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Personal Loan Vs Loan Against Property

Personal Loan Vs Loan Against Property

Tuesday, December 20, 2016, 6:50 PM

Personal loan is often called emergency loan. You do not need to give any reason for availing a personal loan. No collateral needs to be pledged, to avail a personal loan. In loan against property you can pledge your property with the bank and avail a loan against it. This is a secured loan. This loan charges a lesser interest than the personal loan.
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