Loan Against Property


Are you in need of urgent cash? Let your commercial or residential property handle the emergency.  Avail Loan Against Property from XYZ!
There are at times when you are in need of immediate fund. The only easy option you find to handle the situation is applying for a loan. There are multiple types of loan available in the market to satisfy your needs. Well, the loan against property proves to be a more practical alternative. Whether you need money to start new business, cash for long-term working capital, funding children's higher education, fund for medical cause, repaying your high interest debts, marriage of your child; XYZ offers loan against property to individuals who necessitate funds to meet their personal as well as business needs against the mortgage of their existing property. We are known for faster processing and prompt disbursals.
Loan Against Properties by us can be availed with maximum finance against the market value of your property at the most competitive mortgage loan interest rates. You can continue staying at the property while we finance you. We assure doorstep service.
Advantages of taking Loan Against Property from us!
·        Attractive Interest Rates
·        No Hidden Charges
·        Speedy Processing
·        Easy Documentation
Documents required for Loan Against Property: salaried
ü Application form with photograph duly signed
ü Proof of identity
ü Residence address proof
ü Residence Ownership Proof
ü Proof of income (Last 2 months, IT returns for 3 years)
ü Bank Statement
ü Property Documents
Documents required for Loan Against Property: Businessman
ü Application form with photograph duly signed
ü Identity, residence and age proof        
ü Last 6 months bank statements
ü Processing fee cheque
ü Education qualification certificate and proof of business existence
ü Last 3 years Income Tax Returns with a computation of Income
ü Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account
ü Property Documents
ü Residence Ownership Proof

Documents required for Loan Against Property: Professional
ü Application form with photograph duly signed
ü Identity, residence and age proof        
ü Last 6 months bank statements
ü Processing fee cheque
ü Education qualification certificate and proof of business existence
ü Last 3 years Income Tax Returns with a computation of Income
ü Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account
ü Proof of business existence
ü Business profile
ü Property Documents
ü Residence Ownership Proof
Eligibility for a Loan Against Property:
ü A salaried with service continuity in an organization can apply for LAP.
ü Professionals like doctors, chartered accountants, cost accountants, architects, company secretary, engineers, dentists and management consultants can as well apply for it.
ü Self- employed individuals who pay income tax payers are eligible for a loan against property too.
ü If your total monthly income, your savings and debt obligations meet the norms
ü The eligibility is calculated based on the value of your mortgaged property
ü A good CIBIL score



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