LAP is a sensible route to take if you have some immediate fund requirement. The only condition is that the property you are pledging to the bank must have a clear title (in your name), the ownership is non-disputed and it must not be pre-mortgaged to another bank.
(1)Fund For Business Expansion.
(2)Fund For Running Business Successfully & Smoothly.
(3)Purchasing New Properties.
(4)DOD,OD or CC For Running The Business.
(5)Transferring Your Outstanding Mortgage Loan From Another Bank To
Reduce The EMI & Interest Rates.
(6)Adding Space, Making More Rooms, Doing Changes, Renovation.
(7)Top up Loans.
(8)For Salaried Minimum Salary of 12,000 Per Month & For Self
Employed With a Minimum Income of 2.5 Lakhs Per Annum.
(9)No Hidden Charges.
(11)Expert's Help For Right Decision.