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Loan Against Property

Loan Against Property

Submitted by • August 27, 2020

Loan against property is nothing but a loan made available to you by holding your commercial / residential property as collateral. It is a secured loan.The valuation of your property will decide the amount of the future loan you will obtain.Usually Banks provide LAP for both salaried and self-employed individuals. The rates and loan amounts vary based on your property and your annual income.Interest rates offered on these loans range from 9.80% p.a. to 14.50% p.a.
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