Loan against property(lap) in Ahmedabad


Loan against property is one of the highest loans through banks in India, C.A.P.J. Shah, top LAP Consultant in Ahmedabad says that Loan against property is a win-win situation for bank and borrower as, the borrower gives his property to a bank as collateral, and the bank provides almost 60-70% loan to the borrower.

Loan Against Property consultant in ahmedabad


As the term depicts Loan against property (LAP), is the loan that you take by keeping your property as a mortgage to the bank. Loan amount decides by the bank on a certain percentage of the market value of the property. Generally, banks decide 50-60% lend up on the value of the property. In Loan against property, the bank keeps the property as collateral so it comes in secured loan definition. In any case, if you fail to repay the loan, bank or lender has full authority to auction your property and recover the money. A borrower can find some additional benefits with his Loan against property as:-


  • Lower interest rates
  • Loan against property attracts individual, which is based on lower interest rate. Where personal loans are available on the interest rate of 15-25%, LAPs are available on 12-15% only.
  • No prepayment charges
  • Loan against property attracts individual, which is based on lower interest rate. Where personal loans are available on the interest rate of 15-25%, LAPs are available on 12-15% only.
  • Easy loan procedure
  • Loan against property is one of the appreciated secured loan banks like to proceed, Banks prefer to lend these types of loans, because of a heavy mortgage.
  • Longer tenure and lower EMI
  • Loan against property is available for longer tenure as for 15 years, while tenure of the personal loan is for up to 7 years.
  • Lower EMI
  • Longer tenure of Loan against property automatically decreases the amount of EMI. LAP is highly suitable for those who cannot afford to pay higher EMIs.

C.A. P.J. Shah and company is one stop solution for any kind of loan against property, we precede hundreds of Loan against properties every month, it is one of the favorable loans for lender as well as for borrower. C. A P.J. Shah is one of the best Loan against Property consultant in ahmedabad. He does not only provide guidelines for the loan but also proceeds for paperwork and related suggestion so that customer should get his loan as soon as possible.