Many a time, we find ourselves under duress due to insufficiency of funds. Whether it is for a medical emergency or an investment, arranging a large sum of money in a short time can be quite tricky.
Loan against property or Mortgage loan – the safest and most popular loan product among borrowers.
Most major steps in life like marriage, education, building a house, etc. require a great deal of money.
A loan against property or LAP is a loan sanctioned against property as collateral. The loan amount is decided by the lender depending upon the market value of the property.