Which bank provide Property Without Map Loan?
There are several Government, Private & housing finance companies.
Bank Name | Min Interest Rate | |
---|---|---|
|
10.50% |
|
|
10.50% |
|
|
11.00% |
|
|
10.70% |
|
|
10.80% |
|
|
10.75% |
|
|
10.90% |
|
|
11.00% |
|
|
10.60% |
|
|
10.50% |
|
Are you looking to buy property which don’t have a map due to the property is in Laldora location or its too old, don’t worry wherein bank & NBFC’s are providing loan for without map property also that too at lowest interest rates with multiple flexibility to repay the loan. Just you are required to ensure about the eligibility before proceeding further.
Eligibility Criteria depends on several factors like repayment history, salary or business sales/turnover& Creditworthiness ...etc.
Note: - You can get 85% of property value as a maximum loan amount 1 Cr.
There are top factors that generally affects without map property eligibility criteria as given below: -
Unstable financial behavior: - Lender evaluate your financial behavior by checking your financial history, if you were unable to make payments on time, your behavior marked as unstable which lower the chances of getting loan.
Incomplete Documentation: - Getting a loan from banks & NBFC’s require proper & complete document in terms of checking your originality & financial creditworthiness status, due to lack of incomplete document your loan application will be rejected.
To increase eligibility, you need to consider Top points as given below, this will aid you in increasing your eligibility level.
Add a Co-applicant: -When your credit score is low, you can add your family earning member as a co-applicant which help to boost your eligibility strength.
Choose well maintained property: - Lenders will check the condition of property, a bad condition property will generally don’t have much market value wherein a well-maintained property has the high -potential of good market value. Therefore, choose well maintained property as it will also enhance the loan eligibility.
Which bank provide Property Without Map Loan?
There are several Government, Private & housing finance companies.
How many types of Home Loan Without Map is available?
Generally, there are 2 types of facility available one for separate house & another for floor or flat house.
What the mandatory document required for Property Without Map?
• KYC Documents
• Income Documents
• Bank Statements
• Property Documents
How much maximum loan amount can I borrow?
You can get up to 7.5 Cr depending on property area & condition.
Do banks provide loan for low credit score?
No, in most cases for Home Loan Without Map bank will consider your credit score, above 750 refers to be good score.
Can I add my parents to increase eligibility?
Yes, Home Loan Without Map facility allow customers to add their co-applicant to increase their eligibility.
Who can get Home Loan Without Map?
Any salaried or self-employed with stable incomes can able to apply for Property Without Map credit facility.
Can I get loan for Property Without Map?
Yes, still you have the opportunity to get loan as several lenders are offering Home Loan Without Map property.
What is the Current Rate of Interest?
It vary from 8.50% - 11.00% per annum.
Do I am eligible for Home Loan Without Map?
Make sure you meet all the eligibility criteria before applying for loan to avoid loan rejection & effect on credit score.