GLOBAL FINANCE
HAR KADAM AAPAKE SATH
Unlock the Value of Your Property

Loan Against
Your Property

Get up to ₹10 Crore by mortgaging your residential or commercial property. Enjoy low interest rates and flexible repayment options.

8.5%
Starting Rate p.a.
₹10 Cr
Max Loan Amount
20 Yrs
Max Tenure

Loan Against Property

Apply now and get approval within 48 hours

Why Choose Global Group

We provide the best loan against property solutions with complete transparency and trust

Lowest Interest Rates

We compare across 25+ banks to get you the most competitive rates starting from 8.5% p.a.

Minimal Documentation

Say goodbye to paperwork. We need just 6 basic documents to process your application.

Quick Disbursal

Get your loan sanctioned within 3-5 days. We value your time and trust.

Dedicated Support

Our team of experts guides you at every step from application to disbursement.

Properties We Accept

We accept a wide range of properties for loan against property

Residential

Flats, Villas, Bungalows

Commercial

Shops, Offices, Showrooms

Industrial

Factories, Warehouses

Agricultural

Farm Land, Plantations

Key Benefits

Why loan against property is a smart financial choice

Lower Interest Rates

Compared to personal loans, LAP offers much lower interest rates

Higher Loan Amount

Get up to 75% of your property value as a loan

Longer Tenure

Enjoy flexible repayment up to 20 years

Tax Benefits

Interest payments are tax deductible

Am I Eligible?

Quick eligibility criteria for loan against property

Age

Min. 21 years, Max 65 years
Salaried or Self-employed

Property Type

Residential / Commercial
Industrial / Agricultural

Credit Score

CIBIL score 650+
Good repayment history

Documents

Property papers, KYC
ITR for last 2 years

Loan Against Property in India

Loan against property is an easy and quick procedure to get a loan as soon as possible. If you have an asset to offer as a security against the loan you're planning to take then it will not be a problem at all to get a loan with Global Group guiding you through. People have various kinds of dreams to fulfill in their lifetime. Earlier it was possible only if they had the full cost of their dreams in their hands. But now it has become possible for them to fulfill these dreams even if they don't have access to all the finances personally. Loan against Property is one of those available options that the borrower has to give a definite shape to their dreams through the easy and personalized services provided by Global Group.

If you're in need of a quick loan and have all the property papers in place then we at Global Group will do the rest for you. While there are various kinds of loans these days like home loan, education loan, car loan, personal loan and so on, Loan against Property is an easy option for the borrower. We shall now delve deep into various aspects of Loan against property.

Whenever a person takes a loan, a security has to be kept in case he/she is not able to pay off the loan at a later stage within the allotted time period. Our Loan against property options allows the person to keep a property, such as a house or a plot of land or anything of such likes, as the security, not previously used for similar purposes.

Advantages & Disadvantages

Advantages
  • The interest rate becomes low due to the presence of the property as the security.
  • It is a secured loan, the reason being the same as above.
  • The working period (the duration within which the Loan has to be repaid) is longer than tenures of other types of loans. It can extend to 15 years.
  • The EMI (Equated Monthly Installment) for Loan against Property is lower than those for other types of loans, the reason being the above point.
Disadvantages
  • The person applying for the loan will not be able to request for borrowing any amount. It is the property that will determine the extent of the loan.
  • The income norms, which also constitute the eligibility norms for Loan against property, are stricter than that in case of home loans.
  • Lenders carry out valuation of the property independently and tend to value it at a lower rate than the actual market value.
  • Since the use of the Loan against property is unknown, the lender is at a higher risk and tends to charge more than other loans like education loan, home loan etc.

Just as everything in this world has its advantages and disadvantages, Loan against property has its pros and cons too. While the interest rate is cheap, property may be evaluated at a low price due to the risk that the lender has. Generally it is resorted to when the loan amount needed is more than what can be generated by unsecured loans - since the value of a property appreciates continuously - and the repayment term required is longer than that for other loans by 5 years.

If you wish to get a Loan against property without getting into much complication then let our experts take it from here, because Global Group is where you'll get unbiased and timely information related to loans.

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