High Loan Amount
Hero FinCorp offers an LTV ratio up to 75%, with loans ranging from Rs 20 Lakh to Rs 5 Crore.
Loan Against Property for Marriage
- Loan up to ₹5 Crore
- Maximum funding on Property Value
- Quick Sanctioning
Indians are known for their big, fat weddings filled with celebrations and memories cherished forever. Although many self-employed professionals may want to avoid hosting grand events, they still want to make their special day memorable with everything they planned forever. Since organising a wedding is financially demanding, a Loan Against Property (LAP) for marriage can be a great source of assistance. Now, you no longer need to save for years and splurge the entire amount on a single day. You can borrow a secure LAP for marriage to ensure a financial crunch does not hinder your plans.
A Loan Against Property provides financial support to those requiring funds to cover various wedding-related expenses. Whether you need funds to book venue, decorations, catering, or purchasing bridal outfit or jewellery, a LAP can help manage the financial aspects. At Hero FinCorp, you can get a secured loan of up to Rs. 5 Crore, depending on the asset’s value and your eligibility. Read on to gain valuable insights into realising your wedding dreams.
A Loan Against Property for Marriage offers many features and benefits. Moreover, there are several aspects that you must keep in mind before applying for a LAP, like the interest rate, eligibility criteria, repayment terms, etc. At Hero FinCorp, you can get a loan suitable to your needs with the following features and benefits:
Hero FinCorp offers an LTV ratio up to 75%, with loans ranging from Rs 20 Lakh to Rs 5 Crore.
Hero FinCorp offers LAP interest rates starting at 11%, with fixed or floating rate options.
Hero FinCorp offers digital loan procedures, ensuring hassle-free approval within 10 days.
Hero FinCorp offers up to 15 years LAP for marriage, with EMI calculators to choose suitable tenures.
Hero FinCorp offers up to 75% LTV, with the loan amount based on your needs, eligibility, and capacity.
Hero FinCorp offers minimal documentation for a marriage LAP, allowing online document uploads without branch visits.
Since LAP is the least risky product for lenders, their eligibility requirements are simple and easy to fulfil. However, you must still check and fulfil the eligibility requirements to avoid rejection for a trivial reason. At Hero FinCorp, you must fulfil the following eligibility criteria for Loan Against Property for marriage:
Your age should not be less than 25 or above 75 years.
You must be an Indian resident.
Business ownership experience for a minimum period might be required.
This criterion might not apply as the loan is secured by property.
A Loan Against Property is secured. So, lenders need relevant documents for property mortgages. Since Hero FinCorp also provides Loan Against Property for Marriage with bad credit, they need additional documents to verify your identity, income, and repayment capacity before approving your loan application. When you apply for a LAP at Hero FinCorp, you can upload scanned copies of the required documents online without any branch visits or paperwork. The documents needed to apply for a Loan Against Property for marriage include the following:
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 has a completely transparent fee structure to keep the loan cost reasonable. With the following fees and charges, the Loan Against Property for marriage will not bring any unpleasant surprises:
At Hero FinCorp, the LAP application procedure is online and involves only the following 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.
Loans Against Property
What is Domicile Certificate, Required Document, Eligibility, How to Apply & Download Online15 May, 2025
