Ahmedabad, the bustling metropolis and largest city in Gujarat holds a prime position in India's business landscape. Renowned as a former capital, it thrives as a major player in various industries. With its significant contribution to the nation's cotton production as the second-largest producer, Ahmedabad enjoys a thriving textile sector. This economic stronghold ensures a dynamic and exciting business environment with endless opportunities for growth and innovation. From pioneering ventures to remarkable developments, Ahmedabad remains a vibrant hub in the business world, making it an enticing destination for entrepreneurs and investors alike.
Ahmedabad is also home to non-banking financial companies (NBFCs) like Hero FinCorp that help businesses grow by providing the required loans. If you're looking for a loan against your property in Ahmedabad, you're in luck! You've stumbled upon the right place.
Looking for a loan that's quick and secure? Then Hero FinCorp’s Loan Against Property (LAP) might just be what you need! This type of loan is considered low risk because it's backed by collateral - which means if the borrower defaults on the loan, the lender can sell off the collateral to recover their money. Because of this added security, our LAP approvals can often be processed more quickly than other types of mortgage loans in ahmedabad. So if you need cash in a hurry, LAP can be a great option!
You can easily finance your big-ticket expenditures with Hero FinCorp's Loan Against Property in Delhi NCR. So get affordable finance with custom features to maximise your property's value. Here are some key features and benefits:
The loan amount depends on the value of the property. Naturally, a higher property value translates to a larger sanctioned loan amount. Typically, you can secure a loan of up to 75% of the property's market value, which can amount to a substantial fund.
Opting for a Loan Against Property —or, more precisely, mortgage loans in Ahmedabad—offers a cost-effective alternative to other flexible loans, such as personal loans.
Getting a loan quickly is important, which is why we offer a streamlined loan process. You can easily apply online and one of our representatives will guide you through the rest of the process.
We offer easy repayment options and a longer tenure for our loan against property. You can select a term that aligns with your financial goals and repayment ability by utilising our EMI calculator.
Our loan option provides a greater amount of loan sanction to effectively manage your financial obligations. We offer a high Loan-To-Value (LTV) ratio based on the property's type and market value, ensuring that you receive sufficient funds for any purpose.
Applying for a loan with us is hassle-free when it comes to documentation. Our paperwork requirements are minimal, and we only need basic documents. This makes the process quicker and easier for you.
Unlocking the potential of a mortgage loans in Ahmedabad is easier than you think. We have a set of eligibility criteria, and here is what we consider:
You must be at least 25 years old when you submit your application and no older than 75 years old when the loan is due.
Verify your Indian citizenship to ensure you meet the requirements for the fast mortgage loan.
If you meet the requirements for an immediate mortgage loan. For the loan to be authorized, your company must have operated for at least three years.
The applicant must have worked for the company for at least three years.
You must run a successful firm. People in the salaried class are ineligible for our mortgage loan.
Hero FinCorp has simplified the document list for a Loan Against Property to make accessing funds easier for you. The table below provides a breakdown of our required documents:
Duly filled application form, PAN Card
There are two types of interest rates:
Fixed-rate of interest:
These remain the same throughout the loan duration. However, it may not be available as an option for a Loan Against Property with all lenders.
Floating rate of interest:
The floating interest rate is linked to the Marginal Cost of Funds based Lending Rate (MCLR) or other benchmark rates. These rates are typically published on the lender's website and fluctuate based on prevailing market rates. Since it is subject to change and depends on market conditions, it is impossible to predict a specific rate.
Applying for a Loan Against Property in Ahmedabad through Hero FinCorp is simple. Here's how:
Check Eligibility: Ensure you meet our Loan Against Property eligibility criteria.
Gather Documents: Collect all the necessary documents, such as KYC documents, property papers, income proofs (financial statements, ITRs), and company constitution and registration proofs.
Use EMI Calculator: Use the Loan Against Property EMI calculator on our website to determine the best repayment plan for you.
Online Application: Click "Apply Now" to fill out the LAP loan application form on our website. Provide your name, email ID, mobile number, property location, city and state, annual turnover, and the desired loan amount.
Contact Customer Care: You can reach our customer care team at 1800-103-5271 (Monday to Friday, 10 AM to 6 PM) or email us at Corporate.Care@HeroFinCorp.com.
Offline Application: If you prefer the offline route, visit your nearest Hero FinCorp branch. Existing customers can also get in touch with their relationship manager.
Loans Against Property
The Complete Guide to Using Meebhoomi Andhra Pradesh for Land Records08 Nov, 2024
Loans Against Property
Commencement Certificate - Meaning, Documents Required & Importance for Home Buyers05 Jul, 2024
Loans Against Property
Leave & License Agreement: Legal Definition, Format & Online Process03 Jul, 2024
Loans Against Property
Complete Guide to Stamp Duty and Registration Charges in Pune 202413 Jun, 2024
