Necessity of money in our life is very important. So whenever we have a crisis of money then we go for a bank and bank suggests us to take loan. There are so many different types of loans are available but the popular loans are the Personal Loan vs Loan Against Property.
Sometimes people get confused between these two loans that what would he/she will avail to get the maximum benefits. So let’s see what is the main difference between Personal Loan And Loan Against Property.
Table of Contents
What is Personal Loan :
Eventually Personal Loans are the type of loan in which one can cover his/her personal expenses. In Personal Loan you can borrow money to use for a variety of purposes. It is a type of unsecured loan(the borrower does not have to pledge any security to obtain the loan.
Purpose to take Personal Loan :
Emergency expenses
Buying electronic gadgets
Wedding expenses
Vacation costs
Home renovation
Paying credit card bills
Eligibility Criteria :
Eligibility criteria will vary from bank to bank. But the common factors are:
1.His/her age
2.Income of individual
3.Employees of private limited companies, public sector
undertakings, including central, state and local bodies.
What is Loan Against Property :
As the name implies, a Loan Against Property is a loan given against property. The property can be either Industrial(Factorise, Warehouse), Commecial(Shops, Malls, Buildings) or Residential(Flats, Home).
Purpose to take LAP :
Loan Against Property can be taken for the following purposes:
1. To expand your business
2. For higher studies in abroad
3. For marriage
4. For funding your dream vacation
Eligibility Criteria :
Eligibility criteria will vary from bank to bank. But the common factors are:
1. His/her age
2. Income of individual
3. Value of property
4. Repayment track records for other loans, credit cards etc.
Personal Loan VS Loan Against Property :
1. Interest rate :
The rate of interest is the main key of information when you are availing for loan. Personal Loan is offered at the interest rate of 11% to 17.50% whereas Loan Against Property is offered at the interest rate of 8.95 to 9.80%.
2. Equated Monthly Installments(EMIs) :
As per the logic, if the interest rate is high, then EMI to be paid will also increase. Eventually we can say that the Personal loan EMIs are much higher than the Loan Against Property.
3. Loan Amount :
Since Loan Against Property is the secured loan, so you can get a higher loan amount generally upto 65% to 70% value of the property. But the Personal Loan is the unsecured loan, so you can get a limited amount of loan amount which depends on your income and repaying capability.
4. Loan Tenure :
In Loan Against Property, the loan tenure is longer than the Personal Loan. You can repay the loan amount over the period of 5 to 15 years depending upon your age, income etc. However in case of Personal Loan, you can repay your loan
amount over the period of 5 years.
5. Loan Processing :
In the processing of loan, Personal Loan get easily processed as the documentation is less here as compare to Loan Against Property. In Personal Loan bankers need to evaluate only your income and credit score. However, in Loan Against Property, the approval time is longer due to procedures of property document verification.
6. Extra Charges :
In Loan Against Property, processing fee charged is upto 1.5% of the loan amount but in case of Personal Loan processing fee charged is upto 2.5% of the loan amount.
|
Personal Loan |
Loan Against Property |
|
In Personal loan, an individual can take loan for personal use without any security. |
In Loan Against Property, an individual can take loan by mortgaging the property. |
|
Rate Of Interest : 11% to 17.50% |
Rate Of Interest : 8.95 to 9.80% |
|
Here, rate of interest is high, so Equated Monthly Installments (EMIs) are also high. |
However here rate of interest is low, so Equated Monthly Installments (EMIs) are low. |
|
In Personal Loan, the maximum loan amount is determined by the individual income. |
In Loan Against Property, the maximum loan amount is determined by the maximum value of the property. |
|
Here, maximum loan tenure is up to 5 years. |
Here, maximum loan tenure is up to 15 years. |
|
Personal loan get easily processed as the documentation is less here. |
In Loan Against Property ,the approval time is longer due to lengthy procedures of property document verification. |
|
It is a type of unsecured loan. |
It is a type of secured loan. |
|
For Personal loan, fee charged by the bank is high (up to 2.5% of the loan amount). |
For Loan Against Property, fee charged by the bank is low (up to 1.5% of the loan amount). |
Which Loan should you take?
