08/10/2021 Financial & Legal Services
A loan against property is a secured credit option, the property loan interest rate is comparatively lower than most credit options. A loan on land is a secured funding option that borrowers can avail by mortgaging their residential or commercial property. It is thus a type of mortgage advance that allows individuals to utilize their assets to procure finance in a lump sum. These advances also come with no end-use restriction, making them suitable for diverse funding needs.
For more information about Loan Against Property, you can visit the Bajaj Finserv website.
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