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For raising funds against property you already own. Frequently the right product for self-employed borrowers whose income does not fit a salary slip.
How we are paid and who is accountable for this file are both published openly.
We do not assess your eligibility. This is what the institutions receiving your file generally look at, so you know what your application is being read against.
The lender commissions its own valuation. The sanctioned amount is a proportion of that valuation, not of your expectation of market price.
Lenders reconcile declared income against banking turnover. Where the two do not agree, the lower figure generally governs.
Clear, marketable title is the foundation of the product. Any existing charge must be identified and dealt with before submission.
Lenders ask what the funds are for. A clearly stated, permissible purpose strengthens the file.
Most rejections are preparation failures, not eligibility failures. Every one of these is cheaper to fix before submission than after a decline.
The most common reason a self-employed LAP file is declined. It is usually fixable, but only before submission.
Every owner on the title must be party to the application. Discovering this after submission costs weeks.
The lender's valuer, not the applicant, sets the figure the sanction is calculated from.
A previous loan that was repaid but never formally released will halt legal verification.
Requirements differ by institution and by profile. This is the working set — gather these and the preparation stage moves quickly.
We establish what you need, what you earn and what you own — before a single document is collected.
Documents verified and organised against each lender's current criteria. This is the stage that prevents rejections.
Your file goes to the partner Bank or NBFC suited to your profile. One application, prepared properly.
We stay with you through queries, valuation and sanction until the lender completes the process.
Lenders sanction a portion of the property's assessed valuation — commonly in the region of 50% to 75%, though the exact figure varies by lender, property type and your repayment capacity — rather than a number you propose. We cannot and do not assess eligibility.
You will get an answer, not a pitch. If your file is not ready, we will tell you what stands in the way and roughly how long it takes to fix — with nothing captured.
No form first. Message us, call +91 73041 73640, or ask us to call you back at a time you choose.
If your file is not ready, we will say so and tell you what would change it.
Loan Manager is a loan facilitation platform owned and operated by Rectangle Consultancy and Services Pvt. Ltd..
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