Published on Aug 9, 2019Updated on Nov 20, 2024
Yes, you can! Celebrations and family functions are important occasions that everybody looks forward to. Whether it’s a wedding, the birth of a child or a milestone birthday, these priceless occasions should be celebrated without any compromises. While these events are a great time for the entire family to gather and enjoy together, they can be financially demanding. As a host, you may always have that extra bit of financial stress to make the event a memory you'll never forget. Doubts of whether you have planned well enough to finance the entire event without any hiccups continue to circle as loops in your mind.
In most of these situations, your property can become your source of strength. Many banks and financial institutions offer a loan against residential or commercial property that you can easily avail of to meet significant expenses of a family function. You can harness your property’s financial potential to raise funds to make sure that there are no roadblocks in your special event. Here are some fundamentals you should be aware of while planning a Loan against Property:
If you are looking to host a family function and wish to raise a Loan against Property, be sure to choose a reputed financial institution that has extensive presence throughout the country. A Loan against Property can be fully tailored to suit your requirements with unique benefits and a range of features such as balance transfer and additional finance. Make sure that your financial partner is equipped to handle your property documents and records with utmost sensitivity and professionalism.
* Please note that this article is for your knowledge only. Loans are disbursed at the sole discretion of SMFG India Credit. Final approval, loan terms, disbursal process, foreclosure charges and foreclosure process will be subject to SMFG India Credit's policy at the time of loan application. If you wish to know more about our products and services, please contact us
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