A loan against property is a type of loan in which a person or business owner pledges their property as security for the loan.The property can be residential, commercial, or industrial, and the loan amount is usually a percentage of the property's market value.
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The terms and conditions of a loan against property may vary depending on the lending institution. Usually, the interest rates for such loans are lower compared to personal loans because the property acts as security.

Minimum Documentation

Quick Loan Approval

Low Interest Rates

Higher loan amount

Longer repayment tenure

Improved credit score
In summary, this loan is provided by a company offers financial assistance, lower interest rates, flexible repayments, tax benefits, security, credit history building, ownership and investment opportunities, and personalization options.