Title: All Factors to Know About Property Loan
1All Factors to Know About Property Loan
2Why to choose property loan
- A property loan is a beneficial financial tool
that is safe, secure and offers finances against
the property mortgaged. In case you need funds to
finance your kids higher education, manage your
wedding expenses or develop your business, then
availing a LAP scheme proves advantageous.
3Loan Against Property Features
- To avail funding that a traditional personal loan
cannot offer, a loan against property is the
ideal alternative. It is a secured loan that can
be used without any restriction. - Additionally, the loan against property interest
rate is lower with longer tenors in comparison to
unsecured loans. However, in order to avail the
benefits of this loan, certain factors are to be
considered.
4The Benefits
Tax exemption on LAP
Hassle Free Loan Approval
Loan Amount
Easy Balance Transfer Facility
Flexible Repayment Tenor
5How to Calculator with LAP EMI Calculator?
- Simply enter the following information
- The Loan Amount
- Tenor( In Months)
- Rate Of Interest
- The LAP EMI calculator helps you calculate the
equated monthly instalments (EMIs) you have to
pay the lender each month till the loan. Use this
mortgage calculator to determine your monthly
payment and generate an estimated amortization
schedule. Property Loan Calculator or a LAP EMI
Calculator is very easy to use.
6Have Queries in Mind
- Do you want to buy a branded car? Want to get a
new home? Want to expand your income by expanding
your business? In life a person has so much
ambition to fulfill, but one thing constantly
stops you from going further in your life in the
support of money, It is the financial problems
which you face in your daily life. These
Financial problems can be the most stressful
thing which happens to you. But, dont freak out
as we have an option for you, which is the
property loan.
7For salaried individuals
For Self Employed
- Latest salary slips
- Bank account statement for past 3 months
- PAN Card/ Aadhar Card
- Address Proof
- IT Returns
- Copy of the documents of the property
- Bank account statement for past 6 months
- PAN Card/ Aadhar Card
- Address Proof
- Copy of the documents of the property
8To fulfill the financial requirements like
starting a new business, the higher education of
your child, medical treatment or wedding
expenses, a mortgage loan may be your most
feasible option as it offers ample finances. You
can avail this loan by pledging your property
with a lender.
9THANK YOU
Visit https//www.bajajfinserv.in/loan-against-p
roperty