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LAP Loan offer high-value loan amounts without any end-user restrictions. Few financial products can offer such high amounts at the loan against property interest rates, which are typically lower than interest rates of most other unsecured or secured loans.
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LAP LOAN Loan Against Property
LAP Loan is a loan which you avail by keeping your commercial/residential property as a collateral as, this property can be a commercial as well a residential property. The property remains mortgaged until full repayment of the loan. LAP Loan can be taken for funding various purposes, from business-related purposes, medical emergencies, to fund a child's education, weddings etc.
To know more about lap loan you can visit bajaj finserv’s website.
Loan against property is a lucrative option as compared to personal loan due to the longer time period and attractive interest rates. Loan against property (LAP) is one of the cheapest ways to raise a significant amount of money for a large expense, such as children's education, child’s marriage, medical expenses, and expansion of the business and many more other expenses can be covered . You can also check your loan against property eligibility using the EMI calculator and get the best interest rate on the LAP.
Latest Salary Slip Bank Account Statement PAN/AADHAR CARD Address Proof IT Returns Documents of property The eligibility criteria for loan against property and check the documents required for loan against property is:
There can be few changes on the basis of self employed and the salaried individual, so to check more about loan against property documents required.