Life is truly unpredictable and certain events happen without prior announcement but drain us off our money. When there is an urgent requirement of cash for funding a wedding or any function, expenses related to hospitalization, etc. and you have property that you can get a loan against, then you have to try for a Loan Against Property. India’s First Free Online Financial Advisory Moneymindz says that it is not difficult to understand what Loan against Property is.
What is Loan against Property?
Loan Against Property is a secured loan that helps an individual fund his/her personal finance requirements that, most of the times, happen to be urgent. Not only salaried individuals but also self employed individuals can apply for this loan. Reasons can be personal in nature such immediate necessity of money for a wedding, hospitalization, etc. It could even be for planning and arranging money for that dream vacation you had been longing for. India’s First Free On call Financial Advisory Moneymindz informs you that the age of the applicant needs to be between 21 years of age and 65 years of age while the tenure of the term is up to 15 years.
Availing a Loan against Property involves placing your property as collateral until the loan is repaid. The property could be self occupied, property you have given for rent or even a piece of land. But it should legally be your property.
Features of Loan against Property
- Fulfill all your requirements
If you want money but don’t want to take a Personal Loan, then you can try for Loan against Property as you can fulfill all your needs by taking the loan.
- Loan amounts
Loans up to 60% of the market value of the property are available. Get it now.
- Transparent and efficient
All communication is done upfront and there is efficiency in the services.
Merits of Loan against Property
- Arrange for urgent money instantly
When money is needed urgently, you can get a Loan against property and fulfill your urgent financial requirements.
- Don’t deplete your Emergency Funds
That’s right! Use your Emergency Fund for some other emergency. For the current financial crisis, avail a Loan against Property.
For more information visit www.moneymindz.com or give a missed call to 022-62116588