Loan Against Property

  • Mortgage Loan Tax Benefits under Income Tax Act

    January 13, 2022

    A Loan Against Property is a secured advance amount that users get against their mortgaged commercial or residential property. This amount of funds is not restricted to being used for a certain purpose but can be used for any requirements including daily expenses.  Such loans can be extended to tenor,…

  • 7 Factors to Consider Before Opting for a Loan Against Property Balance Transfer

    January 12, 2022

    A loan against property at higher interest rates can drain you mentally. But, what if we say you can diminish the burden of your interest rates against such a loan? A loan against property balance transfer allows you to transfer the existing loan to another lender and avail of the…

  • Key Deciding Factors of Loan Against Property Interest Rate

    January 12, 2022

    One of the most secure ways of lending is Loan Against Property (LAP). It provides an affordable funding key for a number of expenses. This secure loan method allows the borrower to keep their immovable property as collateral for lending the money. Here, if the borrower is unable to pay…

  • How to Get Loan Against Property without Income Proof?

    January 10, 2022

    Are you thinking of selling your property to meet your financial obligations? Do you really want to do this, or the situation has made you do so? Pledge it rather than selling it out now and regretting later.  Lenders offer a loan against property to cope with such uncertain situations.…

  • Loan against Property vs Personal Loan - What is Better?

    January 10, 2022

    Loan against property and personal loans are two of the most common options facilitating credit options that come from two totally different categories - secured and unsecured loans. While both have certain boons and banes, one cannot apply for one of them without ensuring the alignment between their offerings and…

  • Simplifying the Details of Loan vs Mortgage

    January 10, 2022

    The lending industry uses the word mortgage and loan on an alternate basis. Even though they are used all the time, there is still a difference between mortgage and loan.  A loan refers to the amount that the person borrows from a financial institution for meeting their monetary needs. In…