Loan against Property is highly preferred forms of loans in India. It is precisely what the name implies-a loan which can be availed by keeping a property as security. One can avail these mortgage loans for commercial property or residential collaterals. The loan amount depends on the type of property and in most cases the market value of the property is considered before disbursing the loan, generally commanding about 60% to 70% of the actual market value.
These loans are better options as compare to a personal loan due to the comparatively lower rate of interest charge by the lender and easily available than ever with the surge in banks and NBFCS providing these loans.
Features and benefits Of Loan against Property
Multiple Purposes - The Loan against Property can be availed for expanding your business, education, property purchase, marriage or any other personal or professional need.
Lower Interest Rate - Loan against Property comes at lower interest rate compared to normal personal /business loans where interest rate can be as high as 20%.
Quick and hassle free process.
Get the best details specially designed for you. APPLY NOW
Choose Primary Color
Choose Secondary Color
You can easily change the colors
when you purchase this.