Angelone Mehsana – Capital Enterprise
- +91 98241 49988
- T-42, S Cube, Radhanpur Road, Mehsana
- +91 98241 49988
Loan Against Property in Mehsana
Capital Enterprise stands as your reliable Loan Against Property Service Provider in Mehsana, dedicated to simplifying your financial journey. Whether you’re seeking funds for business expansion, education, or any personal need, our transparent and accessible loan against property services ensure a smooth process. With competitive interest rates and flexible repayment options, we prioritize your financial well-being, offering a local and trustworthy solution to meet the diverse needs of the Mehsana community.
At Capital Enterprise, we understand the significance of leveraging your property’s value, and our goal is to make the loan against property experience straightforward and beneficial. Our team is committed to guiding you through every step, ensuring you unlock the full potential of your property while enjoying a hassle-free borrowing experience. Count on Capital Enterprise for personalized and convenient Loans against property solutions in Mehsana, empowering you to achieve your financial goals with confidence.
Types of Loan Against Property
- Term loan based LAP : The EMI would be fixed for the specified period or time during the Entire Tenure of loan.
- OD based LAP : The EMI would be flexible and you need to pay monthly Interest on money utilized only.
Feature & benefits of LAP
- Lowest ROI compare to Other unsecured loans.
- Repayment tenure upto 15 years, EMI would be lower than any of unsecured loan (Business loan).
- Max Top up for+ Home Renovation, Home extension and working capital requirement etc.
- Consolidate your debts, such as your credit card bills or any other loans, to ease the strain of higher EMIs.
- Transfer or switch your higher ROI loan to a bank or NBFC with a lower ROI.
- Over draft facility available in LAP loan- Interest will be charged in utilized amount only.
Minimum Criteria Requirement for LAP
- Age of 23 and CIBIL score of 650+ are basic requirements.
- For salaried circumstances, a person should be employed by a Pvt Ltd, Ltd, LLP, Partnership firm, or sole proprietorship.
- A person shouldn't have missed or defaulted on any EMI payments in the previous 12 months.
Documents Required for LAP
| Salaried Person | Self Employed | |
|---|---|---|
| ID Proof | PANCARD | PANCARD |
| Address Proof | Passport / Voter ID card / Driving License | Passport / Voter ID card / Driving Licence |
| Registration Proof | Company ID Card | GST Certificate / MSME Certificate/ Gumastadhara |
| Income Proof | Last 3-month Salary slip | last 12-month GST Return |
| Banking | Last 12-month Salary banking | Last 12 month Current & Saving bank Ac statement |
| ITR | Last 2 years ITR or Form 16 | Last 2 years ITR along with computation of income, Balance Sheet and P & L Ac |
| Repayment Track Records | Last 12-month EMI banking or SOA of all live loans | Last 12-month EMI banking or SOA of all live loans |
| Legal Property Documents | Legal Master file including Sale deed copy | Legal Master file including Sale deed copy |
| Technical Property Documents | Approved Unit & Layout Plan | Approved Unit & Layout Plan |
ROI & Charges for Loan Against Property
| Loan Amount | Rs. 10 lac- 1 Cr |
|---|---|
| Tenure | 3 Year – 15 Years |
| ROI | 8.20% – 10% (Floating) |
| Processing Fees | 0.50% – 2 % + GST |
| Foreclosure Charges | 4% + GST |
| Part Payment Charges | 2% + GST |
Have Any Question?
Call us Today!
+91 98241 49988
Have Any Question?
Call us Today!
+91 98241 49988
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FAQs
Eligibility criteria typically include factors such as property value, income stability, credit score, property ownership, and age. Capital Enterprise evaluates these factors to determine your eligibility for a Loan Against Property.
Generally, documents like property documents, income proof (salary slips, bank statements), identity proof, address proof, and property valuation reports might be required. Capital Enterprise will provide a specific checklist for your LAP application.
The maximum loan amount and tenure depend on various factors like property value, income, creditworthiness, and the loan-to-value ratio. Capital Enterprise will provide details based on your specific property and financial situation.
Interest rates offered can vary, and options might include both fixed and floating rates. Capital Enterprise offers competitive rates and will explain these in detail to help you choose the most suitable option.
Capital Enterprise in Mehsana assists by providing comprehensive guidance throughout the Loan Against Property application process. They offer expert advice, assess property valuations, aid in document preparation, assist in selecting the right loan product, and facilitate a smooth application and approval process for your LAP requirements.
