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🔒 What Is a Secured Loan?

A secured loan is a type of loan that requires the borrower to pledge an asset—such as property, gold, vehicle, or savings—as collateral. This security reduces the lender's risk, making it easier for you to get higher loan amounts, better interest rates, and longer repayment terms.

Common types of collateral include:

  • Residential or commercial property.
  • Gold or precious jewelry.
  • Fixed deposits.
  • Vehicles.
  • Investments or bonds.

📂 Types of Secured Loans We Offer

Here are the most popular types of secured loans available at 101 Loan Finance:

1. Loan Against Property (LAP)

Pledge your residential, commercial, or industrial property to get a large loan at competitive interest rates. Ideal for business expansion, medical emergencies, or large personal expenses.

  • Loan Amount: Up to ₹5 Crores.
  • Tenure: Up to 20 years.
  • Interest Rate: Starting at 8.5% p.a.
2. Loan Against Gold

Use your gold jewelry as collateral and get instant cash. Quick processing, minimal documentation, and no need for income proof.

  • Loan Amount: Based on gold weight & purity.
  • Tenure: Up to 2 years.
  • Interest Rate: Starting at 9% p.a.
3. Loan Against Fixed Deposits

Don’t break your FD! Use it as collateral and get a loan at 1–2% above your FD interest rate.

  • Loan Amount: Up to 90% of FD value.
  • Tenure: Linked to FD maturity.
  • Interest Rate: FD Rate + 1–2%.
4. Loan Against Insurance Policies

Borrow against the surrender value of your life insurance policy. Ideal for short-term needs with lower documentation.

  • Applicable only on endowment/money-back policies.
  • Interest Rate: ~9–10% p.a.

✅ Key Features of Our Secured Loans

  • Loan Amounts: ₹50,000 to ₹5 Crore (based on asset value).
  • Interest Rates: Starting from 8.5% p.a.*
  • Tenure: Up to 20 years.
  • Quick Approvals:Get approval within 48 hours*.
  • Minimal Documentation: Simple and paperless process.
  • Flexible Repayment: Customize your EMIs to suit your income.

🧾 Required Documents

  • KYC Documents: Aadhaar card, PAN card, passport, etc.
  • Address Proof: Utility bills, voter ID, etc.
  • Tenure: Up to 20 years.
  • Income Proof:Salary slips, bank statements, ITR.
  • Collateral Proof: Property papers, gold valuation certificate, FD receipt, etc.

👤 Who Can Apply?

secured loans are available to:

  • Salaried professionals.
  • Self-employed individuals.
  • Business owners.
  • Retired individuals.
  • NRIs (for select loan types).

🤝 Why Choose a Secured Loan?

Lower Interest Rates:

Lenders offer better rates due to reduced risk.

Higher Loan Amount:

The value of your asset increases your loan eligibility.

Flexible Repayment Terms:

Repay over a longer period (up to 20 years in some cases).

Improves Credit Score

Timely repayment helps build or improve your credit score.

Multipurpose Use:

Use the funds for anything—education, medical, business, or home needs.