What is a loan against property? A loan against property is a secured loan in which the borrower pledges their residential or commercial property to a lender such as a bank or an NBFC in order to obtain a large sum of money. The funds received from a loan against property have no end use restrictions, allowing the borrower to use them for any purpose, … Continue reading Know how Property loan EMI works in a Better Way
A Loan-to-Value (LTV) ratio is one of the most important factors to consider when applying for a loan against property because the amount of money you can receive is determined by your property’s Loan-to-Value ratio. To know better you must first know about loan to value ratio in detail. A Loan-to-Value is expressed as a percentage, and it determines the loan value you are eligible … Continue reading Definition of Loan-to-Value and How to Calculate it
What is an Area Conversion Calculator? A Land Area Conversion calculator is used to convert one unit of measurement to another without the need for manual calculations or formulas. Manually converting units of measurement can be time-consuming, and the margin for error is high, resulting in incorrect results. There are numerous online conversion calculators available these days that can help you convert your required unit … Continue reading Advantages of Using Land Area Calculator in India
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