LAP is commonly used for business expansion, working capital, debt consolidation, education, medical expenses, or any personal financial needs, as it provides a high loan amount at relatively low interest rates compared to unsecured loans.

State Bank of India (SBI) Home Loan is a popular housing finance product designed to help individuals purchase, construct, repair, or renovate residential properties at affordable interest rates. SBI offers home loans with flexible repayment options, low processing fees, and transparent terms, making it one of the most trusted home loan options in India.

Bank of India (BOI) Education Loan — its types, features, eligibility, pros, and important terms

Land Purchase+ Building Construction Loan-A Land Purchase + Construction Loan is a combined home-loan product that allows you to buy a residential plot and construct a house on it within a specified time. It is usually taken by people who want to design and build their own home instead of buying a ready-made one