Loan Against Property Services in Chennai

Un-secure Business Loan,Private Finance,Doctor's Loan,Home Loan,BT & Topup Loan,Corporate Finance,Project Finance,MSME Loan&Finance In Chennai Tamil Nadu.Loan Agains Property,CV,CE,Medical Equipment Loan & Finance In Chennai TamilNadu.   

What is Loan Against Property? A Loan against property or LAP is a loan given by the lender to the borrower against the property mortgaged. Unlike the unsecured loan, the loan against property involves a security that is the property, which the borrower can mortgage in case the loan is not repaid by the borrower. Hence, it is a type of mortgage loan. In such loans, the market value of the property is calculated and the loan furnished is a certain percentage of the market value of the loan.

A loan against property is a way to boost funds as per your requirement by pledging your already existing property as collateral. The requirement can be buying a new property, financing your education, etc. You can pledge your existing property and avail of loans against it. However, the entire process of availing a loan against property can be challenging. Some banks and NBFCs make this entire process smooth and hustle-free.There are few basic steps involved in the takeover process of a Loan against property. 1. FILLING OUT THE APPLICATION FORM  2. DOCUMENTS SUBMISSION 3.  VERIFICATION OF DOCUMENTS 4. SANCTIONED LETTER FROM THE LENDER 5. EVALUATION OF PROPERTY 6. FUND TRANSFER TO THE ACCOUNT

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Apply for Loan Against Property? SHFL offers mortgage loans at exciting interest rates. Know about the eligibility, benefits, procedures, and documents needed. Get the maximum value for your property with Sundaram Home. Our Loan Against Mortgage of Property (LAMP) facility helps you meet your financial needs with speedy process and competitive rates. The trust and reputation of Sundaram Home, will ensure that your property is in safe hands too!

Secured loan only( private finance ) loan offered from minimum 50cr and above against project & (property and collateral= 130%) . Simple documentation. 15 working days process only. Interest -( 6%-12%) per annum. note :-terms - upfront/processing charges 10lak rupees if loan is sanctioned. And working capital should be of atleast 3cr should possess with client account.

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