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Here are a few factors
Location | Delhi NCR |
CIBIL Score | No Minimum Cibil Score Required (Based on Individual Case) |
Minimum Salary Per Month | INR 27,000+ (We can also considered Family Income) |
Loan Amount | Maximum Funding of 15 Lakh based on different factors Such as Income, Value of the property and Location) |
Rate of Interest (Type) | 15-18% Per Annum |
Tenure | 6 Months to 72 Months |
USP | No Minimum Cibil Score Required (Based on Individual Case) |
chintamani-loan-against-property
FREQUENTLY ASKED QUESTIONS
What types of properties can I pledge for LAP?
You can pledge any fully-owned residential, commercial, or industrial property free of legal issues as a collateral for LAP.
Do I hold rights over my property even after taking a LAP?
Yes, you will have ownership rights over the same and hold as security for the LAP amount advanced to you, provided that you repay.
Who do I submit the documents to avail LAP?
You submit the documents with the Bank upon which it processes your LAP proposal.
Documents such as identity proof and address proof, income proof, property documents, bank statements, etc.
Can I pay a prior amount of Loan Against Property?
Yes; all lenders allow the prepayment of LAP. Though some charge certain amounts for the reason of prepayment. It is always better to get in touch with the lender for specific terms.