A Loan Backed by Property is a financial arrangement wherein a business entity secures a loan by pledging a property, typically an immovable asset. The loan amount is generally a percentage of the property's market value, and the funds obtained can be utilized for operational expenses or any other business-related purposes.
UGRO Capital offers cashflow-based lending across properties to support your business’ GROwth!
Loan Amount
Tenor
Loan Against Property, with funding
up to 5 Cr
Flexible loan tenor
up to 180 months
Properties Include residential, commercial or industrial. It can be self-occupied or tenanted
Impressive LTV ratio
upto 133%
Quick Approvals via Score-Based Assessment
Digital &
Minimal Documentation
Attractive
Interest Rates
Doorstep
Service
KYC Documentation (Business + Individual)
Udyam Certificate
Bank Statement & GST
Property Details
You can apply for a Loans Backed by Property Process by following these three simple steps:
Step 1
Click on Apply Now and enter your contact details.
Step 2
Enter Your PAN and other relevant details, and click Apply Now.
Step 3
The application will then proceed for verification and assessment
Empowering Your Financial Decisions: Calculate Your Loan EMI Today!
Loan Against Property (LAP) is a type of secured loan that allows you to apply for a loan by mortgaging your property. The money raised can be used for Business Purposes only. The loan amount allotted to you is calculated basis the market value of the property mortgaged against the loan among other factors.
One can avail a Loan Against Property for various business purposes like expanding of business premises, working capital to be infused, or for availing any new contract. The end use of the mortgage loan product should not be for any personal, or any speculative or prohibitive activity.
A Loan Against Property (LAP) offers several advantages, including competitive interest rates, flexible repayment options upto 180 months, making EMIs manageable, and higher loan amounts. LAP is an ideal choice for those seeking a property-backed loan solution with flexibility and ease of repayment.
The minimum tenure for LAP is 60 months and maximum is 180 months.
UGRO Capital offers loans on the following properties – Residential, Commercial, Industrial and Plots.
Yes, you can foreclose your loan subject to payment of foreclosure charges and conditions mentioned in the schedule of charges. (Insert Schedule of Charges Link here)
Yes, one can always claim the interest paid as a business expense and this is deductible from the business income.