Collateral Loans
- Education Loans Against Property
Collateral Loan
At Lead Strategy Services, our Education loans against property provide a secure way to fund higher education. By pledging residential or commercial property, you can access higher loan amounts with competitive rates and flexible repayment options, ensuring a smooth and stress-free process.
We prioritize transparency and guide you at every step, ensuring your property stays secure while covering tuition, living expenses, and more. Invest in your future confidently with our tailored solutions.
Education Loan Eligibility
Discover if you’re eligible for an education loan and take the first step toward achieving your academic aspirations. Our eligibility criteria are designed to accommodate a wide range of students, whether you’re pursuing an undergraduate or graduate degree in India or abroad. Check your education loan eligibility to plan your finances confidently and embark on your academic journey.
Education Loan Tax Deduction Under 80E
Take advantage of tax benefits under Section 80E of the Income Tax Act, 1961, when repaying your education loan. Deduct the interest component of your EMIs from your taxable income, reducing your tax liability. These benefits are available for up to eight years or until the interest is fully paid off, whichever comes first.
Education Loan Interest Rates and Charges
Documentation Required for Education Loan Against Property
- Identity Proof: Aadhaar Card, Passport, Voter ID, PAN Card, or Driving License.
- Address Proof: Aadhaar Card, Utility Bills, Rent Agreement, Property Tax Receipt, or Passport.
- Student’s Academic Documents: Admission Letter, Fee Structure, and Mark Sheets (10th, 12th, and latest).
- Income Proof (For Co-applicant/Guarantor):
- Salary Slips or Income Tax Returns (last 2 years).
- Bank Statements (last 6 months).
- Property Documents (For Collateral):
- Title Deed, Sale Agreement, Property Tax Receipt, Encumbrance Certificate, and Latest Valuation Report.
- Photographs: Passport-sized photographs of the applicant and co-applicant.
- Loan Application Form: Duly filled and signed.
- Other Documents: Any additional documents requested by the lender.
Ensure all documents are valid and up-to-date to facilitate a seamless loan approval process.
Why Choose
Lead Strategy Services
Smart Borrowing
Get Funds
Support
Interest Rates
Status Update
Hassle Free
No Prepayment
Best Service
Frequently Asked Questions
A collateral loan is a secured loan where you pledge an asset, such as property, gold, or vehicles, as security to borrow funds. The asset acts as collateral and helps you access higher loan amounts at lower interest rates.
Common assets used as collateral include residential or commercial property, gold, fixed deposits, or vehicles. The eligibility of an asset depends on the lender’s policy and valuation.
The loan amount is usually based on the market value of the pledged collateral. Lenders typically offer a percentage of the asset’s value, known as the Loan-to-Value (LTV) ratio.
If the loan is not repaid, the lender has the legal right to sell the pledged collateral to recover the outstanding loan amount. It’s important to plan repayments carefully to avoid this situation.
Yes, for many types of collateral, such as property or vehicles, you can continue using the asset while it is pledged. However, the lender will hold the original documents until the loan is fully repaid.
The documents typically include identity proof, address proof, income proof, property title deed (for property collateral), or proof of ownership for other assets. Additional documents may be requested during the process.
Request a Free Call Back
Provide discussion information and we’ll get back to
you as soon as possible
Address
1-4,Brindavan Colony above Metro Opticals, Near Malkajgiri Bus stop, Hyderabad - 500047
Phone
+91-6281050679
Business Hours
Mon – Sat : 9:30 AM – 7:30 PM
Sun: Closed