Shumstar Loan India’s largest loan distributor has a large network of its partner banks and financial institutions.
Loan Against Property (LAP), are basically loans offered by banks against the security of one’s own property. LAP is offered for those customers who has any residential or commercial property and they can meet their financial meets with it by getting best of their assets. The most important thing about this is the property which is going under LAP should be free from any encumbrance (it should not be given as security for any loan). Shumstar has partnered with many banks and financial institutions compare all interest rates and tips to apply for LAP.
HDFC Bank was incorporated in August 1994, is an Indian financial services company based in Mumbai, Maharashtra. LAP can provide you high amount of loan for your personal or business needs with offering lower EMI payments. With easy documentations, speedy approvals and lower EMIs with flexible charges options, getting LAP will not be difficult.
IDBI Bank limited is an Indian financial service company based out of Mumbai, India. RBI categorized it as ‘other public sector bank’. LAP offered by IDBI can provide you maximum benefits of your property. You can mortgage your residential or any commercial property under LAP and fulfill your financial requirements.
ICICI Bank is a multinational Indian financial services company based at Mumbai, Maharashtra. It is third largest bank by market capitalization and second largest bank in India as per assets. Let your property be a staircase to your dreams. ICICI provides multipurpose LAP which can be gotten by keeping any residential or commercial property as mortgage.
ICICI bank charge 12.5% of interest under LAP.
Kotak Mahindra Bank-
Kotak Mahindra Bank is an Indian Financial service company established in 1985. It was previously named as Kotak Mahindra Finance Limited, a non- banking financial company. By applying for LAP you can get maximum benefit of your existing property than any other loan.
Axis Bank Limited is headquartered in Mumbai, Maharashtra. It had begun its services after the Government of India allows private bank to enter in banking sector. You can get LAP by keeping any residential or commercial property as security and can acquire new property with those funds. A take- over of your existing loan with refinancing is also offered by this bank under LAP.
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