Loan Against Property (LAP)
Unlock the real potential of your property
At NIRAI Corporate Solutions, we understand the value of your property and offer tailored Loan Against Property (LAP) solutions to meet your financial goals. As a trusted Direct Selling Agent (DSA) for leading banks and NBFCs in India, we provide access to competitive loan products with seamless processing and personalized service.
Loan Against Property (LAP) is a smart financial solution that allows you to unlock the value of your property without selling it. With attractive interest rates, higher loan amounts, and longer repayment tenures, it provides a cost-effective way to fund diverse needs, including business expansion, education, medical emergencies, or personal milestones.
Key Features of Loan Against Property (LAP)
High Loan Amount
Lower Interest Rates
Flexible Tenure
Retain Ownership
Transperant Dealings
Quick Disbursement
FAQ
LAP
What is a Loan Against Property (LAP)?
A Loan Against Property is a secured loan where you pledge your residential, commercial, or industrial property as collateral to avail funds. It allows you to use the value of your property to meet financial needs such as business expansion, education, or medical expenses, while retaining ownership of the property.
What types of properties are eligible for a Loan Against Property?
Typically, residential, commercial, or industrial properties are accepted as collateral. The property should be free of legal disputes and owned by the applicant. The value of the loan depends on the market value of the property and the lending institution’s policies.
What is the loan tenure and repayment process for LAP?
The loan tenure for LAP usually ranges from 5 to 15 years, depending on the lender and the loan amount. You can repay the loan through Equated Monthly Installments (EMIs), and some lenders also offer flexible repayment options based on your financial situation.
