Loan against property is a type of secured loan offered by Laxmi Fincorp. It is a financial instrument that allows an individual to borrow money by using his/her residential or commercial property as collateral. Loan amount is usually determined based on the market value of the property offered as collateral.
The loan against property offered by Laxmi Fincorp can be used for a variety of purposes, including business expansion, purchasing a new property, debt consolidation, and home improvement. Loan tenure can be up to 20 years and loan amounts above to Rs. 1crore,with lowest interest rates.
Laxmi Fincorp offers several features associated with loan against property, including flexible repayment options, competitive interest rates, flexible loan tenure, and no pre-payment charges. The loan application process is simple and quick, and customers can avail loan against property within 48 hours.
Laxmi Fincorp also provides a range of additional services, like free credit report, free legal advice, and free property evaluation. These services help customers make an informed decision about their loan against property.
Loan against property is an ideal option for those looking to avail a large loan. It is a great way to unlock the value of one’s property without having to sell it. With Laxmi Fincorp, customers can avail loan against property at competitive rates and with minimal documentation.