InvestorQ : What can Loan Against Property (LAP) be used for?
Ashoka Patkar made post

What can Loan Against Property (LAP) be used for?

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Swapnil Sarang answered.
3 years ago
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Loan Against Property (LAP), as the name suggests, is a loan a borrower can get against a property. This property can be either residential or commercial.

Any loan against a property (LAP) can be used for both personal and business purposes.

You can, in fact, use LAP for anything other than activities that involve speculation or are non-prohibitive in nature.

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