What is LAP?
It is basically a kind of loan against the security of one's property
How is LAP different from PL?
There are distinct differences between a LAP and a personal loan. Read on to find out more.
Loan Against Property: Should you go for overdraft or EMI?
ou can take the entire loan amount as a lump sum and repay in equated monthly installments (EMIs), or as an overdraft account.
Loan against Property or Home Loan
Should you opt for a loan against property or home loan
Do you need to show proof of income for Loan Against Property?
Even though you are taking a loan against your property, you need to show that you have income. A personal loan is more expensive as compared to a loan against real estate.
Eligibility criteria for LAP
What are the eligibility criteria for one to apply for LAP?
Fees & charges for LAP
Fees and charges applicable for LAP
Secure a loan with your property
Unlike other loans which are taken for specific purposes, such as home loan or auto loans-these loans can be taken for any purpose.
Documents required for LAP
what are the documents required while applying for LAP
CIBIL Credit Information Bureau Report Request Form
Now, you can apply for your own Credit Information Report (CIR) from CIBIL at a minimial cost.
Now you can get your own credit report from CIBIL
CIBIL introduces its manual system to provide consumers with their own credit history on a test basis.
Loan against Property: Why do I need to show income proof?
Property is generally among the first assets people acquire. But, compared to other assets like, say, stocks, it's relatively illiquid, and poses a bit of a problem when you need quick cash.
Loan against property versus loan against securities
There are many differences and similarities between Loan Against Property and Loan Against Security.
Secure a loan with your property
Unlike other loans which are taken for specific purposes, such as home loan or auto loans-these loans can be taken for any purpose.