How to Determine the Ideal Loan Repayment Period of Your LAP
Hero Fincorp06 Jan, 2021Finance
A loan against property or LAP can come in handy instead. It is one of the best ways to fund the expansion of your business, a lavish wedding, your dream vacation, the treatment of a serious medical condition or any other need. Since it is secured in nature, the interest rateon loan against property is usually affordable, the chance of approval is high, and the loan tenure can be flexible and long. However, you need to decide on the right tenure before you submit your application as this can determine your total loan burden and the EMIs. How to do that? Here are the factors to keep in mind.
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