Both loans have their pros and cons, So it depends on your emergency and needs. If you want to get the loan urgently then you can go for Personal Loan. But if you want low interest rate, high amount loan, longer tenure then you can go for Loan Against Property.
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.
I am extremely impressed along with your writing abilities and also with the layout to your weblog.
Is this a paid subject or did you customize it yourself?
Either way stay up the nice quality writing, it’s uncommon to see a
great blog like this one nowadays..
Soma July 4, 2012 at 8:24 pm Reply I wish I had read this many years ago… but I am thankful that Drs are now becoming more aware.
Prevention is better than cure for ED. Click this link is 20 mg prednisone a high dose for dogs , always review costs prior to a purchase
Brain and spinal cord tumors are named based on the type of cell they formed in and where the tumor first formed in the CNS.
On the other hand unsaturated fats good fats like MUFA and PUFA are found in oils that are liquid at room temperature eg: olive oil, ricebran oil, etc.
Treat ED now. More details and recommendations at goodrx lyrica to effectively treat your condition
Language: English ASIN: B011HI0G7K Text-to-Speech: Enabled amznJQ.
Repeat the enema until you get clear fluids, take KELP and other SEAWEEDS to replenish minerals that you are missing AND drink plenty of homemade juices before and after a flush, or plenty of fresh JUICY fruits to replace minerals.
Using the internet, you can find a glucophage bestellen to get the best value possible
For individuals treated with insulin or insulin secretagogues, provide self-management education for treatment and prevention of hypoglycemia, acute illnesses, and exercise-related blood glucose problems.
What to look for: Increased self-medication through pain relievers, alcohol, or abuse of prescription meds , increased complaints that don’t seem to fit any kind of pattern, increased doctor visits or refusal to see a doctor despite obvious complaints.
Make the maximum savings when buying ampicillin generation Online pharmaci
SSRIs and antipsychotics are often given.
Hi, i think that i saw you visited my weblog so i came to return the favor.I am trying to find things to improve my website!I suppose its ok to use some of your ideas!!
Hi, after reading this remarkable piece of writing i am also glad to share my knowledge here with friends.
At Fixngotx Expert Garage Door Repair, we are dedicated to delivering top-notch fixngotx expert garage door repair services with unmatched expertise. Our skilled technicians specialize in repairs, installations, and maintenance, ensuring your garage door operates smoothly and reliably. Whether you’re dealing with a malfunctioning opener, broken springs, or off-track doors, we provide swift and effective solutions tailored to your needs.
With years of experience and a commitment to customer satisfaction, we handle every job with precision and care. Our transparent pricing and prompt service make us the preferred choice for homeowners seeking dependable garage door solutions. Trust Fixngotx for all your garage door needs and experience the difference of professional, reliable service. Contact us today and let our experts ensure your garage door performs flawlessly!
Tell any doctor who is prescribing medications for you that you are taking warfarin.
There are ways to doxycycline and pregnancy are advantages of internet shopping.
Hearing this news about Beneful makes me sick!
Almost all areas with internet access will also have a basic first aid centre nearby.
Deals for does lisinopril make you pee for details.
Drug detox kits are available for a wide range of prices and based on any number of different philosophies.
Patients suffering from idiopathic hemochromatosis exhibit low plasma levels of testosterone with loss of libido and potency.
you need an effective treatment option, you should definitely i took flagyl while pregnant . Purchase orders now!
It is possible to pass the virus on during periods of asymptomatic shedding but for most people the risk is low.
Your site visitors, especially me appreciate the time and effort you have spent to put this information together. Here is my website 94N for something more enlightening posts about Cosmetic Treatment.
Avoid tight clothes and belts.
Choose a pharmacy with good customer service to cephalexin pill is more convenient
It is most easily seen if the client is asked to look up or over to the side as far as possible.
Structural changes in the vagina or cervix do not usually cause problems with the use of other forms of contraception, such as diaphragms, female condoms, or spermicides.
Can I buy nolvadex only pct s online can be both safe and risky.
If you dont want to go thru another abortion you can be put into a mother foster home thing.
National Institute of Allergy and Infectious Disease6610 Rockledge Drive, MSC 6612Bethesda, MD 20892-6612301-496-5717www3.
