A loan against property (LAP) is a secured, collateral-based mortgage that senior citizens can use to meet their needs

There are many loan instruments available in the market, but each loan product has its own distinct features and applications. So, it’s important for senior citizens to choose the appropriate loan instrument in sync with their borrowing size and repayment capacity

You may risk your lifetime effort towards getting the desired retirement life if you don’t get the right financial instruments. Do you want to know about such must-have financial products?

If you are looking for a loan against a property that you have built over a lifetime for your children or for other things in your retirement years, here are things you should keep in mind