High Loan Amount
You can use your property for a bigger loan, helping you reach your financial goals.
Loan Against Property in Coimbatore
- Loan up to ₹3 Crore
- Maximum funding on Property Value
- Quick Sanctioning
Coimbatore, a city in Tamil Nadu, is most famous for its Marudhamalai Hill Temple and the Dhyanalinga Temple, which offer visitors a chance to experience a peaceful atmosphere. It is also referred to as the "Manchester of South India" because of its flourishing textile industry and the presence of esteemed engineering companies like Pricol and L&T.
The city is located in the midst of the gorgeous Velliangiri Mountains, which provide a lush green landscape and a pleasant climate throughout the year, making it a great place to call home. Also, it is a city of excellent educational institutions, making it a popular choice for people looking for quality education. In addition to this, it is a great place to live.
Whether you're a first-time homebuyer or an experienced investor, obtaining a mortgage loan in Coimbatore is a smart decision that guarantees you're not just buying a house but investing in a bright future in a city with so much to offer. With our mortgage loans, you can avail a substantial amount of Rs. 3 Crore with instant approval and an LTV ratio of 175%.
Here are the features and benefits of getting a mortgage loan in Coimbatore:
You can use your property for a bigger loan, helping you reach your financial goals.
Enjoy the advantage of paying less interest, which means smaller monthly payments and overall loan costs.
Applying for a loan is pretty easy, and you'll quickly get the money you need.
You can repay the loan, and the repayment period is longer, making it easier to manage.
You can borrow up to 175% of your property's appraised value and type, giving you more borrowing power.
The paperwork is straightforward and hassle-free, so you won't have to deal with complicated forms.
You must meet certain conditions to get a Loan Against Property in Coimbatore. Here's what you should be aware of to see if you are eligible for property loan:
You need to be in the age range of 25 to 75 years old.
You must be an Indian citizen.
You must have worked for at least 3 years.
Business stability of 3 years is taken into consideration.
You should have a successful business. This loan is not for salaried people.
Before you can move forward, it's important to be ready with all the right paperwork. Here's what you need to apply for a Loan Against Property in Coimbatore:
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 Coimbatore from Hero FinCorp in Coimbatore, it's essential to understand the loan against property interest rates. These competitive rates depend on your income, job, and property condition. You can pick between fixed or floating rates. Fixed rates mean your monthly payment stays the same while floating rates can change. To determine how much you can borrow, use our online interest rate calculator and decide what's best for you.
To apply for a Loan Against Property (LAP) in Coimbatore through Hero FinCorp, follow these straightforward 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.
