Loan Against Property Eligibility Calculator helps you to calculate your eligibility for the loan. Find out the loan you are eligible for, given the value of your property and monthly income and Get your Eligibility for Self Employed and Salaried persons.
Loan Against Property Calculators:
EMI Calculator – Calculate your Loan EMI for the loan you have to take.
Eligibility Calculator – Find out the loan you are eligible for, given the value of your property and monthly income.
Eligibility for Loan Against Property May varies from Banks to banks.
Factors Depends for LAP Eligibility-
2. Age (Min. 21 Years)
3. Property Valuation
4. Existing Liabilities (if any)
5. Current Work Experience
6. Financial Documents
7. Number of Dependants
For An Example-
|Eligibility||Gross annual income of Rs 1,20,000 or above 23 years of age and above, Maximum age of 58 years or your retirement age, whichever is higher at the time of loan maturity, At least 3 years of work experience, Loans from Rs 2.1 Lakh to Rs 1 Crore. Avail loans up to 60% of market value of residential properties and 50% market value of commercial properties, The loan can be used by proprietors, self employed professionals, partnership firms and private limited companies|
|Eligibility||Loans from Rs. 2 Lacs onwards depending on your needs, Borrow up to 60% of market value of the property, Flexibility to choose between an EMI based loan or an Overdraft – We also offer to you overdraft against your self-occupied residential or commercial property and you save money by paying interest only on the amount utilized!
High tenure loans for ease of repayment, Specially designed products for Self Employed
|Eligibility||An Employee or A Professional, self-employed or an income tax assessed or Engaged in agricultural and allied activities, Your Net Monthly Income (salaried) is in excess of Rs.12,000/- or Net Annual Income (others) is in excess of Rs.1,50,000/-, The income of the spouse may be added if he/she is a co-borrower or a guarantor, Maximum age limit: 60 years|