K&S Loan Mentors
K&S Loan Mentors is Financial Consultancy who consult their client as per their needs
K&S Loan Mentors is Financial Consultancy who consult their client as per their needs
Lowest Interest Rates – Calculate EMI – Check Eligibility – Instant e-Approval – Special Offers
It is a secured loan where your property serves as collateral and the banks or non-banking financial companies lend you some money based on the value of the property. Well, the money you get can be used for any of your personal needs. The property for which you can borrow a loan could be a house, an apartment, land whether commercial or residential and a shop. The property on which you borrow a loan will remain under the custody of the lending authority until the complete amount is repaid. Both salaried and self-employed are eligible to borrow a loan against property.
This is one of the most basic types of loan against property where you keep any of your residential or commercial property as collateral and get money from banks or non-banking financial companies. The loan amount that you’ll get will depend on the current value of your property. Here, the property on which you can get a LAP could be self-occupied, rented, or vacant, but it should be owned by you. Here, you need to make sure that all the property papers must be complete as any glitches may cancel your loan application.
Your entire borrowing process simple and user friendly You can get your loan funded in as little as 48 hours
We will customize a loan based on the amount of cash your company need term length
We will customize a loan based on the amount of cash your company need term length
We will customize a loan based on the amount of cash your company need term length
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If want to apply for a Loan Against Property, you must meet the following criteria.
| Age | Min 25 years Max 70 years |
| Income | Minimum Profit Rs. 10, 00,000 per year |
| Business Duration | Minimum 3 years in the current Business |
Here are the common questions that people ask.
You take a loan against property to meet any of your personal or business needs.
Depending on the amount borrowed, you can get as many as 15 years to repay it.
No, your property will serve as a security until the complete loan amount is repaid.