loan against property interest rate

1. Loan Against Property Interest Rate A loan against property (LAP) is a secured loan that is authorize against the asset pledged as collateral. This asset can either be an owned land, a house, or any other commercial premises. The asset remains as collateral with the lender until the entire loan against property amount is repaid. Loan Against Property by Green Wall Finance can be availed with maximum finance against the market value of your property at the best loan interest rates. You can continue to occupy your property while we fund your business, leading to its healthy growth. We guarantee doorstep service for loans for your desired end use.

2. Loan Against Property Interest Rate The rate on a secured loan is less than the rate of interest on an unsecured loan. This makes loan against property interest rate a less expensive and a far better alternative to non-public loans Flexible Tenure: The tenure of loan against property usually extends till 20 years, supplying you with the good thing about lower EMIs and greater flexibility of repayment Balance Transfer Facility. Loan against Property Document Required Duly filled loan against property application form Passport size photograph Proof of Identity (Passport Copy /Voter ID card /Driving License /PAN Card) Proof of Residence (Ration card /Telephone Bill /Electricity Bill /Rental agreement /Passport copy /Bank Passbook or Statement /Driving License) Proof of Age (PAN Card /Passport /any other certificate from a statutory authority) Bank Statements (Bank statement /Bank Passbook for the last 6 months) OR Last 6 months salary slips Income Tax Returns for the last 3 years Form 16 Processing Fee Cheque Documentation related to the property offered as collateral Additional Documents Required for Mortgage Loan For Self Employed: Income statements and other financials for the past 2 years attested by a CA For SMEs: Audited financials for the last 2 years