Loan Against Property (LAP): Process: Overview
There are several steps in the process of getting a loan against property. The process, in a simplified form is as below:
- Application (After comparing quotes, EMI and Interest Rates)
- Processing (By checking Eligibility and other parameters)
- Documentation
- Loan sanction
- Disbursement
LAP: Eligibility Criteria
Loan Against Property: Interest Rates
Check out LAP interest rates of all possible banks to help you decide the best one for you.
LAP : E.M.I
Check out LAP EMI to decide the best tenure which suits your pocket.
Best Interest Rates
As on 13 Mar, 2010
| Product | Rate | ||
| Home Loan Fixed Rate (20 Years) | 9.25% - 14% | ||
| Home Loan Fixed Rate (20 Years) | 9.25% - 14% | ||
| Personal loan (5 years): | 12% - 35% | ||
| Small Ticket Personal loan: | 29% - 45% | ||
LAP: Process: Basics
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