Loan Against Property Helps You Unlock the True Value of Your Assets

1. How Loan Against Property Helps You Unlock the True Value of Your Assets For most individuals and businesses in India, property is one of the biggest assets they own. It not only provides security and stability but also acts as a financial cushion when the need arises. However, many people often overlook the true potential of their property. Did you know that your residential, commercial, or even industrial property can be converted into instant liquidity without selling it? This is where a Loan Against Property(LAP) comes into play. At Singalsons, we believe that your assets should work for you—not just sit idle. Loan Against Property allows you to unlock the hidden value of your real estate and use it for personal, professional, or emergency financial needs while still retaining ownership. Let’s explore in detail how this financial tool can transform your assets into opportunities. What is Loan Against Property? A Loan Against Property is a secured loan offered by banks and financial institutions where you pledge your owned property as collateral to avail funds. Unlike personal loans or business

2. loans, the loan amount you receive is typically much higher because it is secured against the market value of your property. ● Eligible Properties: Residential houses, commercial premises, and sometimes even industrial properties. ● Loan Amount: Generally, up to 60–75% of the market value of the property. ● Tenure: Ranges from 5 years up to 15 years, depending on the lender. With Singalsons, the process of applying for LAP is seamless, transparent, and tailored to your specific needs. Why Loan Against Property is a Smart Financial Choice 1. Unlocking Idle Value Properties often appreciate in value over time, but unless sold, that appreciation remains on paper. Loan Against Property allows you to access up to 75% of the property’s market value without losing ownership. This means your asset continues to grow in value while helping you meet immediate financial needs. 2. Lower Interest Rates Since LAP is a secured loan, interest rates are significantly lower compared to unsecured loans like personal loans or credit cards. This ensures manageable EMIs and reduced financial stress. 3. Higher Loan Amount The loan quantum is directly linked to the property’s market value. For example, if your property is valued at ₹1 crore, you can easily unlock up to ₹60–75 lakhs, giving you access to a large sum of money. 4. Long Repayment Tenure Repayment is flexible, often extending up to 15 years. This allows borrowers to plan finances better and choose EMIs that suit their income flow. 5. Continued Ownership Unlike selling the property, where you lose your asset forever, LAP ensures you still retain ownership and continue to benefit from its future appreciation.

3. Situations Where Loan Against Property is Useful At Singalsons, we see clients from diverse backgrounds using LAP for multiple financial needs: ● Business Expansion: Entrepreneurs can use funds for working capital, machinery purchase, or opening new branches. ● Debt Consolidation: Pay off multiple high-interest loans and consolidate into a single manageable EMI. ● Personal Needs: Financing children’s higher education, weddings, or medical expenses. ● Real Estate Investments: Use the funds to invest in new property without liquidating the existing one. ● Emergency Fund: Provides quick liquidity in case of unexpected financial challenges. Eligibility Criteria for Loan Against Property While eligibility may vary slightly between lenders, the common requirements include: 1. Ownership of Property: You must own a residential, commercial, or industrial property. 2. Age: Usually between 21–65 years. 3. Income Proof: Salaried individuals, self-employed professionals, and business owners are eligible. 4. Credit Score: A healthy credit history increases the chances of approval and better loan terms. At Singalsons, we ensure a smooth eligibility check with minimum documentation so clients can access funds quickly. Documents Required For faster loan approval, the following documents are typically needed: ● Identity Proof (Aadhar, PAN, Passport)

4. ● Address Proof (Utility bills, Voter ID, Passport) ● Income Proof (Salary slips, ITR, Bank statements) ● Property Papers (Sale deed, Tax receipts, Approved plans) ● Business Proof (if self-employed) Our experts at Singalsons assist you throughout the process, ensuring all documents are in place to avoid delays. Loan Against Property vs. Personal Loan Feature Loan Against Property Personal Loan Loan Amount High (Up to ₹5 Cr) Limited Interest Rate Lower (8–12%) Higher (12–20%) Repayment Tenure Up to 15 years Up to 5 years Ownership of Asset Retained Not applicable Processing Time Slightly longer Faster Clearly, Loan Against Property offers larger amounts, lower rates, and longer repayment options, making it the smarter choice for substantial financial needs. Advantages of Choosing Singalsons for Loan Against Property When it comes to financial solutions, choosing the right partner matters as much as the loan itself. Here’s why Singalsons is the trusted choice: ● Tailored Solutions: We analyze your unique needs and provide customized LAP options. ● Quick Approvals: Our streamlined process ensures you get access to funds faster. ● Transparent Policies: No hidden charges or surprise fees.

5. ● Expert Guidance: From documentation to disbursal, our team walks with you every step. ● Trusted Partner Network: We work with top banks and NBFCs to get you the best deal. Tips to Maximize Benefits of Loan Against Property 1. Evaluate Loan Amount Wisely – Borrow only as much as you need, not the maximum available. 2. Compare Lenders – Interest rates and processing fees can vary; let Singalsons negotiate the best deal for you. 3. Plan Repayment – Choose a tenure that balances affordability and quicker closure. 4. Keep Documents Ready – Proper paperwork speeds up approvals. 5. Maintain Good Credit Score – This helps you secure better loan terms.