Loan Against Property — Unlock Your Property's Value

Use your residential or commercial property as collateral to get high-value funds for any purpose — business, education, or personal needs.

What is LAP?

Loan Against Property (LAP) is a secured loan where you mortgage your existing property — residential, commercial, or industrial — to avail a large sum of money. You continue to live in or use the property while repaying the loan.

LAP can be used for any purpose: business expansion, medical emergencies, children's education, wedding, or debt consolidation. It offers significantly lower interest rates compared to personal loans or business loans.

Key Highlights

Interest rates starting from 9.50% p.a.
Get up to 70% of property value
Loan amount up to ₹25 Crore
Repayment tenure up to 15 years
Continue using your property
Use funds for any purpose

Properties Accepted as Collateral

We work with lenders who accept a wide variety of property types.

Residential Property

Self-occupied or rented residential flats, houses, and bungalows are accepted by most lenders.

Commercial Property

Offices, shops, showrooms, and commercial complexes can be mortgaged for higher loan amounts.

Industrial Property

Factories, warehouses, and industrial sheds are eligible with select lenders who specialize in this segment.

Plot / Land

Non-agricultural plots in approved zones are accepted by select lenders at competitive LTV ratios.

Eligibility Criteria

Age: 25 to 65 years
Salaried, self-employed, or business owners
Minimum 3 years of stable income
Clear property title (no existing mortgage)
Good credit score (700+ preferred)
Property must be in an approved municipality

Documents Required

Identity & Address Proof: Aadhaar, PAN, Passport
Income Proof: Salary slips / ITR / P&L Statement
Bank Statements: Last 12 months
Property Documents: Title deed, property tax receipts
Property Valuation Report
Business vintage proof (for self-employed)

Loan Against Property — FAQs

Everything you need to know before mortgaging your property.

How much loan can I get against my property?

Generally, you can get 40% to 70% of the current market value of your property. The exact LTV ratio depends on the lender, property type, and your income profile.

Can I continue using my property after taking a LAP?

Yes. You can continue to live in, rent out, or use your property throughout the loan tenure. The lender only holds a mortgage lien — ownership and usage remain with you.

What can I use LAP funds for?

LAP funds can be used for any purpose — business expansion, working capital, children's education, medical emergencies, wedding expenses, or debt consolidation. There are no end-use restrictions.

How is LAP different from a personal loan?

LAP offers significantly lower interest rates (9.50% vs 15–24% for personal loans), higher loan amounts (up to ₹25 Crore), and longer repayment tenure (up to 15 years) — making it ideal for large funding needs.

What happens if I am unable to repay the LAP?

In case of default, the lender has the right to initiate recovery proceedings and may auction the mortgaged property after following due legal process. We strongly advise borrowing only what your cash flow can comfortably support.