in mariage or investment for new property in Paschim Vihar, Lajpat Nagar, Greater Kailash, Rohini, Janak Puri, Dwarka, Green Park and other locations in Delhi. We also help you to get loan on "LAL DORA PROPERTIES" like Mundka, Badarpur, Burari and more...
Rate of Interest |
7.00% - 11.50% |
Processing Fee |
0.50% - 2.00% |
Loan Duration |
Maximum 15 Year |
Cibil Score |
650 or Above |
Pre Payment Charges |
Nil (As Per Bank Policy) |
Property Type |
Residential, Commercial, Industrial, Multiunit, Lal Dora Property, GPA etc.. |
6 Month Bank Statement along with Business Reglistration Proof
Copy of PAN card, 2 Year ITR, Current Year & Previous Year
Electricity, Water & Mobile Bill, Aadhar Card, Voter ID or Passport
Business Registration Certificate, Company Formation Documents
STANDARD CHARTERED |
7.00%* |
|
AXIS BANK |
7.50%* |
|
ICICI BANK |
8.00%* |
|
HDFC BANK |
8.00%* |
|
INDUSIND BANK |
8.00%* |
|
KOTAK MAHINDRA BANK |
8.00%* |
|
LIC HOUSING FINANCE |
8.00%* |
|
AU SMALL FINANCE BANK |
10.00%* |
|
AU SMALL FINANCE BANK |
10.00%* |
|
JANA SMALL FINANCE BANK |
10.00%* |
|
IIFL HOUSING FINANCE |
11.00%* |
|
SHRIRAM CITY UNION FINANCE |
11.00%* |
In simple term, a loan is act of giving many property or other material goods to another party. In exchange for future repayments with interest. It is a debt providedby individual or a company to another entity at on iterest rate with a promissary note, which says all terms and conditions, all repayments terms of the paricular loan. There are term loan, which are also important to discuss here, like principle, Interest, time and date of repayment.
In present market scenerio, the loans are very common people used to give and take loan for various things from big to small like - you can take loan for personal use, computer, house, education, renewation, mortgage, small business loan, car loan, mobiles, home appliances etc and a lot more
As loans are given for so many purposes but still loans are never a good idea if you cannot afford to pay them back in a required time frame. You must understand and evaluate that one of the keys to being financially successful in understanding when loan are a good solution for your situation,
Here we will discuss about Loan Against Property (LAP). These debts are come in secure loan category. Secure loan means where the borrower gives a garantee by using his property as security. In other terms Its a kind of personal purpose loan against mortgage of residential or selected commercial properties.
Loan Against Property can be taken for many porposes like:
Eligibility criteria for this type of loans are diffrent from other. The age limit is 25 years when the loan is sanctioned, person should be self employed with a regular source of income. Your repayment track record for other loans, credit cards etc. The minimum / maximum loan amount, to be sanctioned depends on the location status of the property. If the property is at prime location or in city means Delhi, Noida, Gurgaon or any metro city like Mumbai, Chennai, Bangalore, Kolkata the loan amount would vary accordingly to location.
Loan Against Property (LAP) is the best way to get liquid money for required purpose but the only dis advantage of such loan is that if the borrower failed to repay the loan fulling in a fixed time frame, the lender can take the possession of the mortgaged proeprty.
There are some rules keep in mind when opt for LAP: