1 / 7

Everything You Need to Know About Loan Against Property

Home Loan Against Property give best loan on your property. Avail loan against property for fulfilling personal needs. Visit our website today, everything you need to know about home loan against property every step in detail is present on our website. Visit:- https://www.bajajhousingfinance.in/loan-against-property

Armaan1
Télécharger la présentation

Everything You Need to Know About Loan Against Property

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. PROPERTY LOAN EVERYTHING YOU NEED TO KNOW ABOUT LOAN AGAINST PROPERTY

  2. What is Loan Against Property (LAP)? A home loan that you take against a property that you own, is defined as a ‘LAP’ in India’s housing finance world. Owing to the comparatively longer tenure and lower interest rates, it has emerged as a popular form of long-term loan, especially among the self-employed in India.

  3. How to Take Loan on Your Property? A LAP could be taken against residential, industrial and commercial properties. In case of residential property, it could be a rented out property or a self-occupied property, including apartments, flats, individual homes, etc. Commercial property includes office buildings, shops, malls, complexes, etc. Through this presentation you will haveeverything you need to know about Loan against property.

  4. How Much Loan You Can Get Against Property? Banks only offer a certain percentage of your property’s market value as LAP. Depending on the bank from where you are taking the mortgage, the LAP amount could vary between 90% and 70% of the property’s market value. Most lenders keep a 70:30 loan-to-value ratio.

  5. Who Can Get a Loan Against Property? There are certain age and income specifications that borrowers have to meet, to mortgage their property.

  6. What Documents Do You Need to Apply for LAP? Self-employed and salaried individuals are asked to submit different sets of documents, along with their LAP application.

  7. GET IN TOUCH BAJAJ HOUSING FINANCE LIMITED Cerebrum IT Park, 5th Floor B2 Building, Holy Cross Rd, Kalyani Nagar, Pune, Maharashtra 411014 Phone number : +91 8698010101 Follow us on:- /Bajaj-Housing-Finance-Limited-106889874092628/ bajaj-housing-finance-limited/mycompany/

More Related