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A loan against property or a mortgage loan is a convenient way to fund your business or meet your personal needs. You can be self-employed or a salaried person to secure a mortgage loan. Payoutsbazaarcan help unlock the hidden value in your property to offer you a loan against property. Here are some features.
With the Loan Against Property you can borrow as little as Rs. 10 lakhs to as high as Rs. 10 crores. You may seek the loan either to capitalise and boost your business or for your personal purposes.
Our mortgage loans experts are designed to unlock the maximum value of your property. You can borrow up to 90% of your property’s market value.
You can repay your mortgage loan according to your cash flow and budget so that you are never under pressure of monthly instalments. You can borrow for tenures of as long as 20 years and modify your loan tenure to suit your financial situation.
A wide array of loan options for property are available to the borrowers
Banks provide products which are tailored to meet your requirements; in addition, insurance options for property are available at competitive and attractive premiums.
Banks offers loan against property to individuals and businesses. In order to establish if you meet our loan against property eligibility, we have stipulated simple parameters. You can get a loan against property for business in order to expand capacity or for meeting capital needs of your enterprise. Here are some basic eligibility criteria
You can apply for loan against property online. Just fill up the simple application form on our website to get started.
Once you apply for a mortgage loan through our website, we will verify the same and schedule a personal discussion to know your requirement in detail.
Post receiving your application for loan against property and having a personal discussion, bank will inspect the property.
On processing your loan application, bank will disburse your loan amount through a direct credit into your bank account.
The documents required to apply for loan against property are easy to obtain. It’s best to gather all loan against property documents before you submit your loan request. Indicated below is the list of documents required to avail a loan against property.
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