22/10/2021 Financial & Legal Services
Brief description about LAP
Any person can get loan against his property from 50% to 70% on the value of his property. Which is beneficial for a large amount of loans.
Because if we compare any other loan like personal loan then these loan value depends on salary. And in most cases, a person’s property is not much in comparison to the property, so he cannot get a large amount of loan. This is a good option for a large amount of loan.
Minimum documents required
Every bank and finance company gives loan. They have different loan guidelines and terms and conditions. Some required documents depend on the bank or finance company,
how important they consider those documents for the loan one of these documents are cibil score. what needs a cibil score or not for a loan it depends on the financer company.
RI finance is one of those companies which provide LAP Loan without cilibi score.
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