Loan Against Property

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Loan Against Property

Flexible Loan Eligibility

Loans value from Rs.10 Lakh to Rs. 5 Crore

Loans against commercial, residential or industrial property

Loan for your business as well as personal needs

Explore Loan Against Property with Money Finance Service

At Money Finance Services, we understand the value of your property beyond its mere physical presence. Our Loan Against Property (LAP) offers you a financial solution where you can leverage the equity in your property to meet various personal and business needs. Whether you seek funds for expanding your business, financing education, managing wedding expenses, or any other financial requirement, our LAP provides you with substantial borrowing capacity at competitive interest rates. With flexible repayment options and a streamlined application process, Money Finance Services ensures that you can unlock the potential of your property while fulfilling your financial aspirations.

Features Of Loan Against Property

Secured Loan

Our Loan Against Property is secured by the value of your property, acting as collateral. This lowers the lender's risk, typically resulting in lower interest rates compared to unsecured loans.

Loan Amount

The loan amount is determined based on the value of the property you pledge, generally allowing for a higher loan amount compared to personal or unsecured loans.

Flexible Tenure

Enjoy a longer repayment period with our Loan Against Property, typically ranging from 5 to 20 years. This offers the advantage of lower monthly installments.

Versatile Use

Use the loan for various financial needs without restrictions, offering flexibility in managing your expenses and investments.

Eligibility Requirements for Loan Against Property

Nationality : You must be an Indian citizen and provide valid documentation to verify your citizenship.
Occupation and Income : Your lender will assess your occupation and income details to gauge your financial stability and ability to repay the loan.
Credit History : Your credit score, reflecting your repayment history and credit management, plays a crucial role in determining your LAP eligibility.
Banking Relationship : A positive relationship with your lender enhances your LAP approval chances and may lead to better loan terms, including loan amount, interest rates, tenure, and fees.
Market Value of Property : The loan amount and terms are influenced by the current market value of your property used as collateral. The property's value must exceed the loan amount sought.
Title of Property : You must be the rightful owner of the property, with clear ownership title. If applying jointly, all owners must provide clear title documents. The property should not be pledged as collateral with any other financial institution.

Documents required to apply for Loan Against Property

Proof of Identity and Residence

Documents that establish your identity and residential address.

Proof of Income

Documentation verifying your income sources and financial stability.

Property-Related Documents

Legal papers pertaining to the property being offered as collateral.

Proof of Business (for Self-Employed)

Evidence validating your business activities and operations.

Account Statement for the Last 6 Months

Bank statements covering the past six months to demonstrate your financial transactions and stability.

Office Address

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