Customized Loan Amount Business loans offer flexible loan amounts tailored to the needs of your business, whether you require a small infusion of capital or a larger investment. Choose a repayment tenure that aligns with your business plans, ranging from short-term loans for immediate needs to long-term loans for significant investments
Flexible Loan Tenure Business loans offer flexible loan amounts tailored to the needs of your business, whether you require a small infusion of capital or a larger investment. Choose a repayment tenure that aligns with your business plans, ranging from short-term loans for immediate needs to long-term loans for significant investments
Term Loan or OD WITH TAX BENEFITS Business loans offer flexible loan amounts tailored to the needs of your business, whether you require a small infusion of capital or a larger investment. Choose a repayment tenure that aligns with your business plans, ranging from short-term loans for immediate needs to long-term loans for significant investments • Quick Approval and Fast Disbursal Business loans often come with a streamlined approval process, allowing you to access funds quickly to seize opportunities or address urgent business needs. larger investment. Choose a repayment tenure that aligns with your business plans, ranging from short-term loans for immediate needs to long-term loans for significant investments
Many lenders offer online application options, making it convenient to apply for a business loan from anywhere. Minimal documentation requirements further simplify the process. Additionally, loan against property interest rates are often competitive, providing a cost-effective solution for businesses. If your business needs additional funds in the future, you can often top up your existing loan or renew it for continued support.
Quick Approval and Fast Disbursal Business loans often come with a streamlined approval process, allowing you to access funds quickly to seize opportunities or address urgent business needs.
Secured and High Loan Amount :
LAP is a secured loan where you pledge your property (residential or commercial) as collateral to access funds. You can avail a substantial loan amount based on the market value of your property, allowing you to meet large financial requirements.
Flexible Tenure and Lower Interest Rates :
Enjoy flexible repayment tenures ranging from 5 years to 20 years, giving you ample time to repay the loan based on your financial situation. LAP generally offers lower interest rates compared to unsecured loans due to the property serving as collateral, reducing the risk for lenders.
Use for Various Purposes :
The loan amount can be used for multiple purposes such as business expansion, debt consolidation, education expenses, home renovation, or any other personal or business needs. LAP can be availed against various types of properties including residential flats, houses, commercial properties, or land.
Quick Processing B.T. Facility :
With minimal documentation and the property as collateral, LAP offers quick processing and disbursal of funds, ensuring timely access to finance. You can transfer your existing LAP from one lender to another for better terms, interest rates, or customer service through a (B.T.) balance transfer facility.
Tax Benefits :
With minimal documentation and the property as collateral, LAP offers quick processing and disbursal of funds, ensuring timely access to finance. You can transfer your existing LAP from one lender to another for better terms, interest rates, or customer service through a (B.T.) balance transfer facility.
Benefits of Loan Against Property (LAP):
Read on to know the criteria required to apply for our Loan Against Property.
You need to be a Citizen of India with documents to prove your claim.
Your lender will require you to furnish details regarding your occupation and income to prove your professional and financial stability to determine your creditworthiness.
Your three-digit Credit Score, indicative of your track record in respect of repayment of loans, and other forms of credit will be a deciding factor to prove your eligibility for a LAP.
Should you have a healthy relationship with your lender, you will not be disapproved for a LAP. Additionally, your lender will offer you better terms and conditions in respect of loan value, interest rates, period of the loan, hidden charges, and processing fees.
Your lender retains the right to decide the loan amount and terms and conditions of your mortgage loan based on the market value of your collateral property. Besides, the market value of the mortgaged property must be higher than the loan amount calculated on the current value of your property.
Your lender will require you to be the current existent owner of the property, and in case of a co-application, you will require to prove multiple ownership clear title. Besides, the property must not be mortgaged with any other financial institution.
1. Proof of identity/residence
2. Proof of income
3. Property-related documents
4. Proof of Business (for self-employed)
5. Account statement for the last 6 months
A Loan Against Property (LAP) is a type of secured loan where you pledge your property (residential or commercial) as collateral to avail funds from a lender. The loan amount is determined based on the value of the property.
You can use residential properties (houses, apartments, flats) or commercial properties (offices, shops, warehouses) as collateral for a LAP.
The maximum loan amount you can get against your property depends on factors such as the market value of the property, your income, age, repayment capacity, and the lender's policies. Typically, lenders offer loans up to a certain percentage (usually 60-70%) of the property's value.
The repayment tenure for a LAP can vary from 5 years to 20 years, depending on the lender's terms and conditions. You can choose a tenure that suits your repayment capacity.
Eligibility criteria for LAP include factors such as age (usually 21-65 years), income stability, property value, credit score, and repayment capacity. Our loan officers will assess your eligibility based on these factors.
Yes, you can use the funds from a LAP for various purposes such as business expansion, education expenses, medical emergencies, debt consolidation, home renovation, or any other personal financial needs.
