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Loan Against Property

Loan Against Property

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.

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.

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Minimum Documentation

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Quick Loan Approval

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Low Interest Rates

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Higher loan amount

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Longer repayment tenure

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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.

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