What Are The Types Of Loans Against Property Available In India


Prafullamishra3894

Uploaded on Jul 21, 2022

There are different types of Loan against property are given below:- Residential property Commercial property Co-owned property Industrial property https://www.bajajhousingfinance.in/types-of-loan-against-property

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What Are The Types Of Loans Against Property Available In India

What Are The Types Of Loan Against Property Available In India What is Loan Against Property? ● Loan Against Property is a secured loan product that can be useful for both salaried individual as well as businesses. ● It is a loan which avail by keeping our commercial/residential property as a collateral. Loan Against Property can be termed as a mortgage loan, it is the loan value ratio which depend on the lender’s evaluate the property. ● Property loan give them ample time to comfortably repay the loan without compromising their existing and future financial plans. Types of Loan Against Property There are different types of Loan against property are given below:- ● Residential property ● Commercial property ● Co-owned property ● Industrial property What is Loan Against Property Calculator ● Property loan is an essential part of homebuying process for most borrower. ● Property loan is ‘secured’ against property. ● The borrower agree to pay the lender overtime, typically in a series of regular payment that are divided into principal and interest. ● Loan Against Property Calculator is automatic tool that enable user to determine the financial implication to change in one or more variables in a mortgage financing arrangement. Guidance to Get a Loan Against Property There are several step that determine how to apply for loan against property :- ● Check the eligibility criteria ● Confirm all the required document ● Confirm that you are applying for fixed or floating interest on loan against property ● Fill online application form of loan against property ● Await contact from the lender’s authorised representative ● Submission of document Apply for Loan Against Property If you’re wondering to taking loan against property you can fill all the documentation process. Once you submit the application, our representative will get in touch with you within 24 hours* and explain the next steps. Alternatively, you can also walk into any of our branches around India, where our representatives can guide you through the process. More Info:- BAJAJ HOUSING FINANCE LIMITED Cerebrum IT Park, 5th Floor B2 Building, Holy Cross Rd, Kalyani Nagar Pune, Maharashtra - 411014 Phone number : +91 8698010101 Email id: [email protected] Follow us on:- /Bajaj-Housing-Finance-Limited bajaj-housing-finance-limited/ -106889874092628/ mycompany/