Loan Against Property Tips

Loan against Property (LAP) refers to a secured loan category somewhat like a home loan where the borrower provides guarantee by using his property as security. The right of ownership of the property is still with the borrower, and if for some reason, the borrower is unable to repay the loan amount, the property can always […]

Loan Against Property Partners

HamaraBank Loans India’s largest loan distributor has a large portfolio of partner banks and financial institutions: Loan against property (LAP), are basically loans provided by banks against the security of one’s own property. LAP is designed to meet the financial needs of someone who already owns a house or multiple properties so as to get […]

Unsecured Dropline Overdraft

Dropline overdraft is a facility granted to you where you can overdraw your current account up to an agreed limit. Overdraft is an efficient form of borrowing as you pay interest only for the time you use the money. It gives you flexibility. You can at any time deposit money into the account to reduce the […]

Loan Against Property Eligibility Criteria

Loan Against Property Eligibility Criteria Some of the Eligibility Criteria when applying for a Loan Against Property Are As Follows Income • Age (min. 21 years) • Property Valuation • Existing Liabilities (if any) • Current Work Experience • Financial Documents • Number of Dependants The eligibility for LAP is calculated on basis of either […]

Loan Against Property

What Is Loan Against Property Loan against property (LAP), are basically loans provided by banks against the security of one’s own property. LAP is designed to meet the financial needs of someone who already owns a house or multiple properties so as to get the best out of their assets. It’s important to remember that […]