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Loan Against Property

As the name says it all, loan against property is the loan a person gets from the bank or financial institution against the mortgage on his property

Loan against property is the best answer to deal with all kinds of funding requirements. It is one of the most preferred options for: acquiring a new asset, vehicle, business development,commercial ventures, etc.

Many individualsoften prefer the loan by mortgaging the house property is far better than a personal loan in Chennai and rest of the country. Reason is a loan against property is one of the cheapest retail loans after home loans. Since the rate of interest is lower, Equated Monthly Installments (EMI) turning out cheaper than any kinds of loans. More importantly, another added advantage of Loan Against Property is that the maximum loan eligibility is determined primarily by the value of the property and income. So, the borrower in Chennai or any part of the country, the loans will be distributed according to the value of the property