Hello Sir / Madam,
I am looking for a loan against my properly (land in Govt. approved colony) because I need some urgent money. I already have a home loan on me so the bank I had previously applied is not giving loan , so I approached a person who works in field of land and house deal and he referred me to " Star Life Fincorp Services Ltd ", they sent a boy and he asked me all requirements and said LOAN can be sanctioned, above all they said it will approximate only on 8% interest.
I later searched about this company and was very hard to find its website (http://www.slfspvtltd.com) . There is no particular information available on website, also website's many page are saying " coming soon" . I also searched other forums and google but no one ever seems to take loan or atleast mentioned about this company .
Moreover most of the nationalized banks are giving LAP (loan against property) at 12% interest or 12.5% then how they are able to give at 8%, I am now little nervous about taking loan from this company .
Should I go for loan from it or should I change my mind or look for other option ?
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