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Why Loan Against Property is your best bet

Your property is one of your biggest assets. Property prices hardly ever go down drastically and one of the main advantages of owning property is that you can avail of a loan against property in your time of need. People can take loan against property to invest in their businesses, to provide for their children’s education or fulfil any other financial needs. Loan against property is preferred by many because this way you can get a higher loan amount with the benefit of lower EMI. Mortgage loan interest rates are also low and they also have longer repayment options. This is because when you have a property listed as collateral your loan provider has greater assurance and hence they are willing to give you a higher amount as loan. Your loan amount cannot be higher than the value o... Read more