Loans against Property feature benefits such as below
Any type of Property accepted as Collateral
You may avail a LAP against any type property. The property may be a house, a piece of land, a commercial property, or an industrial property.
Low Rates of Interest
Rates of Interest are comparatively low on LAPs as such loans are secured loans against property.
Transfer of Existing Loan
Most lenders offer you a facility to transfer your existing loan against your property, and such offers allow you to save money.
Quick and Transparent Process
The LAP process happens to be a streamlined and transparent process, which gives you the benefit of quick approval.