Loan Against Property(LAP)

Mortgage Loan or Loans Against Property (LAPs) are secured loans offered by banks and financial institutions using one or more properties owned by you as collateral. These are long-term loans and repayment periods can be anything from 10 years to 15 years. The rate of interest for the loan and the loan amount varies on a case by case basis depending on the type of property and other factors specified by the lender.

It is important to remember that the property which you are putting up for your loan as security should be free of any encumbrance (i.e. it is not pledged as security for any purpose or any other loan).

Loan Against Property Benefits

Loans against property is a highly preferred form of loan in India. Along with being cost-effective, these loans are easy to avail and repay due to the relatively low Rate of interest and longer tenure.

Why Tiwari Financial Services?

  • Easily avail the high-value loans:

    We at Tiwari Financial Services make sure to provide you the maximum loan amount against your property.

  • Hassle-free process:

    The eligibility criterion for the loan against property is simple and quick. All you have to be is the owner of any residential or commercial property. The processing time is very short with minimal documentation requirement.

  • Flexible tenure:

    You can avail the loan amount for a very long period of time. The tenure period for the loan against property varies from 5- 20 years with easy monthly EMIs.

  • Easy repayments:

    You can easily repay the loan amount in monthly installments. Just pay the minimal amount of interest only on the utilized amount of loan. You can also prepay or part-prepay your loan amount at minimal charges.

Terms and Conditions

This information is for customer knowledge and awareness. The final decision lies with the Banks and NBFC’s with regards to approval of the loan application.

Kindly contact +91 9972908696/+91 9972718696 or please visit the office for any queries or advise.

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