Get the facts on all medicines when you keflex capsule supplied by a trusted pharmacy at low pricesАвторский
Here’s an excellent case study from a doctor who is a Type 1 diabetic and saved himself from an early death from diabetes: Dr.
The treatment you can buy for facial cold sores is not suitable for genital herpes.
Are there any places where neurontin max dose for less is to compare online prices from pharmacies
Hire the right pro at the right price.
Request your next appointment through MyChart!
It’s more convenient to sildenafil viagra now from online pharmacies if you’d like incredible offers
Please be sure to open and click your first newsletter so we can confirm your subscription.
Let alone, not have diagnosed the actual health issue.
for the drugs you need and get a low price of sildenafil prescription online , check bargain deals available online..
Also, try to avoid secondhand smoke.
Профессиональный сервисный центр по ремонту бытовой техники с выездом на дом.
Мы предлагаем: сервисные центры в москве
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!
Is this adrenal tumor a genetic problem?
Big savings on retail prices available here for your lasix pill picture affordably to treat your condition
This is because virtually anything can potentially cause an allergic reaction.
Some women it takes a full week from missed period to get a faint line.
Does taking lexapro sweating . It’s good for ED too!
Today I ran the bag of sh t back to walmart and they gave me a full return CASH!
In scientific terms, this mode of replication classifies HIV as a retrovirus, hence “antiretroviral” drugs.
High quality service and low prices for stromectol for humans at a cheaper price?
The FDA has approved Lucentis for macular edema and additional treatment options include Avastin and Eylea.
Let me know if you have a few minutes to chat about it.
One of the best ways to biaxin zithromax at discounted prices from online pharmacies to begin treatment
In the US, there are over 120 000 people using pumps and this is also growing in people with type 2 diabetes.
But when the symptoms grew worse he visited his GP, who suspected tonsillitis and prescribed a course of antibiotics.
Some is amoxicillin an antibiotic do I need a prescription?
If not adequately treated, HSV eye infections can lead to scarring and a permanent decrease in vision, so follow up with an ophthalmologist is essential.
Diseases and ConditionsDiabetesPrint Sections BasicsDefinitionSymptomsCausesRisk factorsComplicationsPreparing for your appointmentTests and diagnosisTreatments and drugsLifestyle and home remediesAlternative medicineCoping and supportPreventionCare at Mayo ClinicWhy choose Mayo ClinicAppointmentsClinical trialsResearchIn-DepthExpert AnswersExpert BlogMultimediaResourcesNews From Mayo Clinic Products and services Free E-newsletter Subscribe to Housecall Our general interest e-newsletter keeps you up to date on a wide variety of health topics.
No men loves being impotent. Go to will bactrim treat a sinus infection . Get one now!
A donor egg can be used to create an embryo, which is then put into the uterus womb of the woman with Turner syndrome.
NHL : Tired and skin kept breaking out.
Finding safe stromectol is 24/7.
A hernia occurs when an organ inside the body protrudes through an incomplete closure or weakness in another part of the body.
Symptoms vary depending on the severity of the anemia and how rapidly it develops.
Bookmark this portal for buying where to buy ivermectin cream . Get your ED treatment now!
This is called “biloma”.
This approach will be most suitable for low stage T1-2, N0, M0 , low grade prostate cancers.
offers received from pharmacies to get low prices when you ivermectin pills human pills you need to comparison shop.
They show that the expression of estrogen and progestin receptor was less frequent in uterine sarcoma compared with leiomyoma.
Профессиональный сервисный центр по ремонту фототехники в Москве.
Мы предлагаем: надежный сервис ремонта фотовспышек
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!
Подробнее на сайте сервисного центра remont-vspyshek-realm.ru
Профессиональный сервисный центр по ремонту компьютероной техники в Москве.
Мы предлагаем: качественный ремонт компьютеров
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!
Профессиональный сервисный центр по ремонту фото техники от зеркальных до цифровых фотоаппаратов.
Мы предлагаем: срочный ремонт проектора
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!
So I was about 10 days late for my period I thought I was pregnant because I was getting abdomen mild cramp pains especially in the evenings, not sure why.
For great prices, ivermectin 4 pills side-by-side on this site
In many cases, hypertension seems to develop with age.
An overheated pet should be considered an emergency.
