Loan Against Property (LAP) – Singroha Associates

Unlock Financial Freedom with Your Property in Panipat

Table of Contents

• Introduction
• Key Features
• Types of LAP Loans
• Our Loan Providers
• Eligibility Criteria
• Application Process
• Benefits of Choosing Us
• Why Panipat Businesses Trust Us
• Frequently Asked Questions

Introduction

A Loan Against Property (LAP) is a secured loan that allows you to access substantial funds by pledging your residential or commercial property as collateral. Singroha Associates, a trusted name in Panipat since 2020, offers tailored LAP solutions to help you achieve personal and business financial goals, such as business expansion, education, medical expenses, or debt consolidation. With over 5,000 successful cases, we ensure quick approvals, competitive rates, and a transparent process.

Key Features

Our LAP loans are designed to meet your financial needs with the following features:

• High Loan Amounts: Up to 50-90% of property value, ranging from ₹10 lakh to ₹50 crore.
• Low Interest Rates: Starting at 9.20% p.a., lower than unsecured loans.
• Long Tenure: Flexible repayment periods from 1 to 20 years.
• Quick Approvals: Disbursal within 3-7 working days with minimal documentation.
• Flexible Usage: Funds for business, education, medical, or personal needs.
• Property Usage: Retain ownership and use of the property during the loan tenure.

Types of LAP Loans

We offer the following LAP loan variants to suit diverse needs:

• Residential Property Loan: For self-occupied or rented residential properties (house, apartment).
• Commercial Property Loan: For commercial properties like shops, offices, or factories.
• Loan Against Plot: Available for plots in select locations with specific lenders.
• Overdraft Facility: Flexible withdrawal and repayment options for businesses.
• Micro LAP: Smaller loans for small businesses or lower funding needs.

Our Loan Providers

We partner with leading banks and NBFCs to offer you the best LAP loan options. Below is a comparison of key providers:

Note: Terms are subject to change based on lender policies and applicant eligibility.

Eligibility Criteria

The following criteria apply for our LAP loans:

• Nationality: Applicant must be a resident citizen of India.
• Age: 21-70 years (at loan maturity, some lenders accept up to 85 years).
• Income Stability: Salaried, self-employed professionals (e.g., doctors, CAs), or business owners.
• Credit Score: 700+ CIBIL score preferred; some lenders accept 650+.
• Property Ownership: Clear title and free from legal disputes.
• Documents: KYC (Aadhaar, PAN), income proof (ITR, salary slips), property documents, 6 months’ bank statements.

Application Process

Our simple and transparent application process includes:

1. Complete the online application form on our website or visit our Panipat office.
2. Submit required documents for KYC, income, and property verification.
3. Our team coordinates with partner lenders and arranges property valuation.
4. Receive loan approval and disbursal within 3-7 working days.

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Benefits of Choosing Us

Singroha Associates is your ideal partner for LAP loans. Here’s why:

• Expertise: Over 10 years of experience with 5,000+ successful cases.
• Fast Processing: Quick approvals with minimal paperwork.
• Tailored Solutions: Loan options customized to your specific needs.
• Transparency: No hidden fees, clear terms and conditions.
• Trusted Partnerships: Network with top lenders like HDFC, ICICI, and Tata Capital.

Why Panipat Businesses Trust Us

Singroha Associates is a trusted name for businesses and individuals in Panipat. Here’s why:

• Local Expertise: Deep understanding of Panipat’s market and industries.
• Client-Centric Approach: Personalized assistance and dedicated support.
• Proven Track Record: History of empowering thousands of local clients.
• Community Engagement: Strong relationships with Panipat’s business owners and residents.
• Ethical Practices: Adherence to RBI guidelines and transparent operations.