How to Get Quick Approval for a Loan Against Property in Hari Nagar, Delhi – And Why Infintech is the Best Service Provider
In today’s fast-paced world, financial emergencies or growth opportunities often demand substantial funds. Whether it’s expanding a business, funding a child’s education, covering medical expenses, or consolidating high-interest debts, one reliable financing option is a Loan Against Property (LAP). For residents of Hari Nagar, Delhi, accessing a quick and hassle-free LAP can be a game-changer. However, choosing the right service provider makes all the difference — and that’s where Infintech stands out as the most trusted name.
In this article, we’ll explore how to get quick loan approval against your property in Hari Nagar and understand why Infintech is the go-to solution for property-backed financing.
What is a Loan Against Property (LAP)?
A Loan Against Property is a secured loan where you pledge your residential, commercial, or industrial property as collateral. Since the loan is secured, the interest rates are relatively lower compared to personal loans, and the repayment tenure is more flexible (up to 15–20 years in some cases). You retain ownership of the property while using the funds for personal or business needs.
Benefits of a Loan Against Property
Large Loan Amounts: Depending on your property’s market value, you can get high loan amounts, often up to 70% of the property value.
Lower Interest Rates: Being a secured loan, interest rates are more affordable (typically ranging from 8% to 11% p.a.).
Flexible Repayment Tenure: You can choose a comfortable tenure ranging from 5 to 20 years.
Multipurpose Usage: Funds can be used for any purpose — business expansion, marriage, education, home renovation, or even debt consolidation.
Continued Property Ownership: You continue to reside in or use your property during the loan period.
Steps to Get Quick Loan Against Property in Hari Nagar
If you’re based in Hari Nagar, here’s how to secure a quick LAP approval:
1. Evaluate Your Property
Start by getting a fair market valuation of your property. Banks and NBFCs typically approve loans up to 50–70% of the property’s current market value. Having all property documents in place speeds up the process.
2. Check Eligibility Criteria
Most lenders assess:
Age: Usually between 21 to 65 years
Income: Stable monthly income or established business income
Property type: Residential, commercial, or industrial
Credit Score: Preferably above 700
3. Choose the Right Lender or DSA (Direct Selling Agent)
This is where a professional service like Infintech makes a big difference. A trusted DSA can help you get multiple lender options, quick approvals, and the best possible deal with minimal paperwork.
4. Submit Required Documents
Key documents include:
KYC documents (PAN, Aadhaar, etc.)
Property ownership documents
ITR or salary slips
Bank statements (6–12 months)
Business proof (for self-employed)
5. Property Valuation & Legal Check
Lenders will conduct legal and technical checks on the property to ensure clear ownership, no pending dues, and structural integrity.
6. Loan Sanction & Disbursal
Once documents and property checks are complete, you receive a sanction letter detailing the loan amount, interest rate, EMI, and tenure. Upon agreement, the loan amount is disbursed directly to your bank account.
Why Choose Infintech in Hari Nagar?
With many loan agents and NBFCs operating in Delhi NCR, what sets Infintech apart?
1. Quick Turnaround Time
Infintech specializes in fast approvals and disbursals, often within 3–5 working days. Their streamlined process eliminates unnecessary delays, ensuring funds reach you when you need them most.
2. Multiple Lender Tie-Ups
Infintech is partnered with top private banks (HDFC, ICICI, Axis, Kotak, etc.) and leading NBFCs (Bajaj Finserv, PNB Housing, Indiabulls, Tata Capital, etc.). This means more choices, better deals, and higher chances of approval.
3. Local Expertise
Being active in Hari Nagar and the wider Delhi NCR region, Infintech understands local property trends, valuations, and lender requirements. This localized knowledge results in tailored loan solutions that work.
4. End-to-End Support
From documentation to property verification and bank coordination, Infintech handles everything. Their expert relationship managers keep you updated throughout the process.
5. Low Processing Fees & Transparency
Infintech maintains complete transparency with no hidden charges. Their processing fees are nominal, and they often negotiate with lenders for fee waivers or reductions on behalf of clients.
6. Support for Low CIBIL or Complex Cases
Infintech doesn’t just cater to salaried individuals with perfect scores. If you have CIBIL issues, complex income profiles, or a non-standard property, they’ll still work hard to get you a viable solution through alternate lenders.
Common Mistakes to Avoid
To get faster approval and better loan terms, avoid these common pitfalls:
Submitting incomplete or incorrect documents
Not checking your credit report beforehand
Overestimating your property value
Not comparing lenders
Ignoring the fine print in sanction letters
With Infintech guiding you, most of these issues are proactively resolved.
Loan Against Property Interest Rates – April 2025 Snapshot
Lender Name Interest Rate (p.a.) Max Tenure Processing Fee
HDFC Ltd. 9.00% – 10.50% 15 years Up to 1%
ICICI Bank 8.75% – 10.90% 15 years Up to 1%
Kotak Mahindra 8.50% – 10.25% 15 years 0.50% – 1%
Bajaj Finserv 9.50% – 11.00% 18 years Up to 1.25%
PNB Housing 9.75% – 11.25% 20 years Up to 1% + taxes
(Note: These are indicative rates. Actual rates depend on your profile and lender policies.)
Final Thoughts
A Loan Against Property is one of the most powerful ways to raise large funds quickly without selling your assets. For residents of Hari Nagar, Delhi, getting a LAP is now easier than ever, especially when you partner with a reliable loan service provider like Infintech.
With their fast processing, personalized support, strong lender network, and deep understanding of the Delhi market, Infintech ensures you don’t just get a loan — you get the best possible deal with the least hassle.
So, if you’re sitting on property but short on liquidity, now’s the time to unlock the value of your assets. Reach out to Infintech today and take the first step toward securing your financial future.
Contact Infintech Today!
📍 Office in Hari Nagar, West Delhi
📞 Call/WhatsApp: +91-9650885375
🌐 Visit: https://infintech.in/
