Loan against Residential Property: Common Myths Busted

Hero Fincorp24 Sep, 2020Finance

In India, it is quite common to pledge an asset as security and borrow a loan against that. Residential property is one of the most common assets pledged as security. Loan against residential property is a common mode of finance. It is a form of secured loan wherein the property is pledged as security with the financial institution and a loan amount (depending on the value of the property is borrowed).