Loan against property is a type of secured mortgage loan. It’s one of the most popular loans offered by banks and NBFCs because of its exciting features. Many think that applying for a loan against property can be difficult as it involves a lot of documents. But you need not worry. Ruloans have come up with 5 easy steps by which you can easily apply for a quick loan against property.
Step 1: Fill up the form
Click here to go to the loan against property page on Ruloans. Click on check your eligibility button which will navigate you to a form. Fill up your basic KYC and property details in the form online.
Step 2: Choose your lender
Once you have fill up the form, Ruloans’ internal algorithm determines your eligibility and navigates you to a new page. Here you can choose a lender of your choice from a list of banks and NBFCs. You can compare their interest rates and processing fees online. You can choose the loan lender of your choice from the list.
Step 3: Upload the documents
After choosing the lender, you just upload the documents online. There will be instructions as to which documents you should upload and there will be multiple upload links. You can safely upload your documents on Ruloans and can trust us as we protect your documents with our strong security program. Your documents are not shared with anyone and are sent directly to the lender of your choice.
Step 4: Get verified
Once you upload your documents and hit the submit button, you get soft approval on your application considering the details filled up by you. Your documents and profile are verified by the lender of your choice. Once they get verified you get to know whether you loan against property application is approved or not.
Step 5: Receive funds
Once your application is approved, the loan lender disburses the funds of your loan to your bank account. Once you receive the funds and start utilizing them, your repayment period begins.
If you have any query or face any difficulty while applying for a loan against property online on Ruloans, you can contact us at 1800 2667576 or [email protected]. We do not charge any fees for our services. We help you borrow right.
