Loan Against Property (LAP)

Nov 25

Going for Overdraft When Applying for LAP Can Reduce Expenses

The need for the fund can arise at any point of time in a family or business. One of the best and easy options to meet the need of finance is to apply for a loan against property online or at a bank branch. The financial product loan against property (which is disbursed as a … Continue reading “Going for Overdraft When Applying for LAP Can Reduce Expenses”

Jun 4

What are the types of loans against property?

Loans against property is a secured type of loan that can be easily availed on mortgaging your owned property with the lending bank or other financial sources. There are two different types of loans, one is the secured and the other is unsecured one. For loan against property, it is a secured type of loan … Continue reading “What are the types of loans against property?”

May 24

Is it Cost-effective to Avail Loan Against Property?

Before choosing a LAP, evaluate your reimbursing capability. Any avoidance in repayment will have an opposing effect on your credit score, and of course you will be accountable to pay a penalty. To calculate suitability, a lender will look at a certain percentage of the market value of your property and your repaying capacity. Characteristically, … Continue reading “Is it Cost-effective to Avail Loan Against Property?”

May 20

A Brief on the Most Demanding Loan – Loan Against Property (LAP)

Loan against Property that is called LAP is a secured loan, which helps the borrower to meet his / her business financial needs by mortgaging his/her property. LAP can be effortlessly availed by both remunerated and self-employed individual. For salaried people, the minimum work experience required is 3 years and for the self-employed business existence … Continue reading “A Brief on the Most Demanding Loan – Loan Against Property (LAP)”

Apr 3

Apply for Loan Against Property Online 24×7

Nowadays banks and other financial lending institutions provide loan against property which can be applied in case of a residential and commercial building or any piece of land. The property is kept as a mortgage with the bank and the person can apply for a personal loan anytime. The amount of loan depends on the type … Continue reading “Apply for Loan Against Property Online 24×7”