How to Get Quick Approval for a Loan Against Property in Shakti Nagar, Delhi – And Why Infintech is the Best Service Provider
In the bustling locality of Shakti Nagar, Delhi, property owners are increasingly tapping into the financial potential of their assets through Loan Against Property (LAP). Whether it’s to fund a business expansion, pay for medical emergencies, manage wedding expenses, or consolidate debt, LAP offers a flexible and affordable financing option. However, with a sea of lenders and brokers available in the market, getting quick approval is not always a smooth ride. That’s where Infintech comes into the picture – a trusted name for fast, reliable, and hassle-free LAP services in the area.
This guide will walk you through how to get a quick approval Loan Against Property in Shakti Nagar, the eligibility and documentation required, and why Infintech is your go-to solution.
What is a Loan Against Property?
A Loan Against Property (LAP) is a secured loan where you pledge your residential, commercial, or industrial property as collateral to avail a loan. These loans are generally sanctioned for higher amounts with longer repayment tenures, and interest rates are lower than unsecured loans like personal loans.
Key Benefits of LAP:
Lower Interest Rates: Starting from 8.50% p.a.*
Higher Loan Amounts: Up to 70% of the property’s market value.
Long Tenure: Repayment periods can extend up to 15-20 years.
Multi-purpose Usage: Can be used for business, education, healthcare, or any personal financial need.
Tax Benefits: If used for business, interest payments may be eligible for tax deductions.
Steps to Get a Quick Approval for LAP in Shakti Nagar, Delhi
1. Evaluate Your Property Value
The first step is to get an estimated market value of your property. The loan amount sanctioned is typically 50% to 70% of the market value depending on the type of property and lender policies.
2. Check Eligibility Criteria
Most banks and NBFCs have the following criteria:
Applicant should be 21 to 65 years old.
Property should be owned and clear of legal issues.
Stable income source (salaried, self-employed, or business owner).
Minimum monthly income of ₹25,000 (varies across lenders).
Minimum CIBIL score of 650+ for faster approvals.
3. Keep Your Documents Ready
Having your documents ready can significantly speed up the process. Required documents typically include:
For Identity and Address:
Aadhaar card
PAN card
Voter ID
Utility bills
For Income Proof:
Salary slips (last 3 months) or
Income tax returns (last 2-3 years for self-employed)
Bank statements (last 6 months)
Property Documents:
Sale deed
Title deed
Approved building plan
Latest property tax receipt
4. Choose the Right Loan Partner
Instead of applying to multiple banks, which may lower your credit score and delay approval, it’s smart to go through an aggregator or DSA (Direct Selling Agent) like Infintech, who can connect you with the right lender based on your profile.
5. Apply and Get Pre-Approval
Infintech can help you with pre-approval in 24-48 hours by matching your profile with the right lenders and helping with paperwork.
Why Shakti Nagar, Delhi is a Growing Hub for LAP
Shakti Nagar is centrally located with proximity to major residential colonies like Kamla Nagar, Model Town, and Civil Lines. Many property owners in this area own ancestral properties or commercial spaces, making them eligible for high-value LAP. The booming real estate market also ensures high valuation, allowing borrowers to access better loan amounts.
Why Choose Infintech for Loan Against Property in Shakti Nagar?
With numerous financial agents, banks, and NBFCs operating in Delhi, what makes Infintech stand out in Shakti Nagar?
✅ 1. Strong Bank Tie-Ups
Infintech has tie-ups with all leading banks and NBFCs, including HDFC, ICICI, Axis Bank, Kotak Mahindra, Tata Capital, and PNB Housing. This enables them to get multiple offers for clients in a short time.
✅ 2. Expertise in Shakti Nagar Market
Infintech has been working closely with clients and property owners in Shakti Nagar and nearby areas, which gives them an edge in understanding the local property market, documentation challenges, and lender expectations.
✅ 3. Fast Processing & Approval
Infintech ensures documentation is complete and accurate, which reduces back-and-forth with lenders and results in quicker approvals – often within 48 to 72 hours.
✅ 4. Doorstep Services
Infintech offers doorstep document collection, property valuation coordination, and personalized guidance at every step – especially useful for senior citizens or business owners with limited time.
✅ 5. Transparency & Zero Hidden Charges
Many local agents charge heavy commissions or have hidden fees. Infintech believes in 100% transparency, offering a clear loan comparison sheet, EMI breakdown, and zero upfront processing fee for eligibility checking.
✅ 6. Custom Loan Structuring
Depending on your profile and financial goals, Infintech’s team offers:
Balance transfer with top-up options
Overdraft facility on property
Fixed and floating rate comparison
Low EMI plans for the first few years
✅ 7. CIBIL Improvement Support
If your CIBIL score is low, Infintech also guides you on how to improve your score before applying or helps find lenders with relaxed credit criteria.
Success Stories in Shakti Nagar
Many local business owners and residents in Shakti Nagar have successfully raised funds via Infintech:
Mr. Rajeev Gupta, a garment shop owner, availed ₹75 lakhs LAP for business expansion within 4 days of property inspection.
Mrs. Sunita Mehra, a retired school principal, took a ₹50 lakh LAP on her self-occupied home for her daughter’s wedding – processed in 3 working days via Infintech.
Startup co-founder Mr. Rohan Bansal raised ₹90 lakh using his ancestral property as collateral to fund tech development and hiring.
Final Tips to Get LAP Approved Quickly
Don’t delay documentation. Keep everything updated and readily available.
Be honest in your financial disclosures.
Get property valuation done early. Infintech helps coordinate this with certified valuers.
Avoid multiple direct loan applications. Use an aggregator like Infintech to avoid credit score damage.
Respond quickly to lender queries. This can save days in processing time.
Conclusion
Getting a quick approval loan against property in Shakti Nagar, Delhi doesn’t have to be stressful. By understanding the process, preparing the right documents, and choosing a trusted partner like Infintech, you can access large funds at low interest within days.
Infintech’s local market knowledge, bank relationships, and seamless service make it the best service provider for anyone looking to unlock the value of their property quickly and efficiently.
📞 Need Help Right Now?
Contact Infintech – Shakti Nagar Office
📱 Call/WhatsApp: +919650885375
🌐 Visit: https://infintech.in/
📧 Email: admin@loan7d.com
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