Category Archives: Loan against property

FAQ on Lal Dora certificate

Lal Dora lands are one of the most historical and important pieces of land in Delhi-NCR. The term “Lal Dora” was first used in 1908. It is used to denote that piece of land , which was part of the … Continue reading

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Why banks reject loan application on Lal Dora land?

Lal Dora land villages are integral part of landscape in Delhi. Lal Dora land lands referred to those part of villages which are used for residential purposes and not for agricultural purpose. These areas were demarcated with a red thread … Continue reading

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NBFC and HFC providing loan against property in Delhi

A loan against property (LAP) is one of the most useful financial product from a borrower’s point of view. This loan is provided on a certain percentage value of property. This percentage usually varies from 40% to 80% in most cases. … Continue reading

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6 Tips to get loan against property in Delhi without income proof

If you have ever applied for a loan against property in Delhi in any Bank then certain set of documents are asked by Banks to even start your application. It has been observed that applicants think that by mortgaging a … Continue reading

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Procedure to get a loan against property in Delhi

Loan against property in Delhi is one of the best financing options to avail credit from a financial institution. There are many advantages associated with loan against property like attractive interest rates, tenures of longer duration, faster processing time etc. … Continue reading

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Terminologies used in mortgage loan against property

If you have ever applied for a mortgage loan against property in any bank or financial institutions then you must have had various confusing terms used in the lending industry thrown at you. It can be very difficult for a layman to … Continue reading

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Loan against property without map, can you get it?

If you are applying for a Loan against Property in any Bank then, you need to mortgage your property for this. Property should be clear and without any legal problems whatsoever. Maps provided by property sanctioning authorities are one of … Continue reading

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Loan against Property Eligibility calculation

India is a rapidly developing economy with unlimited opportunities to expand your business or fulfilling your long held dreams are available like never before. For the business community, business expansion through manpower addition, new equipment purchase or entering a new … Continue reading

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Does Loan against property amount only depend on Property value?

LAP is one of easiest financing option available currently in the market. It is provided by taking property as a mortgage. It is a common misconception among the borrower community that final loan amount should depend only on the final market value of … Continue reading

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Personal Loan or Loan Against Property mortgage

It is often a confusing situation for a borrower to choose between a loan against property mortgage or personal loan. A personal loan is given on the basis of income of applicant whereas the LAP is given on the basis … Continue reading

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