Loan Against Property in India

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Loan Against Property in India
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Loan Against Property in India

• Want funds to run a business or any other
  purpose. If you are hesitant to borrow from
  friends or relatives, you can opt for loan
  against property (LAP) in case you own a
  residential or commercial property, by pledging
  collateral as a security you can borrow lump sum
  loan amount to fulfill your requirements- this is
  how loan against property in India works.  
• Typically, a Loan Against Property in India
  mortgage loan that aids individuals to invest in
  their business ventures. With a LAP you can
  leverage the value of the property and get your
  work done.

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• Get maximum fund against the market value of your
  property at the best mortgage loan interest
  rates. In the meanwhile, you can focus on growing
  your business from the comfort of your own
  property

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Loan Against Property Benefits

• Benefits of Loan Against Property vary across
  different lenders and loan schemes. However, some
  of the common mortgage loan benefits are as
  below
• Flexible End Use Like personal loan, loan
  against property can be used for both personal
  and business purposes other than any speculative
  use
• Low Interest Rate The interest rate on a secured
  loan is lower than the interest rate on an
  unsecured loan. This makes loan against property
  a cheaper and a better alternative to personal
  loans
• Flexible Tenure The tenure of loan against
  property usually extends up to 20 years, giving
  you the benefit of lower EMIs and greater
  flexibility of repayment