Home Loan is a secured financial product offered by banks or NBFCs to purchase, construct, renovate, or extend residential property. Typically covering 75% to 90% of the property value, these loans are repaid over long tenures via Equated Monthly Instalments (EMIs), with the property acting as collateral .Loan against property (LAP) is a secured, long-term loan where individuals or businesses pledge residential or commercial property as collateral to secure funds for personal or business needs. Lenders typically offer 50% to 70% of the property’s market value, with tenures ranging from 5 to 20 years.