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8 Reasons Why LAP is a Better Choice to Fund Your Kid’s Education

Donu2019t let your finances become a bottleneck for your childu2019s education in a foreign university. You can always opt for Loan Against Property. Here are the eight solid reasons why you should consider taking LAP.

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8 Reasons Why LAP is a Better Choice to Fund Your Kid’s Education

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  1. 8 Reasons why LAP is a Better Choice to Fund Your Kid’s Education

  2. Introduction • Higher Education Is An Expensive Affair, Especially In A Foreign Country • Shelling Out Money For It Doesn't Turn Out To Be A Breeze For Everyone • In Such A Tight Situation, You Can Avail Loan Against Your Property

  3. Loan Against Property • Loan Against Property (LAP) Can Pave The Way For Your Child’s Big Dreams. • Here Are The Reasons Why You Should Consider Loan Against Property.

  4. Loans Come With Flexible Options • LAP Can Fetch You 50 To 60% Of The Value Of A Property • The Loan Amount, Therefore, Is Significantly High

  5. Attracts Lower Rate Of Interest • Laps Are Quite Flexible • Flexibility In EMIs, Leeway To Extend The Tenure, Etc., Are A Few Flexible Options For Borrowers

  6. Easy To Avail Since It Is A Secured Loan • LAP Is Ideal For You If You Want To Enjoy A Lower Rate Of Interest • A Healthy Financial History Gives You An Upper Hand On Negotiating A Better Interest Rate

  7. Longer Tenure • Property Is An Attractive Asset To Financial Institutions • Thus, Availing LAP Is Relatively Simple

  8. Faster Disbursal • Timeline Is Never A Headache With Laps • Longer Tenure Is The Brightest Side Of A LAP

  9. Better Option Than Education Loan • LAP Is Opted By Those Seeking Immediate Funds For Their Child’s Admission Owing To Its Fast Disbursal • However, All Documents Must Be In Place For That To Happen

  10. Education Loan Vs LAP • You Might Upvote LAP Over An Education Loan Once You Start The Formalities • That Is Because Education Loan Is Personal And Hence, Comes With A High-interest Rate

  11. Conclusion • These Days, You Can Also Avail LAP On Assets Such As Farmhouses, Guest Houses, Schools, Etc. • Make Sure There Is No Litigation Pending On The Property And That It Is Assured And Well-maintained

  12. Thank You !Would Love to Hear From You Hero FinCorp Limited 09, BasantLok, Vasant Vihar, New Delhi - 110057 Tel. 18001024145 Email Id: Corporate.Care@HeroFinCorp.com Website: https://www.herofincorp.com/ Know more- 8 Reasons why LAP is a better choice to fund your kid’s education

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