Loan Against Property

Loan against property is another name of mortgage loan and is available for both salaried and self-employed borrowers to help them fulfil their business and personal needs by mortgaging their property. The amount, which is availed by keeping the property as collateral can be used by the borrower for various purposes like expanding a business, funding children’s education, meeting medical expenses, and more.
The availability of higher loan amount and the flexibility to use the amount for various purposes make LAP a better option compared to other kinds of loans that exist in the financial sector. Anyone who is the member of Breem Small Bharat Gramin Vikas Nidhi Limited and owns Residential / Commercial property can apply for Loan Against Property (LAP).