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Owning property is one of the most secure investments you can make. But did you know that your property can also help you meet urgent financial needs without selling it?

With KGT Loan Against Property (LAP), you can leverage the value of your residential or commercial property to access funds for personal or business purposes.

This financing option is popular among individuals and businesses looking for large amounts at relatively low interest rates, while still retaining ownership of their property.

What Is a Loan Against Property?

A KGT Loan Against Property is a secured loan where you pledge your property—residential, commercial, or even land—as collateral to obtain funds.

The loan amount is usually a percentage of the property’s current market value, ranging from 50% to 75%, depending on lender policies.

The property remains in your name, and you can continue to use it while the loan is active, provided you meet your repayment obligations with KGT.

Key Features of KGT Loan Against Property

• Secured Loan – Backed by your property as collateral.

• High Loan Amount – Access to significant funds compared to unsecured loans.

• Flexible Tenure – Repayment periods typically range from 5 to 15 years.

• Lower Interest Rates – More affordable than personal loans due to reduced risk.

• Continued Ownership – You retain the right to live in, rent, or use the property.

Common Uses of KGT Loan Against Property

A KGT LAP offers flexibility in how you use the funds:

• Business Expansion – Invest in equipment, new branches, or working capital.

• Debt Consolidation – Pay off multiple high-interest debts with a single, lower-interest loan.

• Education Expenses – Fund higher education for children or yourself.

• Medical Emergencies – Cover large, unexpected healthcare costs.

• Personal Goals – Finance weddings, travel, or major purchases.

Benefits of Choosing KGT Loan Against Property

• Lower EMI Burden – Longer repayment periods make installments manageable.

• No Restrictions on Usage – Unlike home loans, LAP funds can be used for multiple purposes.

• Quick Approvals – If your property title is clear, KGT ensures fast processing.

• Retained Asset Value – Your property continues to appreciate while you use the funds.

Eligibility Criteria for KGT Loan Against Property

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While requirements vary, common criteria include:

• Age – Typically between 25 and 65 years.

• Employment – Salaried individuals, self-employed professionals, or business owners.

• Property Type – Must be owned, marketable, and free of disputes.

• Repayment Capacity – Based on income, credit history, and liabilities.

Required Documents for KGT Loan Against Property

• Proof of identity and address.

• Property ownership documents.

• Income proof (salary slips, bank statements, tax returns).

• Property valuation report (arranged by KGT or the lender).

Things to Consider Before Applying with KGT

• Repayment Discipline – Missing EMIs could risk losing your property.

• Processing Fees and Charges – Understand all costs involved.

• Prepayment Rules – Check if you can repay early without penalties.

• Loan-to-Value Ratio (LTV) – Different lenders, including KGT, offer varying percentages of property value.

Conclusion

A KGT Loan Against Property is a powerful financial tool for those who need substantial funds without losing their most valuable asset.

With competitive interest rates, flexible repayment terms, and no restrictions on usage, KGT offers a practical way to unlock the potential of your property.

However, as with any secured loan, responsible borrowing and timely repayment are essential to protect your property and maintain financial stability.