Unlock the Value of Your Property with Our Loan Against PropertyAt Fintech Financial Solutions, we understand that your property is a valuable asset that can help you secure the funds you need for various financial requirements. Our Loan Against Property (LAP) is designed to provide you with the financial support you need by leveraging the value of your residential or commercial property. Whether you need funds for business expansion, education, medical emergencies, or any other purpose, our LAP offers a flexible and convenient solution.
A Loan Against Property (LAP) is a secured loan that allows individuals to borrow money by pledging their residential or commercial property as collateral. It is an attractive option for those who need funds for various financial needs, such as business expansion, education, medical emergencies, or any other personal or professional purposes.
.png)
We offer high loan amounts based on the value of your property, ensuring that you have access to the funds you need.
Choose a repayment term that suits your financial situation,allowing you to choose a tenure with options ranging from 5 to 20 years.
Our streamlined application process ensures that you can apply for a loan against property quickly and easily, with minimal paperwork.
We believe in transparency, and our loan terms and conditions are clearly outlined to ensure you understand every aspect.
• You must have a good credit history
• Nature of Employment: Salaried employee of a public or private organization, or Self-employed professional.
• You must be able to provide collateral, such as property or equipment
• Age: Minimum of 21 years at the time of application and Maximum of 65 years by the time of loan maturity.
• Nationality: Resident Indian
• Income : Salaried -Residents from other Indian cities: ₹20,000 per month.
Self-Employed: Minimal annual turnover depending on the nature of the industry/profession.
•Credit Score: 750 or above, with a good credit history.
• Work Experience: Overall work experience: At least 1 year and In current organization: At least 6 months
At Fintech ,documentation for LAP applications involves basic KYC documents(PAN, address proof) bank statements and Personal documents. Here is a list for quick references
SALARIED | SELF EMPLOYED |
PAY SLIP LAST 3 MONTHS | GST CERTIFICATE |
BANK STATEMENT LAST 6 MONTH | GST 3B RETURNS LAST ONE YEAR |
EMPOLYEE ID CARD | ITR LAST 3 YEARS |
FROM 16 (LAST 2 YEAR). | BANK STATEMENT LAST ONE YEAR TO TILL DATE AND MSME/UDHAYAM |
Get a Free Demo From The Fintech solution.