Capri Global Loan Against Property

Features and Benefits of CAPRI GLOBAL Loan Against Property

CAPRI GLOBAL offers a range of benefits on loans against Property schemes. Here are some benefits and features of CAPRI GLOBAL Loan against Property.

• Transferring your existing loans with an option of availability of additional top up loan
• Accessibility of higher loans by way of Income eligibility programs.
• Accessibility of maximum Finance against the market value of the borrower’s property.
• Quick and hassle-free loan process
• Easy documentation

Eligibility Criteria of CAPRI GLOBAL Loan against Property

CAPRI GLOBAL Loan against Property eligibility depends on several things:

• With at least two years of working experience, and for self-employed people, proof of at least two years of the progression of their business.
• Applicants needs to be twenty-one years and maximal age should be 60 years
• Take home earning needs to be at least of Rs. 26000/- per month
• One can get loan from Rs. five Lakhs to Rs. five crores
• The tenure period of the loan is up to ten years
• The rate of interest is decided upon the credit score of the person and market situation

CAPRI GLOBAL Loan against Property Fees and Charges

CAPRI GLOBAL Loan against Property Interest rates

CAPRI GLOBAL Capital Limited offers convenient interest rate on the loan amount and makes it affordable for the customers. Here, you will get to know about CAPRI GLOBAL Loan against Property interest rate provided to the customers for different loan type.

Factors affecting CAPRI GLOBAL Loan against Property interest rate

LAP or Loan against property is a budget-friendly funding solution that arranges finances for different types of expenses. LAP is a low-end and secured loan that makes the rate of interest is comparatively lower than personal loan which is considered as an unsecured loan service. Although there are several factors that affect the interest rate. Interest rate offered by CAPRI GLOBAL Capital Limited is no exception than that. 

Here are some factors that affect the rate of interest offered by CAPRI GLOBAL Loan against Property.

1. CIBIL Score: Credit Score is a major deciding factor of the rate of interest while applying for a loan against property. Generally, it is recommended to maintain a CIBIL score must be of six-hundred fifty-two or higher to apply for loans at competitive interest rates. At the same time, if you have low CIBIL or credit score, CAPRI GLOBAL Capital Limited may view you as a risky borrower therefore can charge a higher rate of interest. Sometimes, your application can be declined.
2. Borrower’s Profile: the borrower’s age, occupation, monthly income also affects the rate of interest offered by CAPRI GLOBAL. For example, when a salaried individual is close to retirement, then the lender bank may charge a higher rate of interest.
3. Type of mortgaged Property: It plays a vital role while deciding the rate of the interest related to loan against property. However, the interest rate can be different for residential property because of the different value. The location of the asset or property also affects the interest rate offered by CAPRI GLOBAL Capital Limited.
4. Loan Tenor period: the tenor period of the LAP is also a major factor for settling the rate of interest on the loan against property and later period EMI. You need to know that these types of loans are long-term bonds that require regular EMI for 10-15 years. The shorter the tenor, EMI gets higher and that also affects the higher interest rate.

Documents required for CAPRI GLOBAL Loan against Property

To meet the CAPRI GLOBAL Loan against Property requirements one need to submit different types of documents. These are some documents required for CAPRI GLOBAL Loan against Property.

How the EMI calculation works for CAPRI GLOBAL Loan against Property?

CAPRI GLOBAL EMI Calculator can help you to calculate the amount of your EMI of the loan against property at lower rates of interest. 

To calculate the EMI properly, you need to put the details like the amount of loan, the interest rate and tenure period applicable on the loan. The final value from the calculator is the actual amount of EMI you need to pay after a particular time.

CAPRI GLOBAL Capital Limited Customer Care Details

If you face any trouble regarding CAPRI GLOBAL Loan against Property or to find answer to your questions call CAPRI GLOBAL  customer care service on this number +91-22-4088 8100.