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Loan Against Property

 

A Loan Against Property (LAP) is a type of secured loan where a borrower uses their property as collateral to secure a loan from a bank. The property is usually a residential or commercial property and the loan amount is usually a percentage of the property's market value. The borrower retains ownership of the property while the lender holds a charge on it until the loan is fully repaid. LAP is commonly used for personal or business purposes


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Location: Chennai, Tamil Nadu, India

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