Top List of Loans Against Property Overdraft in Faridabad as on Oct 08, 2024

Fundwise Wealth Managment Consultants

Delhi Cantt, Delhi, 110045 ( Also serves in Faridabad )

+09883033894

Loans Business Loans CC Limit Loans

+9 more

Response Time: Within 15 MinsSulekha score: 7.1

Welcome to Fundwise Wealth Management Consultants, a reputable and established business offering a wide range of loan services to cater to your financial needs. Our team of dedicated professionals has been serving customers since 2000, providing unparalleled service and expertise in the financial industry. We offer a variety of loans including home loans, business loans, mortgage loans, personal loans, unsecured loans, and more. Our specialized s ... less

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Integrity Financial Services

Jhilmil Colony, Delhi, 110095

( Also serves in Faridabad )

+08035428145

Loans Business Loans Car Loans

+12 more

Response Time: Within 15 MinsSulekha score: 7.8

Integrity Financial Services, located in Jhilmil Colony, Delhi, specializes in offering a variety of financial services, including home loans, personal loans, and mortgage services. With a dedicated team and a strong reputation for professionalism, the business aims to provide seamless financial solutions tailored to customer needs. They operate from 10:00 AM to 6:30 PM, Monday to Saturday, and offer consultation services for loans ranging from home to personal, focusing on prompt and efficient customer service. Their services cater to both individuals and businesses, ensuring that financial planning is accessible and comprehensive for all.

Available Loan Types:

Offering 10+ different types of loans

Loan Amount Range:

From ₹5 Lakhs to ₹1 Crore and above
Depending on the type of loan

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Sunrise Consultancy Services

Janakpuri, Delhi, 110058

( Also serves in Faridabad )

4.9/5 Based on 12 Reviews

+08048094760

Loans Business Loans CC Limit Loans

+6 more

Response Time: Within 15 MinsSulekha score: 8.1

Sunrise Consultancy Services, located in Janakpuri, Delhi, is a prominent service provider specializing in financial and loan consultancy. The company has over a decade of experience in the industry, offering a wide range of loan-related services tailored to meet the diverse needs of its clients in the Delhi NCR region. Their office is situated in the District Center of Janakpuri West, making it easily accessible. Sunrise Consultancy is known for its professional approach, assisting clients with various types of loans, ensuring smooth processing and timely approvals. The consultancy operates Monday to Saturday from 9:30 AM to 6:30 PM

Available Loan Types:

Offering 5+ different types of loans

Loan Amount Range:

From ₹1 Lakhs to ₹55 Lakhs and above
Depending on the type of loan

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Shoofna Revolution India Limited

Sector 18, Noida, 201301

( Also serves in Faridabad )

4.8/5 Based on 6 Reviews

+08048045237

Loans Business Loans Loan Against Property

+6 more

Response Time: More than 60 MinsSulekha score: 9.8

Shoofna Revolution India Limited, located in Sector 18, Noida, specializes in offering a variety of financial solutions. With over 50 years of combined industry experience, they provide mortgage loans, loans against property, and loans against rent receivables. Their expertise extends to loans on residential, commercial, industrial properties, and Lal Dora plots, ensuring a smooth process without the need for mapping. The team is committed to offering personalized loan solutions tailored to individual client needs. Shoofna Revolution operates Monday through Saturday, 10 AM to 6 PM, ensuring convenience for their clients?

Available Loan Types:

Offering 5 different types of loans

Loan Amount Range:

From ₹50 Lakhs and above
Depending on the type of loan

Mr Haroon from Noida

"Very good service"

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BT Finance

Dahisar West, Mumbai, 400068

( Also serves in Faridabad )

4.2/5 Based on 5 Reviews

+08035427389

Loans Business Loans CC Limit Loans

+12 more

Response Time: Within 30 Mins Sulekha score: 6.5

BT Finance, located in Dahisar West, Mumbai, is a reputable financial institution known for providing a wide range of loan services. They specialize in offering personal loans, business loans, home loans, and mortgage loans tailored to meet the diverse needs of their clients. With a commitment to customer satisfaction, BT Finance prides itself on its fast approval process and flexible loan terms, making it an ideal choice for individuals and businesses seeking financial assistance. Their team of experienced professionals is dedicated to guiding clients through the loan process, ensuring a smooth and efficient experience from application to disbursement

