Personal Loan against Property in Coimbatore
Loan against Commercial & Residential Properties in Coimbatore – at the lowest interest rate
If you require funds, you can rely on Easy Home Loan, which provides Loan Against Property. We offer you the highest loan value for your home, up to 80%. You will pay lower EMIs if you take out a loan for a more extended period, up to 20 years. We provide funding for many properties, including residential, commercial, industrial, and godown properties. If you already have a Loan Against Property with another lender, you can quickly transfer it and take advantage of great features like the top-up facility. Furthermore, we will cover your foreclosure costs! With Easy Home Loan Finance's Loan Against Property, you can make the best decision for your funding needs.
- Get a large sanction
- Enjoy the lowest interest rate
- Repay over a longer tenure
Apply for Loan against Property in Coimbatore
You can use the value locked up in a property to meet any expenses you may have with a loan against the property. While the total value of your home determines the loan amount, you are free to spend the money however you want. Your property secures the loan, but you can continue to use it as usual. Easy Home Loan in Pondicherry offers personalized property loans based on your needs. So, whether you're employed, self-employed, or run a small business, we've got a product for you. Every customer enjoys a hassle-free experience thanks to our streamlined process with minimal documentation.
If you are a salaried individual, self-employed individual, or a small business, you may be eligible for a loan against property. Your ability to repay is determined by various factors, including your income, fixed obligations, credit history, and so on. As a result, you must submit the following documents for a loan against property in addition to the loan application.
- Proof of Identity
- Address Proof
- Age proof
- Bank Statements for the last six months
- Last six months salary slips
- Audited financial statements (for self-employed and SME applicants)
- Income Tax Returns for the last three years
For salaried
Income proof includes the most recent two years' ITR/Form 16, the most recent six months' bank statement reflecting salary credit, and the most recent three months' salary slips. Sanction letter, amort schedule/account statement are some of the details of running loans.
Property Document: A complete chain of title deeds for the property and an approved layout/plan.
For Self-Employed:
Shop Act License/MOA & AOA/GST registration/ITR, Partnership Deed are examples of business proof. If there are any running loans, please provide the following information: Letter of sanction, amortization schedule/account statement.
Property Document: A complete chain of title deeds for the property and an approved layout/plan.
Any one of the additional documents
- Basis banking
- Basis GST
- Basis Income
What is a Loan against property?
It is a type of mortgage loan given to individuals, businesses, and corporations in exchange for their existing property. The loan is typically used for business expansion, debt consolidation, and other similar purposes. A Loan Against Property allows you to access the hidden equity in your real estate investments. You can take out a loan against your home and pay it back in EMIs over time. It allows you to keep your home while simultaneously raising funds for your business
What are the features of this property loan?
Apart from the numerous advantages of this loan, here are some of the features we provide:
Exceptional customer service with simple documentation and processes
We offer a one-of-a-kind loan transfer and top-up service in which we pay the loan closure fees.
Increased mortgage loan facility based on audited financials
Obtain a fast loan based on your business bank statements or GST returns.
For salaried individuals, a loan against property is available.
Rental income-based eligibility with a rental discount program through the facility of lease
Obtain a mortgage loan to purchase a commercial property.
Financing options for non-profits
What types of properties are eligible for a loan against property?
The following properties are eligible as collateral for our Loan Against Property:
- Residential
- Commercial
- Industrial plots
- Godowns
What types of properties are eligible for a loan against property?
Easy Home Loan offers Personal Loans for various reasons, including weddings, vacations, education, home renovations, and emergencies. Personal loans can be used to meet immediate financial needs and borrow money for your expenses.