High Loan Amount
You can use your property for a substantial loan and reach your financial goals.
Loan Against Property In Trichy
- Loan up to ₹3 Crore
- Maximum funding on Property Value
- Quick Sanctioning
Trichy, located in Tamil Nadu, combines culture and commerce uniquely. The city is most famous for the Sri Ranganathaswamy Temple, a breathtaking architectural wonder that attracts devotees worldwide. Another must-see attraction is the Rock Fort Temple, perched atop a massive rock formation, which offers a stunning view of the city.
Trichy is renowned for its manufacturing, especially in engineering and fabrication. Key players such as the Heavy Alloy Penetrator Project, Bharat Heavy Electricals Limited (BHEL), and Ordnance Factory Trichy (OFT) make significant contributions to India's defence and power sectors.
The city is also a cultural hub, with lively festivals and the beautiful Kaveri River enhancing its appeal. Trichy plays a crucial role in India's economic landscape, owing to its unique blend of tradition and industry.
Trichy's industrial and cultural landscape has made mortgage loans an important financial tool. Obtaining a mortgage loan can help individuals achieve personal and professional growth. The best part is that getting approved for a mortgage loan in Trichy is now easier than ever before with Hero FinCorp. We offer mortgage loans valued up to Rs. 3 Crore, instant approval, and a maximum LTV ratio of 75% to help borrowers meet their financial requirements.
Here are the features and benefits of getting a Loan Against Property in Trichy:
You can use your property for a substantial loan and reach your financial goals.
Enjoy lower interest rates, which reduce your monthly payments and the total amount you borrow.
Getting a loan is simple, and you'll quickly receive the money you need.
Choose your repayment method with a longer term for easier management.
Borrow up to 175% of your property's value, allowing you to secure more funds.
The paperwork is simple and hassle-free, with no complicated forms or documents.
Securing a mortgage loan in Trichy requires certain criteria to be eligible. Here is what you need to know:
You need to be between 25 and 75 years old.
You must be an Indian citizen.
You need at least 3 years of work experience.
Business stability of 3 years is considered.
The applicant can be an entrepreneur or a self-employed person with a profitable business.
To start applying for a mortgage loan in Trichy, here's a list of the documents you'll need to provide:
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
If you're thinking about getting a mortgage loan in Trichy from Hero FinCorp, it's essential to understand the interest rates. These competitive rates can vary based on income, job status, and property condition. You can decide between fixed or floating interest rates. Fixed rates give you a steady monthly payment while floating rates might change. You can use our online interest rate calculator to determine how much you can borrow and make a smart choice.
Here are some easy steps to apply for a Loan Against Property (LAP) in Trichy with Hero FinCorp. Here's how:
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.