Available Loan Types:

Offering 3+ different types of loans

Loan Amount Range:

From ₹1 Lakhs to ₹15 Lakhs and above
Depending on the type of loan

Sabita chutiya Gogoi from Mumbai

"Hsbsjsbbshdbdbbdbdbdbdbslsnsbdjsbsksmms"

Pravendra Kumar from Mumbai

"My parsnol loan emergency sir/maim"

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Perfect Business Consultancy Pvt. Ltd.

Sector 18, Noida, 201301 ( Also serves in Faridabad )

Loans Business Loans Car Loans

+9 more

Sulekha score: 6.4Years of Experience: 7

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City Finance

Shivaji Nagar, Pune, 411005 ( Also serves in Faridabad )

3.0/5 Based on 2 Reviews

Loans Business Loans CC Limit Loans

+5 more

Sulekha score: 6.3Working hours: 10 AM to 6 PM

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Omprakash from Pune

"OK very good very nice very nice "

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Shri Shyam Investment Consultancy

Rohini, Delhi, 110085

( Also serves in Faridabad )

2.0/5 Based on 1 Reviews

+08069875154

Loans Business Loans CC Limit Loans

+15 more

Sulekha score: 6.8Working hours: 10 AM to 7 PM

Shri Shyam Investment Consultancy, located in Rohini, Delhi, is a comprehensive financial service provider specializing in a wide range of loan services. They offer various types of loans, including home loans, mortgage loans, project loans, unsecured loans, personal loans, and business loans. The firm is known for its personalized approach, with experienced professionals guiding clients through the loan process to find the best solutions tailored to their financial needs. With several years of experience in the industry, Shri Shyam Investment Consultancy has established a reputation for providing reliable and efficient financial services in the region?

Available Loan Types:

Offering 15 different types of loans

Loan Amount Range:

From ₹1 Lakhs to ₹1 Crore
Depending on the type of loan

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Shriram Finance Limited

New Industrial Township, Faridabad, 121001

Unverified

+09513405355

Loans Business Loans Car Loans

+12 more

Hired on Sulekha: 1 time

Shriram Finance is the country’s biggest retail NBFC offering credit solutions for commercial vehicles, two-wheeler loans, car loans, home loans, gold loans, and personal and small business loans. In November 2022, Shriram Group’s entities – Shriram Transport Finance Company Limited, Shriram City Union Finance Limited, and Shriram Capital Limited – merged to form Shriram Finance Limited. Shriram Finance has a network of 2,922+ branches and a work ... less

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Shriram Finance Limited

Ballabgarh, Faridabad, 121004

Unverified

+09513401445

Loans Business Loans Car Loans

+12 more

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Why Choose Sulekha?

Sulekha is your go-to platform for finding a wide variety of loan providers catering to diverse financial needs such as personal loans, Loans Against Property Overdraft, home loans, vehicle loans, mortgage loans, education loans, and more. With Sulekha, you gain access to a comprehensive network of reputable lenders, ensuring you find the perfect match for your specific requirements. The platform simplifies your search process, saving you time and effort by connecting you with trusted professionals who can offer tailored loan solutions. Choose Sulekha for a seamless and efficient loan-seeking experience.

1. When to Consider Taking Out a Loan Against Property Overdraft

Large Financial Requirements: When facing significant expenses like business expansion, higher education, medical emergencies, or weddings, a loan against property overdraft provides access to substantial funds.
Flexibility in Borrowing: This option allows you to withdraw varying amounts as needed and pay interest only on the utilized portion, offering greater financial control.
Lower Interest Rates: Loans against property typically have lower interest rates compared to unsecured loans like personal loans or credit cards, making them a cost-effective borrowing solution.
Long-Term Financing Needs: Suitable for long-term financial needs, these loans offer extended repayment periods, reducing the pressure of high monthly payments.
Cash Flow Management: For businesses, the ability to borrow and repay as needed helps manage cash flow efficiently, ensuring liquidity during fluctuating income periods.

