How to Get Quick Approval Loan Against Property in Vishwas Nagar, Delhi – Why Infintech is the Best Choice
In today’s fast-paced world, people often require immediate financial assistance to meet business needs, consolidate debts, fund medical emergencies, or manage children’s education. One of the most reliable solutions for raising large funds is opting for a Loan Against Property (LAP). If you’re located in Vishwas Nagar, Delhi, and are looking for quick and hassle-free loan approval, this guide will walk you through the process—and show you why Infintech is the best service provider for the job.
What is a Loan Against Property?
A Loan Against Property (LAP) is a secured loan that allows you to borrow money by mortgaging your residential, commercial, or industrial property. The loan amount depends on the current market value of the property and your repayment capacity. Since it’s a secured loan, the interest rates are generally lower than personal loans, and the repayment tenure can extend up to 15-20 years.
Benefits of Loan Against Property
High Loan Amount – You can avail loans ranging from ₹5 lakhs to ₹25 crores based on your property’s value.
Lower Interest Rates – LAP typically comes with interest rates between 8.50% and 11.50% p.a., lower than unsecured loans.
Flexible Repayment Tenure – Long repayment tenure of up to 20 years makes it easier to manage EMIs.
Multi-purpose Use – Funds can be used for business expansion, education, wedding, medical emergencies, or debt consolidation.
Tax Benefits – You can claim tax deductions on interest paid, under certain sections of the Income Tax Act, if the loan is used for business or education.
Common Eligibility Criteria
Though criteria may vary from lender to lender, most banks and NBFCs follow this basic checklist:
Age: 25–65 years (for salaried/self-employed individuals)
Property Ownership: Must be a freehold or leased property with clear title
Income Proof: Stable source of income (ITRs, bank statements, salary slips, etc.)
CIBIL Score: A minimum score of 700+ is usually required
Employment: Minimum 2 years of work/business continuity
Documents Required
Here’s a list of basic documents generally required:
For Salaried Individuals:
PAN Card and Aadhaar Card
Address proof
Latest salary slips (3-6 months)
Bank statements (6 months)
Title deed of property
Form 16 or ITR
For Self-employed:
Business proof (GST, trade license, etc.)
ITR for last 2-3 years
Profit & Loss statement
Balance sheet
Title documents of property
How to Get Quick Approval for LAP in Vishwas Nagar, Delhi
If you are in Vishwas Nagar—a bustling locality in East Delhi with a mix of residential and commercial properties—here are the steps you should follow for quick LAP approval:
1. Get Property Documents Ready
Ensure that your property has a clear title, proper approvals, and no legal disputes. Lenders do a thorough verification of the property before disbursing the loan.
2. Check Your Eligibility
Use an online LAP eligibility calculator or consult with experts like Infintech to understand your borrowing capacity.
3. Apply Through the Right Channel
Avoid walking into multiple banks. Instead, consult with a DSA (Direct Selling Agent) like Infintech who has tie-ups with top banks and NBFCs. They can help you identify the lender who fits your profile best.
4. Keep Your CIBIL Score Healthy
A good credit score of 700+ boosts your chances for quick approval and better interest rates.
5. Submit Complete Documentation
Ensure that all your documents are complete and accurate to avoid delays. Lenders reject or delay loans with incomplete paperwork.
6. Valuation and Legal Check
Once the documents are submitted, lenders conduct a valuation of your property and a legal check. Cooperate with their team to fast-track this step.
7. Loan Approval & Disbursement
Post verification, you receive the sanction letter outlining loan amount, interest rate, EMI, and tenure. After you sign the agreement, funds are disbursed—usually within 4 to 7 working days if everything is in order.
Why Infintech is the Best LAP Service Provider in Vishwas Nagar, Delhi
If you’re wondering why you should choose Infintech for your LAP needs, here’s a breakdown of the benefits they offer:
✅ 1. Strong Banking Network
Infintech has established partnerships with 30+ banks and NBFCs including HDFC, ICICI, Kotak, Bajaj Finserv, PNB Housing, and more. This allows them to provide you with the best loan offers across the market.
✅ 2. Local Expertise
Their office operates actively in East Delhi, especially Vishwas Nagar, giving them deep insight into the property trends and values in the area. They know which lenders are more likely to approve loans for properties in Vishwas Nagar and surrounding localities like Shahdara, Krishna Nagar, and Preet Vihar.
✅ 3. Doorstep Service
Infintech sends field executives to your home or office to collect documents and conduct eligibility checks—saving you time and effort.
✅ 4. Quick Turnaround Time
They offer pre-approval within 24-48 hours, and final disbursement in as little as 4-7 days, depending on your documents and property type.
✅ 5. No Hidden Charges
With Infintech, you get transparent processing with no hidden fees or over-promising. Their consultants explain the processing fee, stamp duty, legal charges, and EMI structure clearly.
✅ 6. Customized Loan Solutions
Whether you’re a salaried employee or a business owner, Infintech offers tailored LAP solutions based on your income flow, tax filings, and loan requirements.
✅ 7. Support for CIBIL Issues
Even if you have a low CIBIL score, Infintech works with certain NBFCs who offer LAPs to customers with alternate documentation and income proofs.
Customer Success Story – Vishwas Nagar Client
Mr. Rajeev Malhotra, a garment shop owner in Vishwas Nagar, needed ₹40 lakhs to expand his warehouse and working capital. His loan was rejected by two banks due to irregular ITRs.
He approached Infintech, who:
Evaluated his property (worth ₹1.2 crores)
Suggested NBFCs willing to process loan based on bank statements
Got approval from PNB Housing Finance within 5 days
Disbursed ₹38 lakhs at 10.25% interest for 15 years
Rajeev says: “I had almost given up hope. Infintech’s field executive visited my shop, collected all documents, and I got the money in my account within a week. Highly recommend them.”
Final Thoughts
A Loan Against Property is a great way to unlock the value of your assets without selling them. However, the key to quick and stress-free loan approval lies in:
Choosing the right lender
Having proper documentation
Consulting with experienced professionals
If you’re in Vishwas Nagar, Delhi, look no further than Infintech—your trusted LAP advisor with a proven track record and personalized service. Whether you’re looking for ₹10 lakhs or ₹10 crores, Infintech ensures a smooth journey from application to disbursement.
For LAP assistance in Vishwas Nagar, connect with Infintech today at:
🌐 Website: https://infintech.in/
📞 Call/WhatsApp: +91-9650885375
📍 Visit Us: Vishwas Nagar, East Delhi
📧 Email: admin@loan7d.com
