High Loan Amount
You can use your property as collateral to get a large loan to help you achieve your financial goals.
Loan Against Property in Noida
- Loan up to ₹5 Crore
- Maximum funding on Property Value
- Quick Sanctioning
Loan Against Property EMI Calculator
Get a Loan Against Property in Noida Upto 5 Crore
Noida is a city that is modern in terms of living with tradition. It's close to Delhi, making it a top spot for tech experts and workers. Many IT and tech companies are here, working on software, electronics, and communication.
It has many popular places, like the famous DLF Mall of India. If you like nature, you can visit the peaceful Okhla Bird Sanctuary, home to numerous species of birds. Plus, it has a good metro system and lots of green areas. It's a lively place for everyone to enjoy. On the other hand, the cost of living is slightly higher here. However, you can always rely on Hero FinCorp for financial assistance in need.
You can apply for a mortgage loan in Noida with us. It enables you to leverage the value of your property to meet various financial needs, such as home improvements, education, business expansion, or any other purpose. This reliable and efficient method allows you to make your property work for you while benefiting from a loan of up to Rs. 5 Crore in no time.
Features And Benefits of Loan Against Property in Noida
Here are the features and benefits of getting a Loan Against Property in Noida:
Attractive Interest Rate
Benefit from low interest rates, lowering your monthly payments and overall borrowing costs.
Quick Loan Procedure
Applying for a loan is easy; you'll get quick access to the necessary funds.
Easy Repayment & Longer Tenure
The repayment options are flexible, and the loan term is longer, making it easier to repay.
Higher LTV
You can borrow up to 175% of your property's value, maximizing your loan potential.
Hassle-free Documentation
The documentation process is simple and hassle-free, so you don't have to deal with tedious paperwork.
Eligibility Criteria for Loan Against Property in HisarEligibility Criteria for Loan Against Property in Noida
Securing a mortgage loan in Noida requires certain criteria to be eligible. Here is what you need to know:
Age
You must be between 25 and 75 years of age bracket.
Citizenship
Indian citizenship is mandatory.
Work Experience
At least 3 years of work experience criterion is needed.
Business Status
Business stability of 3 years is considered.
Occupation Status
Must have a profitable business; the salaried employed aren’t considered for this loan.
Documents Required for a Loan Against Property in Noida
To initiate the application process for a mortgage loan in Noida, here is a list of the necessary documents you will need to furnish:
Mandatory Documents
Duly filled application form, PAN Card
Proof of Identity
Aadhar Card, ID Card, Driver's License, and Identity Card issued by GOI
Proof of Address
Passport, Driver's License, Utility Bill, Voter ID Card, Lease/ Rent Agreement, Registry Copy, Property Tax Receipt, GST Certificate
Proof of Business Existence
GST Certificate, UDHYAM Certificate, Partnership Deed Copy, Trade License, Certificate of Practice
Signature Proof
Banker's Verification, Passport, PAN Card
Proof of Income
Last three years' Income Tax Returns (ITRs), Income Statement, Profit and loss Statement, Balance Sheet, and Bank Account Statement (previous six months)
Property Related Documents
Complete set of documents pertaining to the property in question
Interest Rates and Charges for Loan Against Property in Noida
If you're considering obtaining a mortgage loan in Noida from Hero FinCorp, knowing our interest rates is important. These competitive rates depend on your income, employment status, and property condition. You have the option to choose between fixed or floating interest rates. Fixed rates provide a consistent monthly payment, whereas floating rates may fluctuate. To determine how much you can borrow, use our online interest rate calculator and make an informed decision
How To Apply For a Loan Against Property in Noida?
Here are some simple steps to apply for a Loan Against Property (LAP) in Noida through Hero FinCorp. Know how:
- 01
Visit Hero FinCorp website and go to the loan against property page.
- 02
Check your eligibility from the eligibility criteria section available on the website.
- 03
On the mortgage loan page, check for the mandatory documents required for a mortgage loan.
- 04
Click the 'Apply now' tab and fill in the required information, and submit the online form.
- 05
Once Hero FinCorp is satisfied with your details, their executives will get in touch with you.
- 06
You may also apply for a mortgage loan by visiting the nearest Hero FinCorp branch or outlet.
Frequently Asked Questions (FAQs)
Hero FinCorp does not offer an LAP for agricultural land in Noida.
Commercial as well as industrial properties can be used for a loan against property.
Yes, your credit score plays a crucial role in getting approved for an LAP. A good credit score can help you secure a loan with better terms and lower interest rates.
Yes, you can transfer your existing Loan Against Property to another lender.
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