2. Eligibility Criteria for Loans Against Property Overdraft

Ownership of Property: You need to own a residential or commercial property to pledge as collateral, ensuring the lender has security against the loan.
Age: Borrowers typically need to be between 21 and 65 years old, aligning with common working age and retirement considerations.
Income Stability: Demonstrating stable income, whether salaried or self-employed, assures the lender of your repayment ability, thus reducing their risk.
Credit Score: A good credit score, usually above 650-700, indicates creditworthiness and increases the likelihood of loan approval on favorable terms.
Property Valuation: The property must be free from encumbrances and have a clear title. The loan amount is often determined by the property's market value.
Employment Stability: For salaried individuals, a consistent work history of 2-3 years is required, while self-employed individuals need a steady business track record, typically 3-5 years.

3. Benefits and Advantages of a Loan Against Property Overdraft

High Loan Amount: These loans provide significant funding based on the property’s value, making them ideal for substantial financial needs.
Lower Interest Rates: The collateral nature of these loans often results in lower interest rates compared to unsecured borrowing options.
Flexible Repayment: Borrowers can withdraw and repay funds as needed within the sanctioned limit, offering flexibility in managing finances.
Interest on Used Amount: Interest is charged only on the amount you utilize, not on the entire overdraft limit, potentially reducing interest costs.
Longer Tenure: These loans come with extended repayment periods up to 15-20 years, easing the burden of large monthly installments.
Multiple End-Uses: The funds can be used for various purposes, including business expansion, education, and medical expenses, providing versatility.
Retain Ownership: You continue to own and use the property while leveraging its value for financial needs without having to sell it.

4. Important Factors to Consider When Taking a Loan Against Property Overdraft

Interest Rates and Fees: Compare various lenders to find the most competitive interest rates and understand all associated fees, including processing and prepayment charges.
Repayment Terms: Ensure you understand the flexibility in repayment options, tenure choices, and any penalties for early repayment.
Loan to Value (LTV) Ratio: Check the LTV ratio offered, which typically ranges from 50-70% of the property's value, influencing the maximum loan amount.
Eligibility and Documentation: Confirm you meet the lender's eligibility criteria and gather all necessary documentation such as property papers, income proof, and identity verification.
Property Valuation: Obtain an independent valuation of your property to ensure it accurately reflects market conditions and to determine potential loan amounts.
Impact on Cash Flow: Assess how the loan repayments will affect your monthly cash flow, ensuring you can manage the financial commitment comfortably.
Credit Score: Maintain a good credit score to negotiate better loan terms and increase your chances of approval.
Legal and Technical Verification: Ensure the property has a clear title and is free from legal disputes or encumbrances as lenders will conduct thorough checks before approving the loan.

5. Loans Against Property Overdraft Interest Rates?

Bank Name	Interest Rate (per annum)	Processing Fee	Maximum Tenure
State Bank of India (SBI)	7.45% - 10.65%	0.35% of loan amount (Min ₹2,000)	Up to 15 years
HDFC Bank	8.00% - 9.50%	Up to 1% of loan amount	Up to 15 years
ICICI Bank	8.50% - 10.50%	0.50% - 1% of loan amount	Up to 15 years
Axis Bank	8.90% - 11.25%	Up to 1% of loan amount (Min ₹10,000)	Up to 20 years
Bank of Baroda	8.15% - 10.15%	0.35% of loan amount (Min ₹10,000)	Up to 15 years
Punjab National Bank (PNB)	8.10% - 11.15%	0.50% of loan amount (Min ₹10,000)	Up to 15 years
Kotak Mahindra Bank	8.00% - 11.00%	Up to 1% of loan amount	Up to 15 years
IDFC First Bank	8.75% - 11.50%	1% of loan amount (Min ₹5,000)	Up to 20 years
IndusInd Bank	8.90% - 11.50%	0.75% - 1% of loan amount	Up to 20 years
Union Bank of India	8.40% - 10.90%	0.50% of loan amount (Min ₹7,500)	Up to 15 years

Please note: Interest rates and fees can vary based on the loan amount, tenure, credit profile of the borrower, and specific bank policies. It is advisable to check with the respective bank for the most accurate and updated information.

