Get a High Value Loan Against Property with Low Interest at Today Finserv

Looking to raise funds in today’s increasingly complex world? Unlocking the hidden value of your owned property can be one of the smartest ways. With a Loan Against Property offered by Today Finserv, one can easily finance our variety of needs ranging from business expansion, a child’s education, wedding expenses, or even consolidating high-interest debt. At Today Finserv, we offer easier access through fast and flexible solutions tailored specifically for you.

What is a Loan Against Property?

A Loan Against Property is classified as a secured loan where residential, commercial and even industrial properties can be pledged against loans. The amount recovered from such loans generally requires 50% to 75% of the market value estimate done on the collateral itself.

Since these types of loans carry added security in the form of property equity, they tend to have lower interest rates than unsecured loans like credit cards and other personal loans.

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What Are The Benefits of Loan Against Property?

With LAP, you have an edge over other conventional borrowing options. Additional advantages include:

Reduced Interest Rates

Lower risk loans at Today Finserv (starting from 8.5% annually) improve interest rates to borrowers based on their credit profile and property value.

Higher Amounts

Providing a tangible asset increases funding.

Flexible Terms

Until fully paid, LAP offers longer terms up to 15 - 20 years providing room in managing EMIs under one's monthly budget.

Multi-Purpose Use

Modify existing structures with renovation; used for all lawful purposes unlike home loans tied solely to real estate purchase or construction.

Ownership Retained After Loan

As long as the mortgaged property serves until repayment, usage rights are retained along with full ownership of the tangible loan asset.

Types of Properties Eligible for LAP at Today Finserv?

We accept a range of property types as collateral:

• Residential Property: Self-occupied and rental units

• Commercial Property: Shops, offices, showrooms

• Industrial Property: Factories and warehouses.

• Land: Freehold non-agricultural plots (subject to zoning regulations).

Required Documents

The documentation process at Today Finserv is completely digital:

• ID Proof PAN Card, Aadhaar Card, Passport

• Address Proof Utility bill, passport, aadhaar card,

Invoice submission income verification

For Salaried individuals:

• Salary slips

• Bank Statements

• For Business owners:

• ITRs,

• P&L Statements,

• GST Returns.

• Photographs

• Passport-sized photographs of the applicant and co-applicant (if applicable).

How to Apply for LAP at Today Finserv?

Applying for a loan against property with us is quick and easy here at Today Finserv. The steps are simple and transparent, guiding you through every stage.

Process Overview

• To Start, Upload Your Documents Online or Visit a Local Branch: Complete your application form.

• Collect property documents for the loan: Book an appointment with our specialists for property valuation.

• Approve and release the funds directly into your account within 72 hours after sanctioning loan.

Why Today Finserv?

Today Finserv has established itself as a reliable provider of LAP because we understand everyone has diverse needs. This is how we serve you best.

Quick arrangements made

With us, pre-approvals happen in 24 hours, followed by full disbursals in just 3 days.

Flexibility with repayment loans tailored to the individual

We design borrower-friendly payment schedules based on income availability, cashflow and financial goals.

No extra costs that are often hidden from customers

Enjoy clear terms and no prepayment penalties on floating rate loans making it worry-free borrowing without hidden costs.

Lending consultants accessible at any time

Every client receives our undivided attention courtesy of knowledgeable advisors who walk them through all stages from paperwork to disbursement.

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Important notes when applying for a Loan against Property

When considering applying for a LAP keep this advice in mind:

• Risk associated with losing property Failure to make payments could result in losing collateralized property.

• Loan Tenure & Cost High total interest outgo with lengthier tenure.

• Market Fluctuations Changes in property values may impact the value of collateral used for securing loan.

• Staying financially responsible makes it easier to manage payments and mitigates stress.

Having a Loan against Property helps individuals leverage their assets while retaining ownership for enhanced liquidity and value. Today Finserv aims to simplify this process so you can spend less time worrying about paperwork and more time focusing on other priorities leveraging funds will aid in with our uncompromised speed gaurenteed. These funds coupled with our flexible solutions will enable meeting business expenditure goals help in managing difficult expenses consolidating debts confidently accessing needed funds flexibly while meeting expected business growth milestones .