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Loan Against Property Interest Rate

Loan Against Property interest rates depend upon several factors such as credit score, loan duration, and many more. To know more about loan against property interest rates, visit Bajaj finserv official website today.<br>Visit:- https://www.bajajfinserv.in/loan-against-property-fees-and-interest-rates

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Loan Against Property Interest Rate

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  1. Loan Against Property Interest Rate

  2. Introduction about Loan Against Property Interest Rate • Loan Against Property is a secured loan that is sanctioned against the asset pledged as collateral. • Loan Against Property Interest Rate can range between 6.90% to 18%p.a., depending on the lender and their risk assessment of credit profile. • The interest rate may be differ on the basis of desire loan amount, tenure and the property as collateral.

  3. Rate of Investment on Loan Against Property Interest Rate There are following two types of factor in which rate of investment is applied :- • For salaried person the rate of investment will be 8.60% * to 15.00%. • For self-employed person the rate of investment will be 8.10% to 18.00%.

  4. Factors Affecting Loan Against Property Interest Rate There following factors which affects theloan againstpropertyinterest rate are given below :- • Credit Score • Applicant’s Profile • Loan Duration • Property to be Mortgage

  5. Guidance to Get a Loan Against Property There are several step which guide the process to take loan against property :- • Check the eligibility criteria • Confirm all the required document • Confirm that you are applying for fixed or floating interest on loan against property • Fill online application form of loan against property • Await contact from the lender’s authorised representative • Submission of document

  6. Document Required for Loan Against Property In general, banks required the following document for sort of loans: • Income tax return to rule out any legal non-compliancance • Address and identity proof, like the Aadhaar card • PAN card • Bank statement of the past six months-3 years • Proof of employment and self-organisation

  7. 6th Floor,Bajaj Finserv Corporate Office, Off Pune-Ahmednagar Road, Viman Nagar, Pune – 411014 Email:- wecare@bajajfinserv.in Website:-https://www.bajajfinserv.in/ For More Info:- /bajajfinserv /Bajaj_Finserv bajaj-finserv-lending/

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