Our Locations
LGF-5, RD City Centre, Railway Road, Hisar, Haryana
Call For Us
+91 83970 44041
Email For Us
info@suvidhafinance.in
Introduction
Unlock Your Property's Potential with Suvidha Finance.
Suvidha Finance Company offers Loan Against Property (LAP) services, a versatile financial solution designed to help individuals and businesses unlock the value of their property to meet a wide range of financial needs. Whether you are a business owner looking to expand operations, a parent planning for your child’s education, facing unexpected medical expenses, or addressing personal financial requirements, our LAP solutions provide a flexible and convenient way to access significant amounts of money by leveraging your existing property.
Key Features
Suvidha Finance provides substantial loan amounts based on the market value of your residential or commercial property, allowing you to meet your financial needs effectively.
Our LAP services come with attractive interest rates, making it a cost-effective borrowing option compared to other types of loans.
We have simplified the documentation process, requiring only essential documents to make the application procedure quick and hassle-free.
Our efficient verification and approval process ensures that you receive the loan amount promptly, without unnecessary delays.
Loan Against Property Eligibility
Eligibility for a Loan Against Property varies based on whether you are a salaried individual, self-employed, or an SME. Your repayment capacity is evaluated considering factors such as income, existing obligations, and credit history. To apply, you will need to provide the following documents:
- Proof of Identity
- Address Proof
- Proof of Age
- Bank Statements for the Last 6 Months
- Last 6 Months’ Salary Slips (for salaried individuals)
- Audited Financial Statements (for self-employed and SME applicants)
- Form 16
- Income Tax Returns for the Last 3 Years
- Processing Fee Cheque
- Documentation Related to the Property Offered as Collateral
Why Choose Suvidha Finance Company?
Suvidha Finance
Frequently asked questions (FAQs)
What is a Loan Against Property (LAP)?
A Loan Against Property (LAP) is a secured loan where you use your property as collateral to borrow funds. It can be used for various purposes, such as business expansion, education, or personal needs.
What types of properties are eligible for LAP?
Both residential and commercial properties are eligible for LAP. The property must be owned by you and free from legal disputes or encumbrances.
How is the loan amount determined?
The loan amount is based on the market value of your property and your ability to repay. Lenders typically offer up to 60-70% of the property’s value as a loan.
What are the interest rates for LAP?
Interest rates for LAP vary depending on the lender, your credit profile, and the loan amount. It’s best to compare rates from different lenders to get the most favorable terms.
How long does it take to get a LAP approved?
The approval process can take anywhere from a few days to a few weeks, depending on the lender, the completeness of your documentation, and the property valuation process.
Quick Contact
Call For Us
+91 83970 44041
Email For Us
info@suvidhafinance.in
Suvidha Finance Company is dedicated to delivering innovative and accessible financial solutions to help individuals and businesses achieve their financial goals. Specializing in home loans and loans against property, we offer tailored financial products designed to meet the diverse needs of our clients.
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Get In Touch
Phone : +91 83970 44041
Mail : info@suvidhafinance.com
Denounce with righteous indignation and dislike men who are beguiled
and demoralized by the charms pleasure moment so blinded desire that
they cannot foresee the pain and trouble.
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