Loan Against Property at Loanbaba
The real estate industry in India has always seen a boom. Many residents here own a real estate property of their own, which has become a monetary asset, when it comes to securing funds from banks and NBFCs in form of loan against property at loanbaba. Financial institutions these days are ready to offer property loan on self-owned property of the applicant. Since the loan is secured in nature, there are many benefits attached.
You can compare, select, and apply with chosen NBFC or bank for loan against property at loanbaba.com. Online application process makes way to paperless loans at our website. You need no branch visit, everything is managed online, and you can even track your loan application status here. You can use tools such as loan against property eligibility calculator and loan against property EMI calculator for free.
As a platform to connect with best loan against property providers, loanbaba assists you to compare top banks such as SBI, ICICI, Axis and more. You can get all information about mortgage loan schemes in India and loan against property interest rates in India. Loanbaba LAP loan facility is available at every city.
Mortgage Loan at Loanbaba- Important Details
- Up to 70 percent of the property’s market value can be approved as loan.
- Maximum amount you can borrow as loanbaba loan against property is Rs. 5 crores.
- Tenure of the loan is up to 15 years, but could be more as per the terms and conditions of the bank/NBFC.
- Property loan is faster approved as it is a secured loan. It does not entail prepayment penalty.
Loan against Property Loanbaba- Documents Required
Below given is a list of documents required for property loan:
- Property documents and proof of property ownership
- Proof of residence, photo identity proof, passport sized photographs
- Income proof, bank statements and other essentials
What are the Key Benefits of Loanbaba Loan against Property in India?
- As the loan in a secured one, the repayment options are flexible and so is the tenure. Also, interest rates are lower as compared to those on unsecured loans.
- Property Loan in India can be available for both self-employed and salaried individuals. The loan applicant should however own the property in question.
- The borrower can attain loan on commercial or residential property, and should be able to submit the essential property documents to the bank or NBFC.
Apply for Loan against Property Online at Loanbaba
At loanbaba.com, you can find all details about loan against property in your city. We inform you about the top providers of property loan and property loan schemes that best suits your interest. Other than these pointers, our website benefits you in the following ways:
- We offer instant customer support via toll free number or live chat
- You can even connect with us for loan queries via missed call or email
- It takes less than 2 minutes to submit online application for property loan
- Approval and disbursal of the loan is done quickly by the banks and NBFCs
