Under secured financing options, loans against property are one of the most popular ones. For starters, they attract one of the lowest rates in the market, courtesy their collateral-based lending-borrowing arrangement. As they are low-risk advances, lenders often don?t hesitate much in offering low interest rate levy to eligible applicants when providing property loans. Further, their long repayment tenure makes them affordable and easily manageable too, allowing a borrower to choose his/her suitable EMIs for repayments. Loan against property eligibility requirements are simple and minimal too.