Apply for easy loans against property at lowest rates only with Enhancer Fincorp, the best loan consultancy provider company online. If you own a plot or any other kind of property, you can get quick loan against it. Just speak to our agents and know your loan amount. NRI loans also available.
Immovable property has always been a perfect source of loan for years. You can use this property to raise fast cash. A Loan against Property is a secured loan, in which your existing property is pledged as security collateral against the loan.LAP is also called as the Home Equity Loan.
LAP is a useful and quick way of raising cash. If you need funds and you own some property, you can leverage this property to create these funds, without being forced to rent out the property, or sell it.
Loan against property belongs to the secured loan category where the Enhancer Fincorper gives a guarantee by using his property as security. The loan amount you can avail for this loan depends on the value of the property, which you place as your collateral for the loan.
Enhancer Fincorp is the best consultancy company that is associated with all the leading financiers and banks around Delhi/NCR and neighboring regions, to render a perfect solution to all your loan needs.
Maximum age of applicant at loan maturity: 65 years*
Minimum Net Monthly Income: Rs 25,000
Applicant should have the bank specified credit score.
The following documents are required along with your Personal Loan application:
Enhancer Fincorp provide you hassel free and No hidden charges
*Service Tax and other Government taxes, levies etc. applicable as per prevailing rate will be charged over and above the Fees and Charges
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You can start the process of applying for a Loan Against Property (LAP) in any of the following ways:
From the day an application is being given, banks usually take about 4 – 5 working days to disburse the loan. This is subject to complete information & documentation given at the time of the application.
A Loan Against Property (LAP) has many advantages over a Top-up Loan. They include:
Loan Against Property can be availed for a self-occupied residence or a commercial property.
You can get a Loan Against Property from Rs. 2 lakhs to Rs. 500 lakhs. Some of the factors that banks consider when deciding a loan amount are:
Yes! Some banks structure Loan Against Property either as a Term Loan with an EMI repayment option or as a Drop-line Overdraft Facility.
Yes! Banks provide LAPs for salaried NRI customers.
Along with your application you need to submit the following documents:
If someone is the co-owner of the property in question, it is necessary that he/she also be the co-applicant on the loan. You may also consider adding your spouse or parents or children as co-applicants to boost the eligibility on your loan.
Yes, banks charge a non-refundable processing fee for every LAP application. The processing charge to avail a Loan Against Property is up to 1% of the loan amount plus service tax as applicable.
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