Loan Against Property

Introduction

India has an overabundance of human capital, which translates to a large number of businesses. While the Government has tried to draft rules, regulations & schemes which incentivize the growth of businesses, it is difficult for entrepreneurs to not only realize the incentives available but also acquire funding for the growth of their ventures. The finances end up being locked behind legal hurdles that the average entrepreneur cannot hope to surmount alone.

However, by relying on our team, you can sign up for our business loan service and assure yourself with the fact that we would be there to help you scale all obstacles in your way. Our business experts would ensure that you get the best deal for your budding business. Sign up now to get the finances you need to scale your business to new heights!

LEGAL356 is the best business and legal services platform for services relating to loans in India, offering a variety of loans like a Business loan, Home Loan, Loan against Property, Term loan, Working capital, Bank loan syndication, CMA report preparation, Bank loan rating and credit score check for easily obtain loans.

LEGAL356 will help you to obtain loan services easily from the comfort of your home, offering you services that are very specialized and tailored for each individual.

Get the best proposal for Loan against property or request a call back with our top-rated Experts with a simple sign up with us!

Advantages Of Taking Loan Against Property

Why should you avail our business loan services?

• Interest rates are low for secured loans.

• Prepayment charges for Loan against Property are generally lower.

• Since the debt is secured, loan applications are generally easily accepted.

• Lower EMIs exist as the term of repayment is generally on the longer side.

Eligibility Criteria Of Loan Against Property

In order to sign up for our loan against property assistance service, applicants should –

• Ensure that the property to be used as collateral does not have any outstanding disputes associated with it.

• Be an Indian national.

• Be no younger than 21 years.

• Have an annual income of 3 lakhs (in the case of a salaried employee) or 5 lakhs (in the case of self-employed individuals).

• Have a high credit score.

Required Documents For Loan Against Property

For Salaried Employees:

• Valid Identity proof.

• Salary slip for the past 3 months from the loan application.

• Form-16 is issued by the current employer.

• Bank statement for last 6 months from the loan application.

For Self-employed businessmen:

• Valid Identity proof.

• Education Credentials.

• Income Tax Returns for the past three years from the loan application.

• Bank statement for the last 6 months from the loan application.

Registration Process

Registration Procedure For Loan Against Property

LEGAL356 will help you to obtain Loan Against Property services easily from the comfort of your home, offering you services that are very specialized and tailored for each individual.

Get the best proposal for or request a call back with our top-rated Experts with a simple sign up with us!