Benefits of taking a loan against property from shubham housing finance

1. Benefits of taking a loan against property from Shubham HousingFinance Life is uncertain and can throw challenges at any time. At such times, you may face a financial crunch. All such all you need is an easy and hassle-free loan. Shubham Housing Finance brings to you with another credit option if you're a property borrower. It is called a loan againstproperty. A Loan against property acts as a collateral to provide cash at low-interest rates with a long repaymentperiod. It is an affordable way to bridge any financial need, whether it is for your business or personal needs like starting a new business, children's education, marriage, medical expenses, business expansion,etc. Shubham Housing Finance offers customized home loan products to suit the home loan needs of its customers. Some of the benefits of availing a loan against property are discussed briefly: 1. Lower Interest Rate: Personal Loans are more expensive compare to personal loans as they are unsecured. A loan against property is a secured loan, and the rates are much lower. 2. Serves Variety of Needs: You can use the loan amount to fulfill all your needs. There are not many restrictions as to how to utilize the funds when it comes toLAP.

2. However, most people borrow loans against property in situations of enormous funding requirements such as for education, medical costs, setting up a business, marriage,etc. 3. More extended repayment period: Since it is a secured loan, the risk of lending rate is lower by the lenders and is willing to grant a more extended repayment schedule. The tenure for a loan against property provided by Shubham is 120months. 4. Lower EMIs: Because of the longer loan period, the monthly EMI is also smaller, meaning it is a lighter repayment burden over the entire tenure of the loan when compared to a similar-sized personalloan.

3. 5. Cheaper Loan Option: It is an effective way to meet your monetary demands during the times of financial need, as a loan against property is cheaper compared to unsecured loans. 6. Good Credit history: While applying for a loan against property, you must maintain a good credit score. If you fail to do so, you might end up getting higher interest rates. So, its better you make all your payments on time to maintain a good creditscore. Loans can help you to make your dream come true and plan your finances accordingly. Thus, you can apply for a loan against property with Shubham housing finance and get abundantbenefits.