Hero Fincorp15 Feb, 2022Business
If you require funds during emergency, you can apply for a loan against property (LAP) depending on the value of residential or commercial property that you can keep as collateral or mortgage. LAP is a secured loan as you are an asset as security keeping with your lender. To avail this loan, there are certain eligibility criteria specified by the lender that you have to fulfil. You can check your eligibility using an online tool known as the loan against property calculator. Read on to know about this very useful tool and its benefits in details.
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