Loan against property

Listing ID #5449003

Get Latest Price

Business Type Service Provider
Preferred Buyer Location India only

View More Details

Service Details

Mortgaging existing property is a great way to get a loan at low interest rates to meet the current financial needs. Loan Against Property (LAP) can unlock the financial potential in your property. A loan against property (LAP) or Mortgage loan as commonly termed is exactly what the name implies — a loan given or disbursed against the mortgage of existing owned property. Any existing property can help you to avail a loan at interest rates lower than other consumer loans, Personal Loans or Business Loans.
One can avail these mortgage loans for commercial property or residential property collaterals. The property is mortgaged and a fixed percentage of the prevailing market value of the property (normally between 60-70% of the value of the property) is given to the borrower as a loan. Though such a property is mortgaged with the lender, you are still allowed to continue using it for residential or commercial purposes.
Loans against property area highly preferred form of loans in India, and have much more easily available than ever with the surge in banks and NBFCs providing these loans. Along with being cost-effective, these loans are reasonably convenient to avail and repay due to the relatively low interest rates and extended loan tenors.

Company Details

24 Credit Care. (hereinafter referred to as “24creditcare.com or we/ our and including www.24creditcare.com ”) understands the privacy and confidentiality of its customers who have shared their personal information with us. It’s our top most priority to keep the information secure and avoid misuse of customer’s personal details.
Please find below the type of information we may collect from you and it’s usage for the services offered to you via our website and our business partners. This privacy policy is applicable to our current and existing and future customers. By visiting our website and registering with us, you agree to this privacy policy.
By registering online at 24 Credit Care or , you allow 24creditcare and its business partners to get in touch with you via phone call, email or sms. The purpose of contacting you is to offer you our services for the product you have chosen, informing you about our new products, tell you about promotional offers running at www.24creditcare.com, or by its business partners and linked third parties. Under this policy, you authorize us to make contact with you for the above mentioned purposes even if your number is registered under DND/DNC/NCPR services. This authorization is valid until your account is deactivated by either you or us.