Loan against property allows you to borrow funds against your exisƟng residenƟal or commercial property to meet any expenses you may have. While the loan amount depends on a number of factors, including the value of your property, individual borrowers are free to use the funds as they see fit. Your property acts as collateral for the loan, but you can conƟnue to use it as before
At Dhanalakshmi Srinivasan Finance, we provide customized property loans tailored to your requirements. Whether you are salaried, self-employed, or an SME, rest assured, we have a product
for you. Our streamlined process ensures a hassle-free experience for every customer, from application to disbursement.
Benefits of Choosing Dhanalakshmi Srinivasan Finance:
Flexible Loan Amounts: Borrow up to a significant percentage of your property’s market value.
Competitive Interest Rates: Enjoy attractive and affordable interest rates.
Flexible Tenure: Choose a repayment tenure that suits your financial plans.
Quick Disbursement: Benefit from our fast and efficient loan processing.
Minimal Documentation: Experience a simplified documentation process.
Continued Property Usage: Continue to use your property without any restrictions.
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Residential Property Loans: Loans against residential properties for personal or business needs.
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Commercial Property Loans: Loans against commercial properties for expanding business or other financial requirements.
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Mixed-Use Property Loans: Loans against properties that serve both residential and commercial purposes.
Why Choose Us?
Customized Solutions: We offer loans tailored to your specific needs and financial situation.
Transparent Process: Clear and transparent loan processing with no hidden charges.
Expert Guidance: Our financial experts provide guidance throughout the loan process.
Customer Support: Dedicated support team available via phone, email, or chat for any queries or information.
Apply for a Loan Against Property today and make the most of a host of advantages as our valued customer. Reach out to our support team for answers to any queries you may have or information you need via phone, email, or chat.
Why Choose Dhanalakshmi Srinivasan Finance for Loan Against Property?
Our Loan Against Property can get you going within minutes to achieve your life goals! Our unmatched loan against property products and experienced team ensure quick loan disbursals, hassle-free documentation, and flexible tenures.
Loan Against Property up to ₹5 crores: Our mortgage products offer loan amounts up to 70% of your property's market value. With loans up to ₹5 crores, you can fulfill your business and personal needs with ease.
Easy Interest Rates: Get the best interest rates on loans against property in the market and maximize your benefits. We offer flexible repayment tenures so that you can plan your finances according to your needs.
High LTV (Loan to Value) on Market Value of Both Commercial and Residential Properties: You can get the best value with our mortgage loan product against your residential or commercial properties. Your funds can be used to fulfil any business or personal need.
Convenient and Transparent Process: Our mortgage loan products and services promise maximum speed and transparency. Our team is available via phone and email to help you find the best loan options and interest rates.
Personalized Products to Suit Your Individual Needs: We offer different types of Loan Against Property products to suit all your needs at different life stages.
Hassle-Free Documentation and Quick Disbursal: Our seamless process ensures that you have the smoothest experience from start to finish. With our application process, you can get a loan against property with absolute ease.
Features & Benefits of Loan Against Property
High Loan Amounts: LAP offers substantial loan amounts based on the property's value*.
Flexible Repayment Terms: Borrowers can repay the loan between 12 and 180 months, choosing a repayment tenure as per their comfort.
Multipurpose Use: Funds can be utilized for diverse purposes, including business expansion or debt consolidation.
Property Ownership: The pledged property must be debt-free and must wholly belong to the applicant.
Documents required to avail loan against property
Proof of Identity: Aadhaar card, passport, Pan Card or driving license.
Proof of Address: Utility bills, rental agreement, or any valid document confirming the current residence.
Income Proof: Salary slips, income tax returns, or business income statements.
Property Documents: Relevant documents related to the pledged property.
Bank Statements: Last 6 months' statements reflecting the borrower's financial transactions and stability.
Other Specific Documents: Lenders may request additional documents based on their specific requirements and policies.
Loan Against Property Eligibility
The loan against property eligibility depends on whether you are a salaried individual, self- employed, or an SME. Your repayment potential is assessed on factors such as your income, fixed obligations, credit history, etc.
Loan Against Property Sanction Amount:
The sanction Amount on a loan against property depends on several factors, including:
Nature of employment
Your age
The type of property
Property Location
Property Condition
Legal Compliance of Property
The current market value of the property
Repayment Capacity:
The Loan to Value ratio on mortgage loans offered by Dhanalakshmi Srinivasan Finance depend on various factors, including the company's policy at the time of loan application.
How Can Loan Against Property Be Used?
Loan Against Property (LAP) offers a versatile financial solution, providing borrowers with the flexibility to utilize the funds for various purposes. Commonly, LAP can be used for business expansion, funding higher education, debt consolidation, meeting medical expenses, or home renovations. The substantial loan amounts, backed by the property's value, empower individuals to address diverse financial requirements and engage in purposeful financial endeavours.
How to Apply for Loan Against Property
Click on the “Apply Now” button on our website. On the following page, select “Loan Against Property”.
Select the appropriate option depending on whether you are salaried, self-employed, or an SME.
Enter the required details such as loan amount required, name, location, phone number, etc.
Click “Submit”.
Our representatives will get in touch with you for the next steps.
After evaluating your eligibility and verifying the property and documents, the loan may be sanctioned.
Sign the loan agreement, and upon final approval, your loan will be disbursed.
*Loans are disbursed at the sole discretion of Dhanalakshmi Srinivasan Finance. Final approval, loan terms, and the disbursal process will be subject to policy at the time of the loan application. If you are an existing customer and wish to foreclose your loan, please note that foreclosure terms and charges will be applicable as per our policy at the time of loan foreclosure.
FAQs
What types of Loans does DS Finance provide?
We provide Loans Against Vehicle, Home Loans, Personal Loans, Loan Against Property, and SME Business Loans.
What is a Loan Against Property?
Loan against property is an excellent and convenient way to raise money. As the name suggests, loans against property are sanctioned by financial institutions by accepting property as collateral. The borrower needs to pledge his or her property as security against the loan amount. If the borrower fails to repay the loan within the tenure, the property can be sold or auctioned by the lender to recover the loan amount sanctioned to the borrower.
What are the advantages of choosing DS Finance for loans?
Convenience: We have minimal documentation in our loan processes. Reach: We have a strong network in South India.
Speed: We focus speed and efficiency with many loan approvals taking only up to 2 working days.
Does DS Finance provide doorstep services?
Yes, for some of our loan products we do offer doorstep service for guidance and documentation.
You can reach out to our support team for answers to any queries you may have or information you need via phone, email, or chat. Apply for a Loan Against Property today, and make the most of a host of advantages as our valued customer.
