Loan Against Property
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Unlocking your property's potential. Our Loans Against Property provide financial flexibility, low interest rates, and quick approvals, allowing you to leverage your assets for future endeavors with confidence.
Loan Against Property
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Mortgaging existing property is a great way to get a loan at low interest rates to meet the current financial needs. Loan Against Property (LAP) can unlock the financial potential in your property. A loan against property (LAP) or Mortgage loan as commonly termed is exactly what the name implies — a loan given or disbursed against the mortgage of existing owned property. Any existing property can help you to avail a loan at interest rates lower than other consumer loans, Personal Loans or Business Loans. One can avail these mortgage loans for commercial property or residential property collaterals. The property is mortgaged and a fixed percentage of the prevailing market value of the property (normally between 60-70% of the value of the property) is given to the borrower as a loan. Though such a property is mortgaged with the lender, you are still allowed to continue using it for residential or commercial purposes. Loans against property area highly preferred form of loans in India, and have much more easily available than ever with the surge in banks and NBFCs providing these loans. Along with being cost-effective, these loans are reasonably convenient to avail and repay due to the relatively low interest rates and extended loan tenors.
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Loan Against Property
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A loan given or disbursed against the mortgage of property is a loan against property. It is a loan that can be availed by mortgaging your property. Whenever we mortgage property to a bank, a loan is sanctioned by the bank for the loan against property. it can be taken from banks and financial institutions against residential, commercial property Or any land may be agricultural land, commercial land or residential land, plot, etc.
Mortgage Loan
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