Interested? Give a missed call at 8696060190 or send an email to tin@religare.com
Now you can offer Loan Against Property for personal and business needs to individuals and non-individual entities from top banks and NBFCs. LAP or loan against property is a secured loan that is offered against residential or commercial property for a variety of purposes. We have partnered with leading lenders in the country and assure a hassle free LAP for your clients. As our agent, you can also offer other loans such as home loan, property loan, personal loan, gold loan etc. On each successful loan application, you get an attractive commission. Further you can also boost your monthly income by signing up for other products such as AePS, DMT, Ticketing, Insurance, Mutual Funds & more.
Becoming a Religare Digital Agent is a paperless process. Our agents get access to a bundle of products such as AePS, Ticketing, Insurance, Loan Services etc.
All of our digital agents can opt for loan services. The existing agents can share interest for loan services by giving a missed call at 8696060190 or by sending an email to tin@religare.com. If you are a new visitor on the website and want to sign up as a new Religare Digital Agent, please fill the form on this page and share contact details. Our team will call and assist you about our products and income opportunity.
As the name suggests, Loan Against Property is a secured loan, offered against pledging of property. The mortgaged property could be a residential home or a commercial shop/land etc.
Some of the common eligibility factors for loan against property are: property value, applicant’s profile, repayment capacity, assets, liabilities, age, academic qualification and other factors such as number of dependents, income of the spouse etc.
No, banks do not offer 100% Loan to Value or LTV. In most cases, the maximum limit is 80% of the property's present market value.
The rate of interest depends on several factors such as RBI’s current guidelines and bank’s credit policy. The rate of interest will also vary as per profile of the applicant. So please share details with our agent to know about the loan eligibility for your profile.
Loan against property is a secured loan and can be applied for several purposes. Some of the common reasons to apply for LAP are: medical emergency, wedding, vacation, business expansion, higher education etc. Banks do not accept loan request for speculation purpose.
There are several benefits of applying for a loan against property, as compared to a personal loan. As LAP is the secured loan, one can apply for as long as 15 years of tenure. Longer tenure and collateral security also allow to avail higher loan amount for business expansion, education and emergencies. Further, the rate of interest is lower than personal loan. With lower interest rate and high tenure, one can opt for lower EMIs as per one’s repayment capacity.
There is a comprehensive list of documents required to apply for LAP. Kindly share your correct details such as identity, address, personal details and property details with our agent to get the bank’s loan offer and the required list of documents for the loan. Please note, you do not need to submit any original document proof to enquire about the loan.
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