Loan Againt Property FAQs - Truewin Fintech
A Loan Against Property (LAP) from Truewin Fintech allows you to borrow money by pledging your property as collateral. You can use the loan amount for various purposes, including business expansion, debt consolidation, home renovation, education expenses, medical bills, wedding expenses, travel, and other personal or business needs.
The loan amount you can get depends on factors such as the property's market value, your income, and repayment capacity. Truewin Fintech typically offers loans ranging from 60% to 80% of the property’s market value. Some lenders may offer higher amounts for residential properties.
The interest rate for Truewin Fintech's Loan Against Property starts from 9.00% p.a. and can range between 9.00% to 15.00% p.a., depending on factors such as credit score, loan tenure, and lender policies.
Yes, you can continue to use your property even if it is mortgaged for a Loan Against Property (LAP) from Truewin Fintech. However, you must ensure timely repayment to avoid any risk of losing the property due to default.
Your Trusted Partner for Loans Against Property.
Truewin Fintech offers the best loan solutions against your property with lower interest rates and flexible terms. We help you turn your property into capital, empowering you to meet your personal and business needs.
- Loan value ranging from ₹10 Lakhs to ₹5 Crore
- Secured loans with flexible repayment tenure
- Quick and easy processing with minimal documentation
