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Loan Against Property EMI Calculator

Calculate your EMI and choose the most suitable EMI for you

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Get Mortgage Loans in Hyderabad With Instant Approval

If you own a home in Hyderabad and require financial aid for a private mortgage loan, Hero Fincorp's Property Loan is at your service. Our loan offers up to 75% of your property's value, based on your eligibility. We understand that each financial requirement is unique, and that's why we provide tailored solutions. Additionally, our loan is free from processing fees and pre-payment charges, ensuring affordability. Whether you aim to expand your business or cover personal expenses, our Property Loan is the ideal choice. Hyderabad, known for its prominent industries and attractions, offers a diverse range of features to explore. With no more than financial restraints, discover the city's real estate.

Features and Benefits of Loan Against Property in Hyderabad

Unlock the Features and Benefits of Loan Against Property in Hyderabad, catering to your financial needs with ease.

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High Loan Amount:

Obtain a substantial loan amount with Hero Fincorp's Property Loan, granting you up to 75% of your property's value.

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Attractive Interest Rate:

Benefit from competitive interest rates with Hero Fincorp's Property Loan, ensuring affordability and cost-effective financing.

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Quick Loan Procedure:

Experience a swift and streamlined loan process with Hero Fincorp's Property Loan, allowing you to access funds promptly.

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Easy Repayment & Longer Tenure:

Enjoy flexible repayment options and an extended loan tenure with Hero Fincorp's Property Loan, making it convenient to manage your finances.

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Higher LTV:

Hero Fincorp's Property Loan offers a higher Loan-to-Value ratio, enabling you to borrow a larger amount based on the value of your property type.

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Hassle-free Documentation:

Simplify the loan application process with Hero Fincorp's Property Loan, as we ensure hassle-free documentation for your convenience.

Eligibility Criteria for Instant Mortgage Loan in Hyderabad

Are you looking for an instant mortgage loan in Hyderabad? Discover the key eligibility criteria that will determine your qualification.

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Age

You must be at least 25 years old at the time of application, and at the end of the loan term, you must be at most 75 years.

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Citizenship

Verify your Indian citizenship status to fulfil the criteria for the instant mortgage loan.

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Work Experience

Check the required work experience criteria to qualify for the instant mortgage loan. You must be running the business for at least 3 years to get approved for the loan.

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Business Status

Applicant should be in the existing business for at least 3 years.

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Occupation Status

You must be engaged in a profitable business. Salaried-class individuals are not eligible for our mortgage loan.

Note: We do not provide Loan Against Property to salaried individuals.

Documents Required to Apply for a Loan Against Property in Hyderabad

Hero FinCorp provides easy and hassle-free mortgage loans in Hyderabad with minimum documentation. The documents required may vary depending on whether the borrower is a salaried employee or self-employed. The following table shows the documents required for each category:

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Mandatory Documents

Duly filled application form, PAN Card
 

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Proof of Identity

Aadhar Card, ID Card, Driver's License, and Identity Card issued by GOI
 

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Proof of Address

Passport, Driver's License, Utility Bill, Voter ID Card, Lease/ Rent Agreement, Registry Copy, Property Tax Receipt, GST Certificate

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Proof of Business Existence

GST Certificate, UDHYAM Certificate, Partnership Deed Copy, Trade License, Certificate of Practice

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Signature Proof

Banker's Verification, Passport, PAN Card

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Proof of Income

Last three years' Income Tax Returns (ITRs), Income Statement, Profit and loss Statement Balance Sheet, Bank Account Statement (previous six months)

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Property Related Documents

Complete set of documents pertaining to the property in question

Interest Rates on Mortgage Loans in Hyderabad

At Hero FinCorp, we offer competitive interest rates when your private finance against property in Hyderabad. The interest rates vary depending on various factors such as the borrower's credit score, loan amount, and repayment tenure. The mortgage loan interest rates in Hyderabad start from as low as 11% per annum.

Some of the features of our Loan Against Property interest rates in Hyderabad include:

  • Fixed rate of interest for the entire tenure of the loan
     
  • No hidden charges or fees
     
  • Easy repayment options
     
  • Quick and hassle-free loan disbursal
Interest Rate

Starting from 11% P.A.

Loan Amount

₹20 Lakh to ₹ 7.5 Cr

Loan Processing Charges

Minimum Processing fee is 1%+ GST

Foreclosure Charges

Pre-Payment is not allowed within 12 months of loan sanction After 12 months, pre-payment charges will be applicable as described in the sanction letter

How to Apply For a Loan Against Property in Hyderabad?

To apply for a Loan Against Property in Hyderabad with Hero FinCorp, follow these simple steps:

  • 1

    Click here
     

  • 2

    Fill in the loan application form with all the required details
     

  • 3

    Upload the necessary documents
     

  • 4

    Wait for the loan approval process to complete

  • 5

    Once approved, we transfer the loan amount in your account

Frequently Asked Questions (FAQs)

Yes, you can get a loan against open plots, residential, commercial, or agricultural land in Hyderabad.
Yes, you can and this may be subject to the property's legal and technical clearance.
No, you need to have a regular source of income to be eligible for a mortgage loan from a private finance company like Hero FinCorp.
Taking a loan against property has pros and cons; consider your needs, financial situation, and risks involved before deciding.
Yes, income proof is typically required for a loan against property to assess the borrower's repayment capacity and creditworthiness.