- vyuvanltd@gmail.com
- Plot no 24 -25, 201/2nd floor, platinum plaza, behind C21 Mall, infront of NRK BIZ Park, PU4, scheme no 54, vijay nagar, Indore.
- +91 8871322722
As the name implies, a loan against property (LAP) is one that is disbursed against real estate, either residential or commercial. Because LAP is a secured loan authorized against an immovable asset, such as your property, while making your dream home a reality, you should always step up for a home loan. Hence, your chances of receiving a significant loan are higher with a low-interest rate.
A lender's risk is decreased because a loan against property is a secured borrowing option. After all, any losses could be recouped through a legal claim against your property. The fundamental justification for why lenders charge such a low-interest rate for this kind of loan is the security. Additionally, this low rate significantly helps your repayment efforts by lowering your interest expenses, which reduces the overall cost of the loan. So we provide you an interest rate of 12% to 18% yearly, considering the value of your asset with the quick processing-time of 48 hours. However, if you choose a loan without collateral, you won't be able to take advantage of the same advantages because lenders typically demand higher interest rates to mitigate their risk.
So, to make it more manageable, quick, and convenient for you, VYUVAN Micro Finance has the best property mortgage facility that helps you hold a good amount as your finances are on track and needs are fulfilled. Fill out the form and let us serve you gratifying financial services.
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