Loan Against Property
Are you looking for a hassle-free way to secure funds for business expansion, personal needs, or unforeseen emergencies? Loans Wala offers Loans Against Property (LAP) Services in Delhi, providing quick and seamless financing solutions.
What is a Loan Against Property?
A Loan Against Property (LAP) is a secured loan where borrowers pledge their residential, commercial, or industrial property as collateral to avail of funds. It is an excellent financing option for individuals and businesses looking for large loan amounts with flexible repayment tenures and lower interest rates than personal loans.
Why Choose Loans Wala for Loans Against Property in Delhi?
1. High Loan Amount at Low Interest Rates
With Loans Wala, you can avail of a loan amount ranging from ₹10 lakhs to ₹50 crores, depending on the property's market value. Our competitive interest rates start as low as 8.50% per annum, ensuring affordability for our clients.
2. Quick and Hassle-Free Approval
We understand that time is crucial when you need funds. Our streamlined process ensures quick loan approvals within 48 hours, provided all required documents are submitted.
3. Flexible Repayment Tenure
We offer flexible repayment options ranging from 5 to 20 years, allowing borrowers to manage their EMIs comfortably without financial strain.
4. Loans for Salaried and Self-Employed Individuals
Whether you are a salaried employee, business owner, or self-employed professional, we provide tailor-made loan solutions to suit your financial needs.
5. Minimal Documentation & Transparent Processing
With our simplified documentation process, securing a loan against property in Delhi is easier than ever. We ensure complete transparency with no hidden charges.
6. Loans Against Various Property Types
We provide LAP on multiple property types, including:
- Residential properties (flats, independent houses, bungalows)
- Commercial properties (shops, office spaces)
- Industrial properties (factories, warehouses)
- Leasehold properties (on a case-by-case basis)
Eligibility & Documents Required
| Criteria | Requirements |
|---|---|
| Age | 21 to 65 years |
| Income Proof | Salaried: ₹25,000/month minimum Self-employed: Stable business income |
| Credit Score | 650 and above preferred |
| Documents (Salaried) | KYC, 3 months salary slips, 6 months bank statements, Property documents |
| Documents (Self-employed) | KYC, Business proof, 2 years ITR, 12 months bank statements, Property documents |
Interest Rates & Charges
| Interest Rate | Starting from 8.50% per annum |
| Processing Fee | 0.5% to 1.5% of loan amount |
| Prepayment Charges | Nil or as per lender guidelines |
| Stamp Duty & Legal Charges | As per state government regulations |
Benefits of Loan Against Property
- Lower Interest Rates compared to personal loans
- Higher Loan Amount - up to 70% of property value
- Longer Repayment Tenure reduces EMI burden
- Multipurpose Usage for various needs
Why Delhi Residents Trust Loans Wala
- Personalized loan assistance
- Transparent processing
- Strong lender network
- 100% customer satisfaction
How to Apply
1. Check Eligibility using our online calculator
2. Submit Application online or offline
3. Provide Documents for verification
4. Get Approval within 48 hours
5. Receive Funds quickly after verification
Apply Today! Unlock your property's value with Loans Wala. Contact us for a free consultation and get the best loan deal in Delhi.