Loan Against Property

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Loan against Property (LAP) India at
loanbaba.com
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Loan Against Property

• Arranging for emergency funds may seem a task.
  You can use assets like FD, gold as collateral to
  get funding, and real estate is also a valuable
  asset that you may leverage to get necessary cash
  flow.
• These days several lenders and banks help with
  loan against property, where 40 to 60 (may
  differ) amount of the propertys market value can
  be disbursed to the seeker.

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EMI Schemes

• Banks and lender often have several EMI schemes
  to choose from. Some of these allow for lower or
  higher equated monthly instalment at the start or
  end of the loan against property repayment
  period. But, the schemes can differ based on many
  factors.
• You can loan against property EMI calculator to
  acquaint with the equated monthly instalment to
  pay based on repayment tenure, until the loan has
  been totally repaid.

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Loan against Property Vs Home Loan

• Some people confuse between loan against property
  and home loan. These two are different from each
  other.
• The former can be utilized by owner of the estate
  for multi-purposes like funding education,
  expanding business, for family events or any
  other needs.

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• The later is a borrowing taken to purchase a
  residential property, which cannot be used for
  other purposes.
• If you need cash flow for any purpose and have
  real estate asset than can come to rescue, then
  use the loan against property EMI calculator to
  know the equated monthly instalment needed.

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Eligibility Status

• Both self-employed and salaried individuals can
  approach a lender for the monetary gains against
  a piece of land they own.
• Even salaried Non Resident Indians (NRIs) who
  work for reputed organizations and live in select
  countries can apply for loan against property at
  online platforms like loanbaba.com.

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Thank You