Mortgage Loan

A Mortgage Loan, also called a Loan Against Property (LAP), is a secured loan where a residential, commercial, or industrial property is pledged as collateral. It enables borrowers to access substantial funds at lower interest rates compared to unsecured loans.

Key Features:

• High Loan Value – Based on the market value of the pledged property

• Flexible Tenure – Typically 5–20 years for repayment

• Lower Interest Rates – Compared to personal loans due to collateral security

• Ownership Retained – Borrower continues to use the property while repaying the loan

• Purpose Flexibility – Can be used for business expansion, education, medical needs, or personal requirements

Who Can Apply:

• Business owners seeking capital for expansion or working capital

• Individuals needing funds for personal goals or emergencies

• Professionals requiring long-term financial support

A Mortgage Loan is ideal for borrowers seeking large funds for business or personal purposes while leveraging the value of their property without selling it.