What is the repayment tenure for a Loan Against Property?
The repayment tenure depends on the loan terms, applicant profile, and applicable Lendingkart criteria. The tenure will be communicated during the loan process.
How is the EMI for a Loan Against Property calculated?
The EMI depends on the loan amount, applicable interest rate, and repayment tenure. You can use a LAP loan calculator to estimate your monthly repayment.
What is the interest rate for a Loan Against Property?
The applicable LAP interest rate depends on factors such as the applicant’s profile, property, loan amount, repayment capacity, and applicable lending criteria.