Loans

These loans are secured against the property, meaning the property itself serves as collateral. Home loans come with long repayment tenures, often ranging from 15 to 30 years, which helps in managing monthly payments. Interest rates on home loans can be either fixed or floating, depending on your preference and financial situation. Many lenders also offer prepayment options, allowing you to pay off the loan early without incurring penalties, thus saving on interest costs.

Loan against property (LAP) is another popular option, allowing you to borrow funds by using your existing property as collateral. This type of loan is particularly useful for individuals or businesses needing substantial capital for purposes such as expanding a business or funding large expenses. The loan amount is typically determined based on the value of the property and your ability to repay. LAP offers relatively lower interest rates compared to unsecured loans and provides a significant amount of financial flexibility, given that the property is already owned.

Loan against securities is a financial tool that lets you borrow against your investments, such as stocks, bonds, or mutual funds. This type of loan allows you to access liquidity without having to sell your investments. It is ideal for individuals looking to meet short-term financial needs or leverage their investment portfolio for additional funds. Interest rates on loans against securities are usually lower than those on unsecured loans, and the flexibility of repaying the loan without liquidating your investments can be a significant advantage.