Overview - Loan Against property
We offer Loan Against Property not only against constructed residential or commercial properties but also against plot of land. Loan against property is nothing but a loan which you avail by keeping your commercial/residential property as a collateral.
Another name for Loan against property is a secured loan. Loan Against Property (LAP), a multi-purpose loan you can avail to meet your financial requirements. Fatafat Finance offers customized property loan to salaried and self employed individuals also.
Different Types of LAP
- Self-owned residential property
- Self-owned and self-occupied residential property
- Self-owned but rented residential property
- Self-owned piece of land
- Self-owned commercial property
- Self-owned but rented commercial property
Eligibility for Salaried Individual
- Age : 33 to 58 years
- Residential status - Resident of India
- Employment Status- Should be a salaried individual employed in a public sector company, private company, or an MNC
- Flexible tenor between 1 and 3 years
Eligibility for Self- Employed Individual
- Age - 25 to 70 years
- Residential status - Resident of Delhi/NCR
- Employment Status- Resident of Delhi/NCR
- Flexible tenor up to 3 years
Benefits
- Hassle-free loan processing
- Attractive Rate of Interest
- Flexible repayment options