What is a Loan Against Property?

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2024-06-26 06:56:43 - Translate -

A Loan Against Property (LAP) is a secured loan that allows you to borrow money by pledging your property as collateral. This type of loan is a popular option for individuals who need substantial funds for various purposes, such as business expansion, education, medical emergencies, or even personal needs. Since the property secures the loan, lenders typically offer lower interest rates than...

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