All Factors to Know About Property Loan - PowerPoint PPT Presentation

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All Factors to Know About Property Loan

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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 kid’s higher education, manage your wedding expenses or develop your business, then availing a LAP scheme proves advantageous. – PowerPoint PPT presentation

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Title: All Factors to Know About Property Loan


1
All Factors to Know About Property Loan
2
Why 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.

3
Loan 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.

4
The Benefits

Tax exemption on LAP
Hassle Free Loan Approval
Loan Amount
Easy Balance Transfer Facility
Flexible Repayment Tenor
5
How 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.

6
Have 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.

7
For 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

8
To 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.
9
THANK YOU
Visit https//www.bajajfinserv.in/loan-against-p
roperty
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