Loan Against Property in Gurgaon

It is a secured financing option that individuals can get if they own real estate in Gurugram. Its primary characteristics are:

• High Loan Amount

The loan amount one can avail against an asset like property can be substantial. Especially if one is applying for a loan against open plot in Gurgaon, the sum one is eligible for can range in crores.

• Stringent Documentation

Though a secured credit facility, it involves extensive documentation as the asset in question is a property. To apply for a loan against property in Gurgaon, one needs to submit all documents related to the property besides income proof, ITR, and KYC documents.

• 4-5 Days Approval Time

As there is a lot of documentation involved, verification and confirmation take up considerable time. Besides, calculating a loan against property value is complicated as many factors determine a property’s actual value. Thus, lenders take at least 4 – 5 days to approve a loan.

• Low Rates Of Interest

Because it’s secured, lending institutions assume less risk and, thus, levy low interest rates. The loan against property lowest interest rate on an average is around 9% - 11% per annum.

Even with these attributes, such credit products’ long repayment tenure can make a borrower feel heavily burdened. A commitment of around two decades can be bothersome for many, but short-term unsecured loans can also pose many issues. The only way out of this is to opt for a short-term secured loan that will also provide a high loan amount. Thus, instead of searching for “loan against property lender near me” one may look for a gold loan lender.

As the gold acts as collateral, these are also classified as secured credit facilities. However, unlike in the case of a loan against property in Gurgaon, evaluating gold is significantly straightforward. Moreover, one can quickly get ample funds by pledging gold.

If you want to acquire the maximum loan amount against your gold, you have to look for a lender that offers a high per gram rate. With Rupeek, borrowers can get a loan of up to Rs. 1.5 crores as we offer up to 80% of the gold’s value. Apart from that you also get further advantages when you choose to apply for a loan from us.

We believe in offering the best and most convenient credit experience to our customers, and for that, we provide them with:

• Short Repayment Tenure – With our short-term credit facility, you will not feel burdened for many years and can resolve the entire loan quickly. Also, we offer several repayment schemes for you to choose from as per your convenience.
• Advantageous Overdraft Facility – Avail our overdraft facility called Rupeek Quick and get yourself an extended credit line. Withdraw as much as you want from the sanctioned principle and only repay interest on that amount.
• Lenient Documentation – We provide our gold loan without ITR and income proof in Gurgaon to ensure that anyone in need can access our credit facility. One only needs to produce their KYC documents to avail of our gold-backed financing option.
• Wide Loan Range – To ensure that we are catering to all kinds of requirements, we have kept a wide range of lending values. It starts from Rs. 15,000 to Rs. 1.5 Crore; this way, one does not have to take an unnecessary amount of loan.
• Fast Approval – Unlike a loan against property in Gurgaon, our credit product takes hardly an hour to get approved.

We also offer a doorstep loan facility to ensure that you can take this decision at the comfort of your home. Our representatives are located at almost every corner of Gurgaon to ensure service within just 30 minutes.

If you live in one of the following areas, you can take full advantage of our doorstep loan services.

• Gurgaon Sector 45
• Palam Vihar
• Pataudi
• Gurgaon Sector 56
• Wazirabad
• Badshahpur
• Gurgaon Sector 17
• Manesar
• Sohna
• Gurgaon Sector 33
• Garhi Harsaru
• Sultanpur

Do not indulge yourself in years of repayment responsibilities or lengthy approval procedures of a loan against property in Gurgaon. If you are looking for a substantial fund urgently, apply for our gold-backed loan instead. It is both secured and simple, making it ideal for our emergency needs.