A Loan Against Property Balance Transfer allows you to transfer your outstanding principal on your existing loan against property to another Bank or NBFC at lower interest rates. A well-planned loan balance transfer helps you reduce your EMIs, save on interest outgoings, and reduce your debt burden.
You can avail a high-value top-up loan in Loan against Property Balance Transfer.
Part-Prepayment and Foreclosure of loans to help you prepay your loan balance transfer loan, and save on interest payments.
LAP Balance Transfer offers great affordability by way of competitive mortgage interest rates, and nominal fees and charges.
Flexi-Loans are the new way of borrowing funds in India to access pre-approved loans based on your credit rating. This allows you to borrow funds at will and prepay when you have additional funds in hand.
The following are the common criteria that decide the eligibility for your loan application and approval at most Banks, and NBFCs.
Typically, a credit score of 750 may be considered a good score for approval.
Residence or Address Proof
Property Documents Required
Top up loans are ideal choice in times of shortage of funds for personal or business purposes. A top up loan on loan against property has the same ability, and you can opt for such an option when you have an existing loan against property. Rather than going for multiple loan applications for different funding purposes, lenders offer you a option that helps you fund your immediate, and emergency needs in the form of a loan against property top up.
As an option for multiple debt requests, a loan against property top up lender offers you benefits such as low interest rates, long loan tenures, quick processing, and easy approval, and speedy disbursal of top-up. This kind of option serves as an ideal choice, when you already have an existing loan against property with a lender. Ruloans offers you multiple choices of top up loan against loan against property in collaboration will reputed partner banks and NBFCs. Chat, email, or call 1800 2667576 to apply for a Loan Against Property Top Up.
When availing a loan against property top up offered by Ruloans in association with well-known lending institutions, documentation will be called for to prove your eligibility. However, the requirements will depend on your lender. Have a look at the list of common documents required for a loan against property top up.
Residence or Address Proof
Duly filled Application
Passport Size Photographs
I have purchased a loan against property via Ruloans. I'm comparing with other banks about the interest rate and the service has been good. I got the loan amount of Rs. 10 lakhs and the total tenure period of the loan is 15 years. I never faced any issues with this loan. I compared the rates of different banks and choose the best one. A good experience.