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If you are going to take loans against property but you have not complete knowledge about its types and function then look at our presentation now.<br>Visit:- https://www.bajajhousingfinance.in/types-of-loan-against-property<br><br>
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What are the Types of Loans Against Property Available in India
Overview • A Loan Against Property is a secured loan that allows you to mortgage your residential or commercial property for a sizeable sum. • This asset can either be an owned loan, a house, or any commercial premises. The asset remain as collateral with the lender until the entire loan against property amount is repaid. • Loan Against Property is competitive, and can repay the loan with interest over a period of up to 18 years.
Features of Loan Against Property • A Loan Against Property is a secured loan that allows you to mortgage your residential or commercial property for a sizeable sum. • This asset can either be an owned loan, a house, or any commercial premises. The asset remain as collateral with the lender until the entire loan against property amount is repaid. • Loan Against Property is competitive, and can repay the loan with interest over a period of up to 18 years.
Eligibility Criteria for Loan Against Property There is an loan against property eligibility criteria to avail loan: • Own residential and commercial properties in own name or family member. • Should be an individual who is an employee, professional, self-employed or income tax assessed or NRI. • Minimum annual net income of Rs. 3 Lacs. • Maximum age limit of 70 years.
Apply for Home Loan Choose a most suitable and comfortable loan. Apply for loan from Bajaj Housing Property and bring most affordable loan with minimum documentary process. Apply for long tenure loan so it will not affect your budget.
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