loanagainstproperty

What is a loan against property? ●        A loan against property, also known as a mortgage loan or a collateral loan is a type of loan where a borrower uses their owned property as collateral to secure the amount of money they borrow. ●        The collateral property can be residential or commercial, such as a house, apartment, land, office space, or shop. When you opt for a loan against property, the lender has the right to take possession of the property. What is the difference between a loan against property and personal loan? Loan Against Property as the name says is a loan stumped up against the collateral in the form of residential or commercial property. Collateral loan is a secured loan sanctioned against an immovable asset where the chances of getting a bigger loan is high. A personal loan (PL) on the contrary is an unsecured loan without keeping any collateral or mortgage of property as security. It ...

Business loans provide a crucial means for entrepreneurs to secure financing to support their business operations and enable growth. Traditionally, banks have been the primary source of such funding, but non-banking financial companies (NBFCs) have emerged as a viable alternative. This blog aims to examine the reasons why NBFCs are an advantageous choice for securing business loans as opposed to relying solely on banks.   NBFCs have a streamlined application process that can often result in faster approval times and disbursement of funds. This is because they are not subject to the same regulatory requirements as banks and can, therefore, offer more flexible loan terms and faster turnaround times.   5 Reasons To Choose Business Loans From NBFCs Over Banks   NBFC company in Delhi have emerged as a popular alternative to traditional banks for small and medium-sized businesses seeking loans. This is due to several factors that make them an attractive option for ...