Unlock the Potential of Your Property with Flexible Loan Solutions
When you need funds for business or personal needs—whether starting a new venture or expanding an existing one—you can leverage your property to its fullest potential by opting for a loan against property. This versatile financial solution caters to both business and personal financial requirements.
At Finset Fincare Financial Services, we provide the best long-term capital solution with our instant loan against property. Benefit from competitive interest rates and flexible repayment options tailored to your needs. You can mortgage your residential or commercial property to access low EMIs through our loan against property offering.
Unlock the Value of Your Property with Finset Fincare
At Finset Fincare, we are committed to helping you unlock the true value of your property.
Flexible Loan Amounts
Access significant funds based on your property's market value, providing financial support for various needs, from large purchases to investments.
Competitive Interest Rates
Enjoy affordable rates that ensure your monthly payments are manageable, allowing you to save on interest throughout the loan period.
Long Tenure Options
Choose repayment terms up to 15 years, offering flexibility to plan your finances and reduce monthly EMI burdens.
Quick Approval and Disbursement
Enjoy a streamlined application process with minimal documentation and fast approval, ensuring you get timely access to funds.
What we offer
Our Loan Against Property service offers competitive interest rates, flexible repayment terms, and quick approval processes to ensure you have the financial support you need. Whether you’re looking to expand your business, consolidate debt, or meet personal financial goals, our dedicated team is here to assist you every step of the way. Trust us to provide you with seamless and reliable financial solutions.
High Loan Amount
Leverage up to 70-80% of your property's market value, providing substantial funds for large expenditures or investments.
Financial Flexibility
Utilize the loan for any purpose you need, whether it's expanding your business, consolidating debt, funding education, covering medical expenses, or anything else, giving you full financial freedom.
Affordable EMIs
Manageable monthly payments with competitive interest rates and long tenure options, ensuring your financial stability and peace of mind.
Eligibility Criteria
- Assessing the present state and market value of your property is crucial when considering options for a mortgage or a loan using your property as collateral
- Your Current Income.
- The nature and continuity of your employment
- When applying for a loan, it is important to discuss the purpose of the loan with the lender, as this may have an impact on the loan's approval
- Your past credit history
- Your current financial obligations, such as any ongoing installment payments or EMIs, the number of active credit cards you possess, and their respective credit limits, are essential considerations when applying for loans or credit
Loan Against Property FAQs
Generally, residential or commercial properties such as plots, apartments, houses, shops, or offices can be used as collateral for a loan against property.
– Interest rates for loans against property are generally lower compared to unsecured loans but higher than home loans. The rates can vary depending on factors such as the lender, loan amount, tenure, and the borrower’s credit profile.
The repayment tenure for a loan against property can range from 5 to 20 years, depending on the lender’s terms and conditions and the borrower’s preference.
– Eligibility for a loan against property is determined based on factors such as the value of the property, the borrower’s income, age, credit history, and the lender’s policies.
– If you default on the repayment of the loan, the lender has the right to take possession of the property pledged as collateral and sell it to recover the outstanding amount.
– Yes, you can prepay the loan against property either partially or fully. Some lenders may charge prepayment penalties, while others may allow prepayment without any additional charges. It’s essential to check the prepayment terms with the lender before availing the loan.
