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.
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:-
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.