Planning to take a loan against property? Keep these factors in mind

The processing is faster, interest rates are lower and it comes with a 15-year tenure

Tinesh Bhasin
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Planning to take a loan against property? Keep these factors in mind

1 min read Last Updated : Jul 01 2019 | 12:33 AM IST

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Popular among entrepreneurs and owners of small and medium enterprises, loan against property (LAP) can help an individual borrow a large amount at lower interest rates.LAP is also a flexible product. A borrower can get a top-up if he has a good repayment track record. Lenders also extend a credit line in LAP which allows the property owner to borrow as and when he needs money.Lenders provide up t

Topics :Loan against property

First Published: Jun 28 2019 | 1:42 PM IST

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