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Finance against Property
Finance against property or Property Finance, as it is often referred to, is a finance taken by pledging your existing property as a security. Finances against property can come in handy when other sources of funding get exhausted.
Bank determines your financial eligibility based on your repayment capacity. The financial eligibility for acquiring home finance is augmented by clubbing income of your father/spouse /mother/son, by clearing your outstanding debts, by stretching your finance tenure, salaried individuals can increase their eligibility by showing their performance linked income or bonus earned.