At Sand Associates, we offer a range of secured loan options to meet your financial needs. Whether you're looking for a loan against property (LAP), mortgage loan, or gold loan, we provide flexible terms and competitive rates. You can also leverage securities such as stocks, mutual funds, and bonds, or use fixed deposits and warehouse receipts as collateral to access quick funding.
Additionally, we offer overdraft facilities for added convenience. Our secured loans help you unlock the value of your assets while providing the financial support you need.
Types of Secured Loans
- Loan Against Property (LAP)
- Mortgage Loan
- Gold Loan
- Loan Against Securities (Stocks, Mutual Funds, Bonds)
- Fixed Deposit Loan
- Overdraft Facility
- Warehouse Receipt Loan
- Loan Against Property (LAP)
A Loan Against Property (LAP) is a secured personal loan that allows you to borrow a substantial sum of money by pledging your property as collateral. This type of loan is also referred to as a mortgage loan.
- Mortgage Loan
A mortgage is an agreement between a borrower and lender that gives the latter the right to sell the property if the borrower fails to repay their loan plus interest. Mortgage loans are secured loans given on an immovable property, like a house.
- Gold Loan
Gold loan (also called loan against gold) is a secured loan taken by the borrower from a lender by pledging their gold articles (within a range of 18-24 carats) as collateral.
- Loan Against Securities (Stocks, Mutual Funds, Bonds)
Loan against security is a secured loan where the borrower’s financial assets, such as stocks, bonds, mutual funds are used as collateral. This enables lower interest rates and flexible repayment terms compared to unsecured personal loans.
- Fixed Deposit Loan
A loan against a fixed deposit is the best option for urgent and unforeseen funds requirements. It is a secured loan. Customers can offer their fixed deposits as security and get a loan.
- Overdraft Facility
An overdraft facility is a financial product that lets you withdraw money from your bank account even if your balance is zero or negative. It’s a type of credit that banks offer to their customers, and it’s similar to a loan in that you’ll pay interest on the amount you use.
- Warehouse Receipt Loan
A warehouse receipt financing system is a mechanism that allows the use of commodities as collateral to secure loans. In a typical warehouse receipt financing approach, a farmer stores commodity at a certified independent warehouse.
