Loan in Delhi
Life is full of surprises and there may come a moment when you need to borrow money. It could be for anything ranging from education of kids, purchasing a house, business expansion, a medical emergency, a vacation or even buying a new car. If funds are tight people turn to a loan, a process of borrowing money that has to be paid back with interest. There are different kinds of loans and you can choose the option depending on your needs.
Personal loans are designed to help purchase big items or finance important events, such as foreign travel, child’s wedding, or home renovation and much more. It is an unsecured loan and sanctioned after factoring the borrower’s income, creditworthiness, repayment capacity, etc. Personal loans generally come with a higher interest rate as they are not obtained against any asset.
Budding entrepreneurs or even seasoned businessmen often need funds. This could be for embarking on fresh ventures, vendour/trader financing, expansion, working capital needs, bill discounting and more. Applying for a business loan is the answer. It can help tide over all this. It can be availed with a marginal pre-payment charge and doesn’t require any kind of security. However, the debt has to be paid back to the lender within the stipulated period at the agreed rate of interest.
This is a mortgage taken for either buying/constructing a house, repairs or renovation to your existing abode. The approval of a home loan is based on factors like monthly income, assets, expenses, repaying capacity etc. Since this is a secured loan, any failure to meet the repayments can result in loss of the property to the lender.
Loans against Property:
A loan against property (LAP) is a wonderful measure to raise money when in a financial predicament. It belongs to the secured category of loans and is disbursed against the mortgage of property, be it residential, commercial or even a piece of land. The loan is sanctioned as per the property's market value (usually between 60-70%). The rate of interest is nominal and the tenure can be up to 20 years.
If you are in the market for any loan in Delhi with competitive interest rates, streamlined process, and speed, Antworks Money is the best source of financing. As a leader in P2P lending, we have evolved into a reliable online marketplace that enables borrowers to apply for personal loans, home finance, business loans, and LAP’s from a host of providers. Our highly efficient, transparent and frictionless banking system is the easiest way to compare all the loans on offer in one place to score the best funding for your needs. Our services don’t end here! A knowledgeable client advisor team is available 24/7 for assistance to ensure an optimal digitalized experience from beginning to end.