When obtaining a loan against property, a charge is created on the collateral property. This serves as the lender’s security, ensuring they can recover the loan amount if a borrower defaults. This blog post explains what a charge is, how…
Obtaining a loan against property requires satisfying multiple conditions, and one of the most significant among them is the CIBIL score. This three-digit number plays a crucial role in lenders determining your creditworthiness. But what’s the minimum CIBIL score needed…
Applying for a loan against property often involves a significant financial commitment, and many borrowers opt for a co-applicant to help share the burden. But who exactly can be a co-applicant for such a loan? And what are the benefits…
Introduction The landscape of finance is laden with a myriad of options, each catering to unique needs. Among these, a ‘Loan Against Property‘ (LAP) has steadily gained popularity. So, what is a loan against property? A LAP essentially allows you…
Introduction When you need substantial funds for various purposes, a loan against property can be a viable solution. This type of loan allows you to leverage the value of your property as collateral and secure a loan from a lender.…