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Most Common Questions About Loans Against Property Overdraft

1. Who are the best Loans Against Property Overdraft providers in Faridabad?

2. What documents are required for a Loans Against Property Overdraft?

You will need identity proof (like Aadhar or PAN card), address proof (such as utility bills), income proof (salary slips or IT returns), property documents, and a completed application form.

3. What are the eligibility criteria for a Loans Against Property Overdraft?

Eligibility typically includes being an Indian resident, a salaried or self-employed individual, and owning a residential or commercial property. The property should be free of legal issues, and your income should meet the lender’s criteria.

4. How do I apply for a Loans Against Property Overdraft online?

You can apply online with the Sulekha form above with your loan requirements, and connect with the best loan providers that suit your needs. Also you can visit the lender’s website, fill out the online application form with your personal and property details, upload the required documents, and submit the application. The lender will review your application and contact you for further processing.

5. How can I get an instant Loans Against Property Overdraft?

Instant approval may be possible through pre-approved offers from existing lenders, provided you meet their criteria. Otherwise, submit a complete and accurate online application with all required documents for faster processing.

6. What is the percentage rate for Loans Against Property Overdraft?

The interest rate varies by lender but typically ranges between 9% to 14% per annum, depending on factors like the borrower’s profile, loan amount, and tenure.

7. Can I get a Loans Against Property Overdraft with a low CIBIL score?

While a low CIBIL score can make it more challenging, some lenders may still offer the loan at higher interest rates or require additional security. It’s advisable to improve your score for better terms.

8. What is the processing fee for a Loans Against Property Overdraft?

Processing fees usually range from 0.5% to 2% of the loan amount, depending on the lender. This fee covers administrative costs associated with processing the loan application.

9. Can I get a Loans Against Property Overdraft with a bad credit score?

Obtaining a loan with a bad credit score is challenging but possible with certain lenders. You may need to provide additional collateral, a co-applicant, or be prepared for higher interest rates and stringent terms.

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Top Loans Against Property Overdraft Providers in Faridabad

What type of business loan do you need?

Find the Top Loans Against Property Overdraft Providers from Sulekha in Faridabad

Top List of Loans Against Property Overdraft in Faridabad as on Oct 08, 2024

Fundwise Wealth Managment Consultants

Integrity Financial Services

Sunrise Consultancy Services

Shoofna Revolution India Limited

BT Finance

Perfect Business Consultancy Pvt. Ltd.

City Finance

Shri Shyam Investment Consultancy

Shriram Finance Limited

Shriram Finance Limited

Why Choose Sulekha?

1. When to Consider Taking Out a Loan Against Property Overdraft

2. Eligibility Criteria for Loans Against Property Overdraft

3. Benefits and Advantages of a Loan Against Property Overdraft

4. Important Factors to Consider When Taking a Loan Against Property Overdraft

5. Loans Against Property Overdraft Interest Rates?

Most Common Questions About Loans Against Property Overdraft

1. Who are the best Loans Against Property Overdraft providers in Faridabad?

2. What documents are required for a Loans Against Property Overdraft?

3. What are the eligibility criteria for a Loans Against Property Overdraft?

4. How do I apply for a Loans Against Property Overdraft online?

5. How can I get an instant Loans Against Property Overdraft?

6. What is the percentage rate for Loans Against Property Overdraft?

7. Can I get a Loans Against Property Overdraft with a low CIBIL score?

8. What is the processing fee for a Loans Against Property Overdraft?

9. Can I get a Loans Against Property Overdraft with a bad credit score?

Tips & Solutions for Applying Loan View All Blogs

Home Buying Trends 2021

Important Things That NRIs Should Know About Home Loan In India

Home Loan Agreement- Important clauses to know!

How To Avoid Rejection Of Your Personal Loan Application