1 / 2

Decoding Collateral Loans and Its Various Facets

HeroHousing offers collateral loans, a financial service that allows individuals to borrow money by using their assets as security. Collateral refers to any valuable item such as real estate, vehicles, or other possessions that the borrower owns and pledges to the lender as collateral for the loan.

ChaviChadha
Télécharger la présentation

Decoding Collateral Loans and Its Various Facets

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. Decoding Collateral Loans and Its Various Facets Numerous products are available from financial institutions to assist you in financing your purchase. However, collateral loans are one product that has attracted a lot of interest from borrowers. Understanding collateral loan This loan, commonly called a secured form of financing, allows you to borrow money by pledging assets such as their home, car, or investments as collateral. The amount of funding you can obtain is determined by your creditworthiness and the value of the assets you put as security. Different forms of collateral loans ·Loan against property: Funds are available by mortgaging real estate assets. ·Gold loan: You can use your gold jewellery, coins, or bars to secure funds. ·Vehicle loan: This loan option assists in the acquisition of either a four-wheeler or a two-wheeler. ·Loan against investment: Funds can be obtained by pledging fixed deposits or life insurance policies. ·Equipment finance: With this loan product, you can finance the purchase of heavy plants or machinery. ·Loan against inventory: You have the option to secure funds using underlying securities in your business.

  2. Perks of obtaining a collateral loan ·You can obtain a higher loan amount up to 70% of the LTV. ·Interest rates are lower than other forms of financing available on the market. ·You are free to utilise the money however you see fit. Factors affecting collateral loan decision ·The type of asset and its worth decides your loan approval ·The length of time you want to repay the debt. ·Turnaround time of loan disbursement. ·Processing fee applicable on your loan application. ABOUT COMPANY: HERO HOUSING FINANCE LTD. Address: 9, Community Centre, Basant Lok, Vasant Vihar, New Delhi, Delhi, 110057 Contact: 1800-212-8800 Email: customer.care@herohfl.com Website: https://www.herohousingfinance.com/ Visit here: Decoding Collateral Loans and Its Various Facets

More Related