Loan Against Property is a loan which is sanctioned against the property you own. The asset is kept as collateral by the entity who offers the loan. This asset can be a house, owned land or any commercial building. Until full loan amount is repaid, the asset remains with the lender as a security.
If you are mortgaging your residential property, you can get loan amount of 60% of the property's value and if you are mortgaging commercial property, you can get loan amount of 70% of the property's value.
Apart from basic eligibility, factors like your credit history, current obligations, your repayment habits, your employment status, age, source of income and financial stability will be taken into consideration before sanctioning the loan.
You can avail loan against property for purposes like home renovation, wedding, education, expanding your business, medical emergencies, repaying your previous debts, etc. You cannot use this loan amount for speculations or any prohibitive activities.
Yes, once the home is complete, you can usually convert the construction loan into a traditional mortgage for the long-term financing.
A home construction loan covers plot purchase and construction. This type of loan doesn't provide funding for plot purchases alone, and borrowers are required to complete the construction within three years of obtaining the home construction loan.
Failing to complete construction on time can lead to financial penalties or the need to extend the loan term
The maximum home construction loan that is sanctioned can reach up to 90% of the project's total cost, taking into account the borrower's credit profile and ability to repay.
Minimum loan tenure is 2 years and maximum are 12 years.
Our commercial vehicle loan includes all the categories of vehicles including SCVs (Small Commercial Vehicles), LCVs (Light Commercial Vehicles), MUVs (Multi Utility Vehicles) and HUVs (Heavy Commercial Vehicles).
You can apply for any type of loan with the below options: 1. You can directly apply from our website Apply Now Page. 2. You can call us on our customer care number @ 1800-890-6544 3. You can email us on customercare@tiffanyfinance.com and we will get in touch with you. 4. Visit our nearest branch to get support directly from our executives.
Yes, we offer re-finance on an existing commercial vehicle you own. New vehicle finance, second-hand vehicle finance and re-finance of existing commercial vehicle, you can apply for all three types of financing.
A personal loan is an unsecured loan that individuals can borrow from banks, credit unions, or online lenders for various personal purposes. It is typically repaid in fixed monthly installments over a specified loan term.
Personal loans can be used for a wide range of purposes, including debt consolidation, home improvement, education, medical expenses, weddings, vacations, and more.
Yes, it's possible to apply for a personal loan while having an existing loan. However, the lender will consider your current debt obligations when assessing your eligibility.
You can apply for any type of loan with the below options: 1. You can directly apply from our website Apply Now Page. 2. You can call us on our customer care number @ 1800-890-6544 3. You can email us on customercare@tiffanyfinance.com and we will get in touch with you. 4. Visit our nearest branch to get support directly from our executives.
Lenders consider factors such as the creditworthiness of the business, the business's financial stability, cash flow, and the purpose of the loan when assessing eligibility.
Interest rates for business loans can vary based on factors such as the type of loan, loan amount, and the creditworthiness of the borrower. Rates may be fixed or variable.
Business loans can be used for a wide range of purposes, including working capital needs, expansion, buying equipment, inventory purchase and other business-related expenses.
You can apply for any type of loan with the below options: 1. You can directly apply from our website Apply Now Page. 2. You can call us on our customer care number @ 1800-890-6544 3. You can email us on customercare@tiffanyfinance.com and we will get in touch with you. 4. Visit our nearest branch to get support directly from our executives.
You can apply for any type of loan with the below options: 1. You can directly apply from our website Apply Now Page. 2. You can call us on our customer care number @ 1800-890-6544 3. You can email us on customercare@tiffanyfinance.com and we will get in touch with you. 4. Visit our nearest branch to get support directly from our executives.
Interest rates range from 12% to 22% annually, depending on factors like bike model, loan tenure, and your profile.
Repayment tenures range from 12 to 60 months, with flexible EMI payment options.
Typically, you will need proof of identity, address, income, and vehicle details. Specific requirements may vary by lender.
It’s possible but may come with higher interest rates or stricter terms. Lenders may also require a co-applicant or additional security.
