Loan Against Property (LAP)
Did you know a Loan against your Property can help you unlock the hidden equity in your property holdings? Along with that, did you know that the rate of interest is lower than Personal loans?
So, why overthink?
Clix has got your back!
A Loan Against Property is a line of credit through which you can borrow money using property as a collateral and repay in EMIs over time. This makes LAPs one of the cheapest and most pocket-friendly loans out there!
With a Clix LAP Loan, you can get a loan for expanding capacity or meeting capital requirements as well as to satisfy personal needs such as financing your child’s education, debt consolidation of events, etc. We offer you customised micro and macro loans which are in your favour to meet your planned and unplanned expenses.
Is there any business facet that we missed?
Make an inquiry right away!
Unique Offers from Clix
Abundant Loan Buckets
We have high value loans ranging up to ₹ 1.5 crore on residential &/or commercial property to meet your wide array of financial needs.
Convenient Repayment
Our loan tenures can last all the way up to 15 years, giving you ample time to pay off your loan amount in convenient instalments!
Floating interest rates may give you the benefit of reduced EMIs, in case the market rate dips in the near future.
Easy Balance Transfer Feature
At Clix, you will be able to transfer your existing loan against property to Clix with quick processing. By doing that, you will get a high value top-up loan!
Minimal Documentation, Speedy Procedures
We understand you have to deal with enough paperwork every day. So we keep ours to a minimum and help you get your funding done with ease, by taking you through speedy procedures. With a straightforward eligibility criteria, minimal documentation and doorstep service, Clix will make your funding process effortless!
Elements that make our LAP unique!
Hassle Free documentation and disbursal
Simple Loan against property eligibility criteria, minimal documentation and doorstep service makes the loan processing faster and easier.
Subtle yet effective
The rate of interest is lower than personal loans making it one of the cheapest and pocket-friendly loans coming second only to home loans
High Value loans,now affordable
Clix offers you up to Rs. 1.5 crore Loan against property on residential (self-occupied/ rented) &/or commercial property (self-occupied only)
Easy Balance Transfer Feature
Transfer your existing loan against property with Clix with quick processing and get a high value top-up loan
Am I Eligible For A Loan Against Property
Are you above 22 yrs of age while applying for the loan and below 65, (60 years for salaried) years of age at the end of the tenure
Along with that, are you an individual, sole proprietorship firm, LLP & Pvt. Ltd. Company, or a small or micro enterprise?
And, are you part of a household which has an annual income that’s greater than 3 lakhs?
Was your answer to these questions a “yes”?
Then Clix is ready to gladly have you on board!
FAQs
What is the minimum loan amount I can avail?
At Clix, you can apply for a housing loan that ranges from 10 lakhs to 1.5 Crore
What will be the tenure, interest rate and EMI of loan against property?
At Clix, we provide loans for the tenure of 15 years – however, this figure is dependent on the age and income of the borrower. You can also choose customised repayment (EMI) and down payment options.
What Security/ collateral do I need to provide?
Generally speaking, the security that you need to provide for the loan is the first and exclusive charge of the property to be financed. In this situation, the deposit of title deeds and/or other such collateral security is to be done as deemed necessary. The title to the property should be clear, marketable and free from any encumbrances. The property should also be within geographical limits of the cities where Clix has a branch office
What is the concept of EMI?
You repay a loan in Equated Monthly Instalments (EMIs) – an amount that combines your principal and interest. Your EMIs begin the month after your full loan amount is disbursed.
What is the pre-EMI?
The pre-EMI is the interest you paid on the loan amount you receive before your EMI period begins. This usually happens in either self-construction or construction stage-linked/partly-disbursed cases.
What is an amortisation schedule?
An amortisation schedule has details on how you can repay your loan, as well as the division between principal and interest charged in each EMI.
How can I reach out to Clix for any other information on my Loan against property?
Just call us on our toll-free number at +91-120-6465400 between 9:30am-6:30pm from Monday to Saturday (barring public holidays). Alternatively, you can also write to us at hello@clix.capital to resolve your queries around getting an LAP.
Don’t worry, there are no consultation charges!
What if I have any other query when it comes to these loans?
It’s possible that some questions you might have aren’t answered in these FAQs. However, don’t worry – Clix has a Most Important Terms & Conditions (MITC) that you can read through to get all the clarity you would need on our loan structure. Please keep in mind that certain factors might vary based on the type of loan and our customer representative will clarify the same if need be. And In case your query is not listed here, please feel free to reach out to us and we’ll take it from there.
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Apply now for simple, fast, and accessible loans for business from Clix.
