IIFL Home Finance Limited - Loan Against Property
IIFL Home Finance Limited offers loan against property to meet your financial needs. Here are the complete details:
Features of Loan Against Property:
- Loan Amount: Up to 70% of the market value of the property
- Tenure: Up to 15 years
- Interest Rate: Competitive interest rates
- Quick Processing: Fast and hassle-free loan processing
- Flexible Repayment Options: Choose from various repayment options
- High Loan Amount: Get a high loan amount based on the value of your property
Eligibility Criteria:
To avail a loan against property from IIFL Home Finance Limited, you need to meet the following eligibility criteria:
- Minimum age of 21 years
- Stable source of income
- Good credit score
- Property should be free from any legal encumbrances
Documents Required:
The following documents are required to apply for a loan against property:
- Identity Proof
- Address Proof
- Income Proof
- Property documents
How to Apply:
To apply for a loan against property from IIFL Home Finance Limited, you can visit their website or contact their nearest branch for more details.
Contact Information:
For any queries or assistance, you can contact IIFL Home Finance Limited at:
- Phone: 180030002355
- Email: info@iifl.com
- Website: www.iifl.com/home-finance
Frequently Asked Questions about Loan Against Property
1. What is a loan against property?
A loan against property is a secured loan that allows you to borrow money against the value of your property.
2. How much loan amount can I get against my property?
The loan amount you can get against your property depends on the market value of the property and the lender's policies. Typically, you can get a loan amount ranging from 50% to 70% of the property's market value.
3. What is the repayment tenure for a loan against property?
The repayment tenure for a loan against property can vary from 5 years to 15 years, depending on the lender's terms and conditions.
4. What are the interest rates for a loan against property?
The interest rates for a loan against property can vary based on factors such as the loan amount, property value, and the borrower's creditworthiness. It is advisable to check with the lender for the current interest rates.
5. What are the eligibility criteria for a loan against property?
The eligibility criteria for a loan against property may include factors such as the borrower's age, income, credit score, property value, and repayment capacity. It is recommended to check with the lender for specific eligibility requirements.
