Sometimes people need funds, but they don’t want to sell assets or take high-interest personal loans. This is where a loan against property becomes a practical option. Many property owners in Delhi and NCR use their residential or commercial property to arrange funds for business expansion, medical expenses, education, or other financial needs.
A loan against property, often called LAP, allows you to use your property as collateral while still keeping ownership with you. Compared to unsecured loans, LAP usually offers a lower interest rate and higher loan amount, which is why many borrowers consider it for larger financial requirements.