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…
Loan against property is a loan that is given by Banks and NBFCs to any person that owns a property. The reason why you might have not heard a lot about this loan is that people only opt for this…
Loan against property is also termed as a property loan or a mortgage loan. This type of loan depends on 1 factor i.e. you must be the owner of a property. When you’re the owner, Banks allow you to opt…
A loan against property (LAP) also called a property loan or mortgage loan is a loan that Banks and NBFCs in India give over your property. This property must be owned by you and only then can you apply for…
In India, there are multiple reasons why people opt for a loan. Some of these reasons would require a huge loan amount like higher education abroad or for medical emergencies where the amount required is high. In such times, a…
Having a grand wedding is a dream of every prospective groom, bride and family in Mumbai. A wedding is not just a ceremony but it’s the beginning of a new journey. Just like any other celebration in Mumbai, weddings are…
