Fulfilling your financial objectives such as business expansion or education with tangible property can be efficiently planned with a mortgage loan. Today Finserv offers deposit-based mortgage loan options that are tailored towards achieving precise financial milestones including attending classes, business finances, medical needs, and even other personal goals.
What is a Mortgage Loan?
A mortgage loan is a property loan which can be pledged with a property such as a house, whether residential, commercial or industrial. The value of the funds sanctioned is cumulatively estimated against the market value of the property which on average ranges between fifty to seventy percent.
Mortgage loans have the added benefit of lower interest rates and extended payback periods, making them extremely popular among individuals against unsecured loans. Those wishing to avail larger amounts tend to find lower interest mortgage loans more favorable for their budget-friendly EMIs.
Why Choose Today Finserv?
Providing unparalleled services to their clients, Today Finserv does not limit itself to standard mortgage loans offered by other banking institutions. Their customer-oriented approach enables faster availing options along with flexible policies. The one thing that sets us apart from our other competitors includes:
- Competitive Interest Rates: Increased competitiveness means more value and offer helping clients pay lesser interest while borrowing more.
- Flexible Tenure Options: Up to 15-20 years repayment tenure based on your income flows.
- Quick Processing: Minimal paperwork, and faster than usual turnaround time means more time saved for you.
- High Loan Amounts: Depending on your eligibility and the property value, you can unlock loans worth ₹5 crore or above.
- Doorstep Assistance: Our advisors provide tailored solutions right at your doorstep.
Uses of a Mortgage Loan
Multiple situations can be alleviated by funding through a mortgage loan, here are a few from today Finserv Customers:
Business Growth: Kickstart a new business, buy machinery, or fund working capital.
Education: Advance in your or your child’s education, be it in India or overseas.
Medical Emergencies: Take care of unforeseen expenses without touching your savings.
Debt Consolidation: Simplify overwhelming finances by paying off high-interest debts.
Eligibility and Documents Required
To apply for a mortgage loan you need to be:
- Self-employed or salaried.
- Between 21 to 65 years of age.
- A residential or commercial property owner.
Required Documents:
- Identifying Document and Address Verification
- Proof of Income (Income Tax Document or Payslips)
- Property Titles, Deeds, and other relevant papers
- Bank Statement (last 6 months)
The Today Finserv Advantage
At Today Finserv, we believe in creating relationships that last rather than offering loans as transactions. Thanks to our experienced professionals, our clients are able to appreciate the value their investments and expenses are giving them through tailored loan offerings based on their preferences. No matter if you’re a self-employed individual, a salaried person or a land owner looking for finance, rest assured our mortgage loans are intended to secure the wealth you will be having in the future.
Ready to Unleash The True Value of Your Property?
A mortgage loan is not simply an economic tool: it is a chance. Today Finserv offers an array of advanced mortgage solutions alongside expert guidance throughout a clear step-by-step plan, thus securing tailored support aligned with personal goals.
Apply for the mortgage today and embrace the first step toward economic self reliance.
FAQ
What is a mortgage loan?
A mortgage loan is a secured loan where you pledge your residential or commercial property as collateral to avail funds from the lender. It is commonly used for business expansion, debt consolidation, or personal financial needs.
What types of mortgage loans does Today Finserv offer?
Today Finserv offers a wide range of mortgage loan options including:
- Loan Against Property (LAP)
- Commercial Property Loans
- Residential Property Loans
- Balance Transfer with Top-Up Option
Who is eligible to apply for a mortgage loan?
Eligibility criteria typically include:
- Salaried or self-employed individuals
- Age between 25 to 65 years
- Stable income and repayment capacity
- Ownership of property to be mortgaged
How much loan amount can I get?
The loan amount depends on the property’s market value, your income, credit history, and repayment ability. Today Finserv typically offers up to 60–70% of the property’s value.
What documents are required for a mortgage loan?
Common documents include:
- ID & address proof
- Income documents (salary slips/ITR)
- Property papers
- Bank statements (last 6–12 months)
- Business proof (for self-employed)
What is the loan tenure offered?
You can choose a flexible repayment tenure of up to 15 years, based on your eligibility and loan amount.
How long does it take to process a mortgage loan with Today Finserv?
Typically, the loan is processed within 5–7 working days, subject to documentation and property verification.
Can I apply for a mortgage loan online?
Yes, you can easily apply online through the Today Finserv website or connect with our consultants for doorstep service.
What is the interest rate for mortgage loans?
Interest rates vary based on borrower profile and loan amount but are competitive and tailored to suit your financial goals.
