LAP ( Loan Agianst Property)

LAP ( Loan Against Property) Service Providers

Business To Heights is the major LAP ( Loan Against Property) Service Providers in Delhi. A LAP is a loan given by financial institutions to borrowers against their property, which could be in the form of a house, apartment, commercial space, or even a parcel of land. The loan is generally sanctioned as a percentage of the current market value of the property, typically ranging between 50% to 75%, depending on factors like property type, location, and the borrower's financial profile.

We are the Personalized LAP ( Loan Against Property) Service Providers in New Delhi. A loan against property is considered one of those financially congenial borrowing options, owing to the host of benefits that come along with it in helping you meet some substantial financial needs without bearing the heavy cost of credit like in unsecured loans. First and foremost, LAP enables you to borrow a considerable amount of money compared to any other loan type, simply on account of the security of your property. This makes it perfect for funding needs such as business expansion, higher education, weddings, medical emergencies, or debt consolidation. Since LAP offers lower interest rates and longer tenures, it considerably reduces your EMI burden and allows you to manage your repayment comfortably over a sustained period of time. Unlike personal loans, where the amounts are limited and the interest rates are higher, LAP provides the twin benefits of substantial funding and affordable costs. Because you still remain the owner of your property, you will not only unlock vital funds but also continue to grow your asset value in the background.

Choose us for all the needs of your LAP ( Loan Against Property) Service Providers in India. For business needs, LAP will provide the required liquidity to grab any opportunity it the purchase of equipment, augmentation of working capital, or refinancing high-cost debts. As a person, this would mean your personal priorities-like the purchase of a second home or funding your child's education abroad-are not compromised because of a shortage of funds. Quite literally, LAP becomes an all-inclusive financial strategy for varied aims without denting your long-term financial security.

A loan against Property (LAP) or mortgage loan is a secured loan offered by banks and NBFCs against self-occupied / rented residential, commercial, or industrial property owned by the applicants.

The amount, which is availed by keeping the property as collateral till the loan is fully repaid, can be used by the borrower for various purposes like expanding a business, funding children’s education, meeting medical expenses, and more.

The applicant can avail of a maximum loan amount of up to 85% of the property market value.  The LAP is one of the best low-cost products to avail quick long-term funding from banks to meet all personal and business needs.

Features and Benefits of Loan against Property

Best product for high amounts and for a longer-term

Suitable for Salaried and self-employed

The maximum term available is 15 years

This loan can be availed against self-occupied / rented residential properties, such as a house, apartment, or flat, and commercial properties like an office building, malls, shopping complexes, or shops.