Loan Against Property is a secured, high-value advance available against the mortgage of a residential, commercial, or industrial property. This is a secured personal loan that can be availed by pledging property as a security or a collateral. In other terms, these loans are also known as mortgage loans.
The funds with Loan Against Property come with no end-use restriction and can be used to fulfill multiple financial objectives requiring lump sum expenditure.
Best Suited for:
- SENP – Self Employed Non-Professionals
- SEP – Self Employed Professionals