Understanding Loan Against Property vs Personal Loan: Pros, Cons, and Key Differences
Compare Loan Against Property and Personal Loans to choose the best fit for your financial needs. Loan Against Property offers lower interest rates, higher loan amounts, and longer tenures, making it ideal for large expenses like education or business expansion. On the other hand, Personal Loans are unsecured, come with quicker approvals, and are perfect for urgent or short-term needs. Assess your requirements and repayment capacity before deciding.