Loan Against Property

When stuck with a financial dilemma we often consider applying for a personal loan. But a personal loan can add on to your financial distress due to a higher rate of interest. Opting for Loan Against Property loan may prove to be an affordable option in such a situation.

What is Loan Against Property?
A loan Against Property means Loan sanctioned against asset pledged , This asset may land , Home etc.

Why Loan Against Property? :

Low interest rate: This means you can avail lower interest rate. Also, the loan processing takes lesser time.

No credit history : For collateral matters as the banks do not ask for employment status, income proof or check credit history for sanctioning gold loan.

Easy repayment: : You can pay only the interest amount during the loan tenure. The principal can be paid in a lumpsum at the end of the tenure.

Key features of gold loan:

1.Loan amount varies from bank to bank. ..

2.With longer tenures for repayment, the interest offered is competitive.

3.Easy repayments are made through EMIs.

4.Minimum age requirement is 21 years and can go up to 65 years.

Loan Against Property

Loan Against Property

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