The 2nd largest city of Maharashtra, Pune is the home to some of the renowned companies and IT sectors. Termed as the ‘most liveable city’, Pune attracts thousands of individuals to migrate here.
Home to edifices of the Maratha Dynasty like Shinghad Fort, Shaniwarwada, and Lal Mahal, the cities rich history precedes its economic prosperity. Moreover, Maharastra government’s endeavour to create job prospects in small and medium scale industries; start-ups are making the city more likeable.
The property costs have also been on the rise owing to developments of that sort. Hence, residents of this city often seek to leverage this by opting for a loan against property in Pune.
As the name suggests, a loan against property is a form of secured loan that is approved against mortgaging land or property. Ideally, this loan type is perfect for individuals looking for substantial funds for expenses like marriage, medical emergency, purchasing assets, etc.
Some of the features of loan against property are-
Though the features seem borrower-friendly, yet the lengthy documentation and approval process makes it unsuitable during emergencies.
These are the list of documents that a potential borrower must submit to avail a quick loan against property Pune.
Apart, from the mentioned documents, a potential borrower might have to submit some extra documents to avail an easy loan against property in Pune. This requirement varies according to a financial institution and its policies.
Nevertheless, all lenders need to appraise the resale value of the property to be mortgaged besides verifying the legitimacy of the document. These processes are fairly time-consuming. In the times of emergency, opting for a gold loan can be beneficial.
Check out a few reasons why a gold loan is a better alternative to a quick loan against property.
If you landed on this page while surfing the net for an alternative to ‘loan against property provider near me’ searches, you have arrived at the right place. Our many industry-first features speak for why we are one of the most opted-for gold loan providers in Pune.
Some of our featured assistance in Pune are-
Apart from these aforementioned, Rupeek offers borrower easy outstanding balance transfer option. The applicant needs to share their pledge card with our relationship manager who will brief about the rest of the process.
Are you looking for a gold loan as an alternative for Loan Against Property in Pune? These are localities where you can find us.
Do you own property and desire to make the best use of it? Availing a Loan against property transfer can be a solution, but it comes with unfavourable variables.
Therefore, smart borrowers can choose Rupeek’s gold-backed loan from Rupeek to deal with immediate financial needs.
You will receive the loan amount instantly after appraisal of gold, document verification, and signing of a loan agreement. Our loan representative will visit your preferred address in Pune for this process.
Yes, you have to submit the copy of the mortgaged land’s documents to avail a loan against property.
No, you have to submit bank account statement of at least six months for LAP.
You can check the financial institution's site to find the online application form. Existing borrowers can contact the relationship or loan manager to know the procedure.
Yes, at Rupeek, we only check KYC documents and gold’s value. The applicant’s employment status is not a necessary criterion.
Yes, you can avail a LAP against land in urban areas. It is important to note that the loan amount disbursed will depend on the financial institution's policy and LTV.
Your request has been received, our customer relationship manager has been notified and will call you shortly