Ghaziabad is a vital industrial town in the state of Uttar Pradesh and also known as the ‘gateway to UP.’ The city houses some of the biggest electronics companies in India. As a result, the value of the city has increased over time.
Do you live in Ghaziabad and have a property? Are you looking to buy a spacious home to cover the needs of your growing family? Are you thinking about selling your property to buy a new home? You need to stop that! You can go for the loan against property in Ghaziabad to get a higher amount at a lower rate and buy a big home.
Yes, leading financiers in India now let you avail a large amount against your property to cover your multiple needs. If you are eligible, you can quickly get a loan against property in Ghaziabad up to Rs.3.5 crore.
Here is a quick post to help you know more about the loan against property in Ghaziabad facility and its eligibility. Read on!
Loan Against Property In Ghaziabad Benefits
Get A Huge Loan Amount
Be it buying a spacious home, going on a world tour, sending your children for study, expanding your business or a medical emergency; you can get a higher amount. As per the loan against property eligibility, you may get up to Rs.3.5 crore to cover your needs.
Flexible Tenor To Repay The Loan
Applying for the loan facility does not mean stressing about the repayment part. You can get a tenor ranging between 2 years and 20 years to repay the loan as per your income and eligibility levels.
Flexi Loan Facility
You don’t need to pay for the loan amount if you have not utilized it. You can borrow as many times out of your sanctioned loan limit as per the required. You only need to pay the interest on the used amount as the EMI and nothing more. The rest of the amount can be adjusted after the end of the tenor.
Loan Against Property Eligibility
Opting for a loan against property in Ghaziabad is possible if you can prove or match against the loan against property eligibility set by the lender. Here’s a quick look at some common loan against property India eligibility terms:
- An applicant needs to be between 25-70 years
- You need to be salaried or self-employed with a consistent flow of money
- You should be a resident of India and your mortgaged to be property should be in a city as per a lender’s policy
Thus, it’s better to keep the ownership of your home in Ghaziabad to yourself. And instead, use it to take a huge loan amount to buy a bigger home or fulfil other needs.
Bajaj Finserv pre-approved deals on loan against property, home loans, credit cards, EMI finance, doctor loans and other financial offerings. The purpose of such offers is to ease off the loan application process and make it less time-consuming. You can check out your pre-approved loan offers today after submitting your basic details like your name and mobile number.