Loan Against Property in Dehradun | Lowest Interest Rate


LAP (Loan Against Property) is one of the most sorted out options that one can take while opting for a home loan. It offers lower interests, longer duration to repay and the chances of approval on the loan are quite higher than any other form of application. Then you can set up a monthly installment (EMI) which will automatically be charged from your account which you can decide according to your convenience.

Loan against property in Dehradun is one of the most popular and secure methods to apply for a loan. There are multiple options for banks that provide loans with good interest. There is also the option of a mortgage in which you get money from the bank to buy a property and pay the amount later and when you are done repaying the loan can attain full ownership of the house.

Loan Against Property in Dehradun

The real estate market is on a rise in Dehradun with various apartment building is being constructed and the price of property either a house or a flat reaching a new height, it is a very good time to invest in the real estate of the city.

Schemes to offer via Fair Fincorp

Every loan provider in Dehradun will have different schemes to offer on LAP but you have to figure out which one works best for you and go with that one. Along with many forms and other official documents that you’ll need for your application to get LAP in Dehradun you also have to prove a minimum earning proof for a salaried person it is 40,000 rupees per month and 3,00,000 for a self-employed person. All this information is extremely necessary and will help increase your chances for easy approval. 

Once you are done with all the necessary procedures it will take about 2-3 weeks to get your request approved if any error occurs you can reapply after a short duration with amendments. Nowadays you can easily apply for loans from the online portals of banks and they will get in touch with you with a day or two. Here is some information on the current interest rates and lowest EMI per lakh of various popular banks: -

SBI – It has an interest rate of 8.80 %(Floating) with 30 years tenure and 790 EMI.

HDFC – It has an interest rate of 8.75% (Fixed) with 30 years tenure and 787 EMI.

ICICI – It has an interest rate of 8.90% (Fixed) with 30 years tenure and 797 EMI.

PNB – It has an interest rate of 9.80% (Fixed) with 30 years tenure and 863 EMI.

AXIS – It has an interest rate of 10.50% (Fixed) with 30 years tenure and 915 EMI.

Source - https://www.myloancare.in/loan-against-property-lap/dehradun

 

 

 

 

 

    

 

Location: Dehradun, Uttarakhand, India

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