Understanding Loan Against Property (LAP) and Interest Rates from NBFCs
A loan against property (LAP) is a popular financial product offered by banks and Non-Banking Financial Companies (NBFCs). It allows individuals to secure a loan by pledging their property as collateral. LAP is ideal for those seeking funds for business expansion, education, medical emergencies, or other financial needs. In this article, we’ll break down the key aspects of LAP, focusing...