High Loan Amount
Use your property as security to get a loan up to Rs 3 crore and achieve your financial goals.
Loan Against Property In Surat
- Loan up to ₹3 Crore
- Maximum funding on Property Value
- Quick Sanctioning
Popular as the "Diamond City" of India, Surat is a bustling metropolis in Gujarat. Its name has become synonymous with the thriving diamond-cutting and textile industries, propelling India's economic landscape.
The city boasts a rich history, with several iconic landmarks that serve as a testament to its glorious past. For instance, the Sardar Patel Museum has many artefacts chronicling Surat's cultural heritage. On the other hand, the Dutch Garden is a peaceful place where you can relax in nature. History lovers should visit Surat Castle because it is a big, impressive building with a lot of history.
The city also offers several investment opportunities to entrepreneurs and self-employed individuals. If you are looking to invest a large amount but need more finances, consider taking a Mortgage Loan in Surat from private lending institutions like Hero FinCorp. We can provide up to Rs 3 crore at attractive interest rates and extended repayment tenures.
Here are the advantages of getting a Loan Against Property in Surat:
Use your property as security to get a loan up to Rs 3 crore and achieve your financial goals.
Enjoy competitive interest rates on Mortgage Loans, reducing borrowing costs and monthly EMIs.
The entire loan process is streamlined, allowing you to access funds quickly during times of need.
Enjoy flexible repayment options and tenures up to 180 months, easing your burden.
Avail up to 175% of your property's appraised value and type, maximising your borrowing potential.
The simplified documentation process ensures a hassle-free experience with no tedious paperwork.
To acquire a Mortgage Loan in Surat, you must meet specific requirements. Here's what you need to know for eligibility:
You must be between 25 and 75 years of age bracket.
The applicant must be a citizen of India.
At least 3 years of work experience criterion is needed.
Business stability of 3 years is considered.
The applicant can be an entrepreneur or a self-employed person with a profitable business.
If you require substantial funds for purposes like expanding your business, financing a wedding, funding your child's higher education, or meeting personal financial needs, securing a Loan Against Property in Surat could be a significant option. However, it's crucial to be well-prepared with all the necessary documentation before taking further steps.
Here are the documents required to apply for a Mortgage Loan in Surat:
Duly filled application form, PAN Card
Aadhar Card, ID Card, Driver's License, and Identity Card issued by GOI
Passport, Driver's License, Utility Bill, Voter ID Card, Lease/ Rent Agreement, Registry Copy, Property Tax Receipt, GST Certificate
GST Certificate, UDHYAM Certificate, Partnership Deed Copy, Trade License, Certificate of Practice
Banker's Verification, Passport, PAN Card
Last three years' Income Tax Returns (ITRs), Income Statement, Profit and loss Statement, Balance Sheet, and Bank Account Statement (previous six months)
Complete set of documents pertaining to the property in question
Hero FinCorp offers competitive Mortgage Loan interest rates in Surat based on various factors such as income, occupational status, and the property's condition. Having said that, we offer two types of interest rates: fixed and floating. The fixed interest rates ensure your monthly payments remain consistent while the floating rates fluctuate with market conditions. Our Loan Against Property Calculator can help you determine the EMI you can afford as per your preferred repayment tenure. Using this tool, you can make informed decisions about your Mortgage Loan.
If you wish to apply for a Loan Against Property in Surat through Hero FinCorp, follow these simple steps:
Visit Hero FinCorp website and go to the loan against property page.
Check your eligibility from the eligibility criteria section available on the website
On the mortgage loan page, check for the mandatory documents required for a mortgage loan.
Click the 'Apply now' tab and fill in the required information, and submit the online form.
Once Hero FinCorp is satisfied with your details, their executives will get in touch with you.
You may also apply for a mortgage loan by visiting the nearest Hero FinCorp branch or outlet.