Poor health can affect your life, but you can ivermectin over the counter uk do not require a prescription.
For example, there is a high aggregation of fibromyalgia in families.
Профессиональный сервисный центр по ремонту компьютерных блоков питания в Москве.
Мы предлагаем: ремонт блоков питания
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!
Друзья, если планируете обновить ванную комнату, советую обратить внимание на один интернет-магазин раковин и ванн. У них действительно большой ассортимент товаров от ведущих производителей. Можно найти всё: от простых моделей до эксклюзивных дизайнерских решений.
Я искал умывальник в ванную купить, и они предложили несколько вариантов по хорошей цене. Качество продукции на высоком уровне, всё сертифицировано. Порадовало и то, что они предлагают профессиональные консультации и услуги по установке. Доставка была быстрой, всё пришло в целости и сохранности. Отличный магазин с хорошим сервисом!
Хочу поделиться своим опытом ремонта телефона в этом сервисном центре. Остался очень доволен качеством работы и скоростью обслуживания. Если ищете надёжное место для ремонта, обратитесь сюда: где ремонт телефонов.
ремонт бытовой техники в самаре
<a href=”https://remont-kondicionerov-wik.ru”>сервисный центр кондиционеров</a>
Профессиональный сервисный центр по ремонту компьютероной техники в Москве.
Мы предлагаем: ремонт компьютеров на дому в москве
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!
The aim is to learn from acting differently and observing reactions.
Look no further for the most effective treatment and how to buy viagra in pharmacy after comparing multiple offers
Help get rid of canker sores You can consume the pomegranate membrane in order to help get rid of canker sores or other mouth ulcers.
Common Symptoms Follow the links below for more information about each symptom commonly associated with pancreatic cancer.
Stay home, shop your drugs online and enjoy a low price of preferred plus pharmacy ibuprofen do not require a prescription.
Headaches are also a symptom typically associated with high blood pressure only in extreme instances.
Профессиональный сервисный центр по ремонту камер видео наблюдения по Москве.
Мы предлагаем: сервисные центры ремонту камер в москве
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!
Профессиональный сервисный центр по ремонту бытовой техники с выездом на дом.
Мы предлагаем: ремонт бытовой техники в нижнем новгороде
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!
Muito obrigado por compartilhar seu conhecimento conosco de forma tão clara e acessível.
Профессиональный сервисный центр по ремонту бытовой техники с выездом на дом.
Мы предлагаем: ремонт крупногабаритной техники в перми
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!
Если вы искали где отремонтировать сломаную технику, обратите внимание – профи ремонт
Профессиональный сервисный центр по ремонту парогенераторов в Москве.
Мы предлагаем: профессиональный ремонт парогенераторов
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!
Если вы искали где отремонтировать сломаную технику, обратите внимание – профи услуги
The patient’s reason for presenting to the clinician is usually referred to as the “Chief Complaint.
The price of tadalafil peptide and save more money
The majority of people in our groups now choose not to use medications and to concentrate solely on CBT.
Click here to visit the PTSD News LadderYou can help the VMMA right now by registering with this website and choosing to officially endorse the VMMA.
You can get lower rates when you tadalafil max dose including from online pharmacies
Find an allergy specialist who understands your commitment to living with your pet.
Если вы искали где отремонтировать сломаную технику, обратите внимание – ремонт бытовой техники в уфе
ремонт кондиционеров москва
Профессиональный сервисный центр по ремонту бытовой техники с выездом на дом.
Мы предлагаем:сервис центры бытовой техники ростов на дону
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!
Epigastric hernia occurs when small layers of fat push through the belly wall between your breast bone and your navel.
Should I worry about buying cheap sildenafil .Place them now!
The relative lack of longitudinal studies of clinical outcomes in GAD, and the small number of placebo-controlled relapse prevention studies lead to uncertainty about the optimal duration of treatment after a satisfactory initial response.
Experts recommend that a person diagnosed with MCI be re-evaluated every six months to determine if symptoms are staying the same, improving or growing worse.
If a pharmacy offers how many mg of sildenafil should i take concerning ED management kit. Free shipping now!
Archives April 2015 March 2015 February 2015 January 2015 December 2014 November 2014 October 2014 September 2014 August 2014 July 2014 June 2014 Copyright 2014 — All Rights Reserved.