Customized Loan Amount Business loans offer flexible loan amounts tailored to the needs of your business, whether you require a small infusion of capital or a larger investment. Choose a repayment tenure that aligns with your business plans, ranging from short-term loans for immediate needs to long-term loans for significant investments
Flexible Loan Tenure Business loans offer flexible loan amounts tailored to the needs of your business, whether you require a small infusion of capital or a larger investment. Choose a repayment tenure that aligns with your business plans, ranging from short-term loans for immediate needs to long-term loans for significant investments
Term Loan or OD WITH TAX BENEFITS Business loans offer flexible loan amounts tailored to the needs of your business, whether you require a small infusion of capital or a larger investment. Choose a repayment tenure that aligns with your business plans, ranging from short-term loans for immediate needs to long-term loans for significant investments • Quick Approval and Fast Disbursal Business loans often come with a streamlined approval process, allowing you to access funds quickly to seize opportunities or address urgent business needs. larger investment. Choose a repayment tenure that aligns with your business plans, ranging from short-term loans for immediate needs to long-term loans for significant investments
Many lenders offer online application options, making it convenient to apply for a business loan from anywhere. Minimal documentation requirements further simplify the process. Additionally, loan against property interest rates are often competitive, providing a cost-effective solution for businesses. If your business needs additional funds in the future, you can often top up your existing loan or renew it for continued support.
Quick Approval and Fast Disbursal Business loans often come with a streamlined approval process, allowing you to access funds quickly to seize opportunities or address urgent business needs.
Secured and High Loan Amount :
LAP is a secured loan where you pledge your property (residential or commercial) as collateral to access funds. You can avail a substantial loan amount based on the market value of your property, allowing you to meet large financial requirements.
Flexible Tenure and Lower Interest Rates :
Enjoy flexible repayment tenures ranging from 5 years to 20 years, giving you ample time to repay the loan based on your financial situation. LAP generally offers lower interest rates compared to unsecured loans due to the property serving as collateral, reducing the risk for lenders.
Use for Various Purposes :
The loan amount can be used for multiple purposes such as business expansion, debt consolidation, education expenses, home renovation, or any other personal or business needs. LAP can be availed against various types of properties including residential flats, houses, commercial properties, or land.
Quick Processing B.T. Facility :
With minimal documentation and the property as collateral, LAP offers quick processing and disbursal of funds, ensuring timely access to finance. You can transfer your existing LAP from one lender to another for better terms, interest rates, or customer service through a (B.T.) balance transfer facility.
Tax Benefits :
With minimal documentation and the property as collateral, LAP offers quick processing and disbursal of funds, ensuring timely access to finance. You can transfer your existing LAP from one lender to another for better terms, interest rates, or customer service through a (B.T.) balance transfer facility.
Benefits of Loan Against Property (LAP):
You need to be a Citizen of India with documents to prove your claim.
Your lender will require you to furnish details regarding your occupation and income to prove your professional and financial stability to determine your creditworthiness.
Your three-digit Credit Score, indicative of your track record in respect of repayment of loans, and other forms of credit will be a deciding factor to prove your eligibility for a LAP.
Should you have a healthy relationship with your lender, you will not be disapproved for a LAP. Additionally, your lender will offer you better terms and conditions in respect of loan value, interest rates, period of the loan, hidden charges, and processing fees.
Your lender retains the right to decide the loan amount and terms and conditions of your mortgage loan based on the market value of your collateral property. Besides, the market value of the mortgaged property must be higher than the loan amount calculated on the current value of your property.
Your lender will require you to be the current existent owner of the property, and in case of a co-application, you will require to prove multiple ownership clear title. Besides, the property must not be mortgaged with any other financial institution.
1. Proof of identity/residence
2. Proof of income
3. Property-related documents
4. Proof of Business (for self-employed)
5. Account statement for the last 6 months
An EMI calculator is a useful tool that can help you estimate the monthly installments you will have to pay towards your Loan Against Property loan within a specific period. By using the Noble Fintech Advisory EMI calculator, you can calculate your EMI beforehand, which can help you plan your finances better. Additionally, you can check your eligibility and compare different loan options using Noble Fintech Advisory Loan Against Property Loan calculator.
A Loan Against Property (LAP) is a type of secured loan where you pledge your property (residential or commercial) as collateral to avail funds from a lender. The loan amount is determined based on the value of the property.
You can use residential properties (houses, apartments, flats) or commercial properties (offices, shops, warehouses) as collateral for a LAP.
The maximum loan amount you can get against your property depends on factors such as the market value of the property, your income, age, repayment capacity, and the lender's policies. Typically, lenders offer loans up to a certain percentage (usually 60-70%) of the property's value.
The repayment tenure for a LAP can vary from 5 years to 20 years, depending on the lender's terms and conditions. You can choose a tenure that suits your repayment capacity.
Eligibility criteria for LAP include factors such as age (usually 21-65 years), income stability, property value, credit score, and repayment capacity. Our loan officers will assess your eligibility based on these factors.
Yes, you can use the funds from a LAP for various purposes such as business expansion, education expenses, medical emergencies, debt consolidation, home renovation, or any other personal financial needs.
At Noble Fintech Advisory, we strive to help you go beyond the expected. We don't just offer loans; we provide financial solutions tailored to your needs. Our commitment to transparency, excellence in customer services, our innovative loan products ensures that you achieve your goals with confidence.
217, Off B/2, Parmar Trade Center, 12 Cannaught House And Road, Pune, Maharashtra, 411001
