What is Loan Against Property?

Whether you are salaried or self-employed, Loan Against Property helps you to realize the true value of your property to meet your financial needs. The average loan approval takes about 4-7 working days and banks take the charge of property at the time of loan disbursal.

Most of the institutions offer loan amounts of upto Rs. 10 Crores with a convenient repayment option of upto 180 months. Both residential and commercial properties are accepted as collateral with minimal documentation, and faster approvals at attractive interest rates. Due to the secured nature of the loan, another quality of LAP is lower rate of interest, which makes this product the lowest EMI product.

LAP requires normal documentation like personal loans or business loans. Property documents are only added for collateral purposes. Once you have decided to go ahead, we will help you in executing the end to end documentation for the loan and coordination with the financial institution. You need to just sit back and relax !

If you are facing financial crisis and own a property, then you can opt for a loan against that property. It is the best and easiest way to generate funds and meet your financial requirements if you don’t want to borrow loan from your family and friends.

With the assistance of Selfin India, you can apply for Loan Against Property and instantly generate cash in no time. We understand the whole loan application procedure can budge you a lot and it becomes hectic for those are in a real need. Therefore, to make this complex process quite easier, we have brought loan against property service in India where you can apply without any documentation and paperwork.

We strive to not just provide you with instant loans, but also, look for the lowest interest rates in India with flexible repayment options. We have tie-ups with top rated banks in India that can help you with the best personal loan service that you can repay in a stress-free manner.
Loan against property is a secured kind of loan, which leverages the funds out of your potential property. In case you own a residential or a commercial property, then you can easily use your property as collateral for your loan.
- If you compare loan against property to other loans like mortgage loans, you will find LAP withthe lowest rate of interest. - Loan against property comes with easy repayment options. - Property Mortgage with draft facility. - Anyone who is self-employed or salaried individualcan be eligible for this type of loan.