Сервисный центр предлагает починка посудомоечных машин kuppersberg выездной ремонт посудомоечных машин kuppersberg
сервисный центре предлагает ремонт телевизоров в сервисном центре в москве – ремонт телевизора москва
Show More Treatment for rectal cancer may include surgery, radiation therapy or chemotherapy, or a combination of these approaches.
Instead of inconvenient traveling, cvs tadalafil coupon on the grounds that it is economical and powerful
The American Academy of Orthopaedic Surgeons AAOS believes that physician and patient joint decision making leads to the best surgical outcomes.
In this article we hope to familiarize you with the canine flu so you can better protect your pets and any animals in your care.
Achieve health benefits each time you buy tadalafil drug interactions for quick resolutions on erection problems.
Blood pressure is the amount of force exerted against the walls of the arteries as blood flows through them – if a person has high blood pressure it means that the walls of the arteries are receiving too much pressure repeatedly – the pressure needs to be chronically elevated for a diagnosis of hypertension to be confirmed.
Профессиональный сервисный центр по ремонту компьютеров и ноутбуков в Москве.
Мы предлагаем: ремонт macbook pro 16
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!
Если вы искали где отремонтировать сломаную технику, обратите внимание – ремонт цифровой техники воронеж
Профессиональный сервисный центр по ремонту кондиционеров в Москве.
Мы предлагаем: сервис центр кондиционеров
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!
Профессиональный сервисный центр по ремонту моноблоков в Москве.
Мы предлагаем: моноблок москва
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!
Профессиональный сервисный центр по ремонту гироскутеров в Москве.
Мы предлагаем: посмотреть состояние аккумулятора
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!
Профессиональный сервисный центр по ремонту бытовой техники с выездом на дом.
Мы предлагаем: сервис центры бытовой техники тюмень
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!
Oxaliplatin Eloxatin : For the treatment of advanced colorectal cancer, oxaliplatin is usually given together with 5-FU and leucovorin known as the FOLFOX regimen or with capecitabine known as the CapeOX regimen as a first- or second-line treatment.
prices can be found when you use online pharmacies to vardenafil 20mg online help increase my blood flow?
Saving Just a moment, please.
Congenital infection with which of the following should be included in the differential diagnosis?
Know more about ED at vardenafil 10mg/ml pills online.
By the way, if you get a positive result on a glucose-screening test, it doesn’t necessarily mean that you have gestational diabetes.
Top of Page What should people to do if they determine they have Stachybotrys chartarum Stachybotrys atra in their buildings or homes?
When you shop online for an effective treatment, you want to tadalafil vs sildenafil dosage it is necessary to take precautions.
There is also no evidence to support more than mild upper airway allergic effects of SBS and mold exposure.
Test yourself with the Rocket Spanish testing tools!
Extravagant offers at tadalafil cialis 5mg . Check what best for you.
If the culture is positive, you’ll be treated with oral antibiotics that are safe to take during pregnancy.
Профессиональный сервисный центр по ремонту планшетов в том числе Apple iPad.
Мы предлагаем: сервис по ремонту ipad
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!
Профессиональный сервисный центр по ремонту посудомоечных машин с выездом на дом в Москве.
Мы предлагаем: диагностика посудомоечной машины цена
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!
Профессиональный сервисный центр по ремонту МФУ в Москве.
Мы предлагаем: ремонт мфу цены
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!
Профессиональный сервисный центр по ремонту принтеров в Москве.
Мы предлагаем: сервисный центр принтеров
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!
Профессиональный сервисный центр по ремонту плоттеров в Москве.
Мы предлагаем: ремонт плоттеров с гарантией
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!
Сервисный центр предлагает качественый ремонт телефонов tcl ремонт телефонов tcl в москве
Профессиональный сервисный центр по ремонту бытовой техники с выездом на дом.
Мы предлагаем:сервисные центры по ремонту техники в уфе
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!
Профессиональный сервисный центр по ремонту серверов в Москве.
Мы предлагаем: срочный ремонт сервера
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!
Профессиональный сервисный центр по ремонту объективов в Москве.
Мы предлагаем: ремонт объектива фотоаппарата
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!