Property Loans Up to ₹10.50 Crores
Get high-value loans against your property with lowest interest rates starting from 8%. Quick approval in 72 hours, minimal documentation, and flexible repayment options. Compare rates from 50+ banks and NBFCs.
What is a Loan Against Property?
A Loan Against Property (LAP) is a secured loan where you pledge your residential or commercial property as collateral to get funds for business or personal needs. It's one of the most cost-effective ways to access large amounts of credit.
Since the loan is secured against your property, lenders offer higher loan amounts at lower interest rates compared to unsecured loans. You retain ownership of your property while using its value to meet your financial requirements.
Quick Facts
Key Features & Benefits
Discover the advantages of choosing our loan against property for your financial needs
Manage your urgent financial needs with a sizeable loan amount sanctioned based on your mortgaged property
Affordable interest rates starting from 8% to 20% (fixed or floating rate of interest) p.a.
Get money in your bank account within 72 hours of approval & subject to receipt of all documents
Repay your loan amount conveniently with a repayment tenure ranging up to 15 years
No end-use restrictions - use for emergency, wedding expenses, higher education or business expansion
No foreclosure/part-prepayment charges for individual borrowers on floating interest rates
Link your loan to external benchmark such as Repo Rate and benefit during favourable market trends
Multiple End-Use Options
Use your property loan for various financial needs with no restrictions
Expand your business operations and increase working capital
Fund education expenses for yourself or family members
Cover unexpected medical expenses and treatments
Finance wedding celebrations and related expenses
Renovate or improve your existing property
Consolidate multiple high-interest debts into one
Eligibility Criteria & Documents Required
Check if you meet our eligibility criteria and prepare the required documents
- Nationality: Indian citizen residing in India with property in operational city
- Age: Minimum 25 years (18 years for non-financial property owners)
- Maximum age: 85 years (including non-financial property owners)
- CIBIL Score: 700 or higher is ideal for loan approval
- Occupation: Salaried, self-employed professionals, and non-professionals eligible
Identity Proof
- Aadhaar Card
- Passport
- Voter ID
- Driving License
- PAN Card
Income Proof
- Salary slips (last 3 months)
- Bank statements (last 6 months)
- Form 16 / ITR
- Employment certificate
Eligible Property Types
We accept various types of properties as collateral for your loan
Self-occupied or rented residential properties
Office spaces, shops, warehouses
Manufacturing units, industrial plots
Residential or commercial plots
How to Apply for Loan Against Property
Simple step-by-step process to get your property loan approved
Apply Online
Click 'APPLY' button and enter your 10-digit mobile number with OTP verification
Fill Application
Complete form with personal details, employment/business details, and property information
Choose Loan Details
Enter required loan amount and choose from three loan variants - Flexi term, Flexi hybrid, or Term loan
Select Tenure
Choose repayment tenure from 12 months to 180 months and proceed with application
Documentation
Submit required documents for verification and property valuation
Approval & Disbursal
Get loan approval and funds disbursed to your account within 72 hours
Our representative will guide you on the next steps
Our Loan Variants
Choose the loan variant that best suits your financial needs
Allows flexibility in borrowing and repaying within a specified loan limit. Interest-only EMI during initial tenure.
Flexibility
Most flexible - withdraw and repay multiple times
Withdrawals
Unrestricted access with multiple withdrawals
EMIs
Interest-only EMIs for initial tenure
Part-prepayment
No part-prepayment charges
Flexi Facility
Nominal Flexi Facility charges applicable
Offers flexibility in borrowing and repaying within specified limit. EMIs cover principal and interest.
Flexibility
More flexible than regular term loan
Withdrawals
Multiple withdrawals from approved limit
EMIs
Fixed EMIs only on withdrawn amount
Part-prepayment
No part-prepayment charges
Flexi Facility
Nominal Flexi Facility charges applicable
Fixed amount for specified term. Repayments through regular EMIs comprising principal and interest.
Flexibility
Fixed loan structure and repayment schedule
Withdrawals
Single disbursement of loan amount
EMIs
Fixed EMIs on disbursed amount
Part-prepayment
Nominal part-prepayment charges applicable
Flexi Facility
No Flexi charges
Applicable Fees and Charges
Transparent pricing with no hidden charges
| Types of Fees | Applicable Charges |
|---|---|
| Rate of Interest | 8% to 20% per annum (floating rate) |
| Processing Fee | Up to 3.54% of loan amount (inclusive of taxes) |
| Documentation Charges | Up to ₹2,360 (inclusive of taxes) |
| Mortgage Origination Fee | Up to ₹6,000 per property (inclusive of taxes) |
| Bounce Charges | ₹1,500 per bounce |
| Penal Charges | 36% per annum on delayed payments |
| Stamp Duty | As per respective state laws |
*Terms and conditions apply. All charges are inclusive of applicable taxes.
Frequently Asked Questions
Get answers to common questions about property loans
Any salaried or self-employed individual can apply for a Loan Against Property as long as you meet our eligibility criteria. Your age, employment status, and city of residence are key criteria.
If you are a salaried or self-employed Indian citizen residing in India, between 25-85 years of age, you are eligible. Other factors like income profile and CIBIL Score are also considered.
Loan amount depends on your profile, repayment capacity, property's market valuation, and lender's loan-to-value ratio. You can get up to ₹10.50 crores based on these factors.
You can repay the loan amount conveniently with a repayment tenure of up to 15 years, giving you flexibility in managing your EMIs.
A CIBIL Score of 700 or higher is preferable to get a loan against property. Higher scores increase your chances of approval at better interest rates.
Yes, there are no end-use restrictions. You can use the loan for business expansion, education, medical emergencies, wedding expenses, or any other legitimate purpose.
Residential properties, commercial properties, industrial properties, and plots/land are eligible. The property should have clear title and proper documentation.
For individual borrowers with floating interest rates and non-business purposes, there are no foreclosure or part-prepayment charges. Terms may vary for other cases.
Ready to Unlock Your Property's Value?
Get high-value loans against your property at competitive interest rates starting from 8% p.a.