Applying for a loan against property can be an effective way to secure financing for various personal or business needs. However, navigating the world of loans against property can be challenging, especially if you are unfamiliar with the jargon and…
A loan against property (LAP) is a secured loan that is offered by Banks and other financial institutions. The loan is provided against collateral/security, which could be a residential or commercial property owned by the borrower. The loan amount is…
You can avail of a loan against a commercial property if you need urgent funds. You will get competitive interest rates and instant loan sanctions. You can get a loan of up to Rs. 5 cr or even higher if you meet…
Choosing a tenure for your loan against property requires careful consideration. The financial responsibility and obligation are generally quite significant as the loan amount is usually substantial. It would be best if you borrowed cost-effectively and wisely to avoid hassles. The tenure for…
A Case Study Mr Kumar is a middle-aged man in his early 40’s who runs a small scale business in his city. His business makes decent profits. Currently, he had taken a personal loan worth 5 lakhs just 1 year…
