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Business loan Against Property

loan against property

Business Loan Against Property

 

Features and benefits

 

Applying for a business loan against a property comes with various features and benefits. The notable features of availing loan against property with RG enterprises and its benefits include the following

–  A higher amount of loan against property can be obtained at an affordable rate.

–  The loan amount is disbursed within 4 days. A loan against property eligibility requires minimal documentation and the loan can be processed in a hassle-free manner.

–  RG enterprises provide flexible tenure of 2 to 15 years and can repay the loan at their convenience.

–  Loan details can be conveniently accessed anytime and anywhere via an online portal. Thus, managing the loan details is also easy.

–  RG enterprise is found to offer the best interest rates for home loans.

–  The loan amount is provided against a low-interest rate making it more affordable to repay the loan.

 

Eligibility criteria

 

A salaried employee needs to furnish the following documents:

 

Identity Proof

 

  • PAN card
  • Aadhaar Card
  • Voter ID Card
  • Passport or any other government ID

 

Address Proof

 

  • Voter ID Card
  • Aadhaar Card
  • Passport
  • Utility bill
  • Ration Card or any other address proof issued by the government
  • Salary slip – latest
  • Last 3 months bank account statement
  • Income Tax returns
  • Documents of property to be mortgaged

 

A self-employed individual needs to furnish the following documents:

 

  • Voter ID Card
  • Aadhaar Card
  • Passport or any other government ID for Identity proof
  • Utility bill
  • Last 6 months bank account statement
  • Documents of property to be mortgaged

 

Submit these documents to enjoy hassle-free and fast loan approval from Nationalized Banks

 

How to apply for a loan against property at RG enterprises?

 

With RG enterprises, it is easy to apply for a loan against property even for your franchise business. The best interest rate for home loans is provided at an affordable rate and low cibil score. The following steps are to be followed to process the loan as fast as possible.

–  On the official website of RG enterprise, fill in the online application form to avail loan against property

–  Within 24 hours of submitting the application, respond to the representative who contacts you

–  Get your loan approved within 48 hours of applying

–  Submit the required documents as proof of eligibility

Once completed, the loan amount gets sanctioned within 4 days of approval of the loan. The property loan interest rate with RG enterprises is highly affordable. This is considered the most convenient option when it comes to meeting the finance of business expenditures or any other purposes. These properties can be used as collateral to avail property loans. However, these properties need to be mortgaged before you apply for a property loan. Proof of insurance needs to be submitted before you apply for a loan. RG enterprises also provide you with the comfort of a prepayment facility. The benefits of prepayment are it reduces the principal amount, less EMI, or the tenure thus you will be free from the loan amount soon.

 

Why choose RG enterprises?

 

The reason why RG enterprises are preferred among the other private finances is due to the following

–  Loan interest provided at an affordable rate

–  Fastest disbursement of loan

–  No collateral required

–  One can avail loan despite having a low CIBIL score