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‘Maximise the benefits of lesser rate of Interest’

Loan Against property at lesser rate of interest


How less interest rate is offered in loan against property ?

Loan against property is one of the best borrowing options as there are several advantages. The primary benefits of availing such a loan includes the appreciation in value, being in the nature of a fixed asset, income earning potential (lease or rental) and many more. This flexibility allows the best use of the property (Commercial and residential) which is owned and at the same time will offer scope to raise funds required.


Finally, one among the major benefits is that interest rate are lower compared to that of a personal loan or home loan. Besides, appropriate use of the funds will ensure the maximum outcome is taken from the situation. But, the financial value of an asset or property should be enough to meet the sanction of the loan amount required by the borrower. Moreover, the properties having higher appreciating value in the market are considered best for taking Loan like Residential or commercial premises etc.