Unlocking Financial Potential: Understanding Loan Against Property

Business

Source: Unlocking Financial Potential: Understanding Loan Against Property

A loan against property, as the name suggests, is a secured loan obtained by pledging one's property as collateral. This collateral could be a residential or commercial property owned by the borrower. The loan amount sanctioned is typically a percentage of the property's market value, with lenders offering competitive interest rates and flexible repayment options.

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