Discrediting 7 Myths About Loan Against Property
Discovering the Truth Discrediting 7 Myths About Loan Against Property
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Discovering the Truth: Discrediting 7 Myths About Loan Against Property

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Welcome to Shubhashish Homes’ informative guide on “Busting 8 Common Myths About Loan Against Property.” In this blog, we aim to shed light on misconceptions surrounding property loans, empowering you with accurate knowledge for smarter financial choices.

Myth #1: Loan Against Property is Risky

Reality: Contrary to popular belief, a Loan Against Property (LAP) is a secured loan. By using your property as collateral, you access lower interest rates, making it a safer borrowing option.

Myth #2: You Lose Ownership of Your Property

Reality: With LAP, you retain property ownership. It’s a lien on your property, allowing you to use it while repaying the loan. This keeps your investments intact.

Myth #3: LAP Interest Rates Are Sky-High

Reality: Shubhashish Homes provides competitive interest rates for LAP, often lower than unsecured loans. Plus, the interest paid may be tax-deductible, making it a smart financial move.

Myth #4: Long Approval Process

Reality: We understand the value of your time. Our streamlined processes ensure quick LAP approvals, enabling you to meet your financial needs promptly.

Myth #5: Difficult Eligibility Criteria

Reality: Our LAP eligibility criteria are flexible. We consider various factors, making it accessible to a broader range of applicants.

Myth #6: Risk of Losing the Property

Reality: Responsible borrowing ensures that your property is safe. Defaulting on payments is the only risk, but Shubhashish Homes offers expert guidance to avoid this.

Myth #7: LAP is Only for Emergencies

Reality: LAP is versatile. Whether it’s expanding your business, funding your child’s education, or any other financial goal, LAP can be your solution.


In conclusion, Shubhashish Homes wants you to make informed financial decisions. Loan Against Property, contrary to myths, is a viable option for various needs. We offer accessible, secure, and affordable LAP solutions tailored to your requirements.

Don’t let misconceptions hold you back. Contact Shubhashish Homes today and take advantage of the benefits of Loan Against Property.

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