Loan Against Property By Rupyaa Paisa Finserve India

We are the topmost service provider of loan against property in New Delhi, Delhi, India. Loan against property is offered by banks/Financial institutions against residential/commercial properties which are freehold. These loans help you to (to remove) avail finance faster with easy documentation, in times of urgent requirement. LAPs are, therefore, one of the most sought-after loans in India and are even more affordable today on account of the competition in the loans-disbursal market. Not just affordable, LAP are also very easy (or simple) to avail and repay. This is so because real-estate is mortgaged when you avail LAP and real-estate prices rarely dip which makes them much more safer.

OVERVIEW
Loan is granted on residential/ commercial property
Take-over of existing loan is possible.
Margin of 40% is maintained against residential property and 50% against commercial property.
The loan is granted for a maximum period of 15 years
The property is secured as a mortgage with the bank financing the loan
The loan attracts a processing fee, which is a certain % of the sanctioned amount.
There are also prepayment charges in case the loan is repaid before the stipulated tenor.
The EMI recovered month on month is apportioned to the interest and then to the principal.