Property Loans Up to ₹10.50 Crores
Get high-value loans at interest rates as low as 8%. Take advantage of flexible repayment options, easy documentation, and 72-hour approval. Examine offers from more than fifty banks and NBFCs.
How to Apply for Loan Against Property
The impact of your credit score on your financial opportunities
Apply Online
To apply, click the 'APPLY' button and enter your 10-digit mobile number
Fill Application
The form requires personal, employment, or business information
Choose Loan Details
Choose from Flexi term, Flexi hybrid, or Term loan to get the loan amount you need
Select Tenure
Apply with a repayment tenure of 12 months to 180 months
Documentation
Verify and value the property by submitting the required documents
Approval & Disbursal
Within 72 hours, your loan will be approved and the funds disbursed to your account
What is a Loan Against Property?
A Loan Against Property (LAP) is a secured loan where you pledge the equity in your residential or commercial property as collateral to obtain funds for personal or business purposes. This is also known as a property mortgage loan or home mortgage loan, depending on the type of property pledged. In comparison with unsecured loans, secured loans offer higher loan amounts at lower interest rates. You retain ownership of your property while using its value to meet your financial needs.
Property Loan Quick Facts
Key Features & Benefits
Explore the advantages of choosing our loan against property for your financial needs
Loan up to ₹10.50 crore
A large loan amount based on your mortgaged property can help you handle your urgent financial needs
Lower Interest Rates
Property Mortgage loan interest rates starting from 8% to 14% (fixed or floating) per year
Disbursal in 72 hours
Money will be deposited into your bank account within 72 hours of approval & receipt of all documents
Tenure Up to 15 Years
You can repay your loan amount conveniently over a 15-year repayment period
No Foreclosure Charges
No foreclosure charges for individual borrowers on floating interest rates
Benchmarked Rates
Take advantage of favourable market trends by linking your collateral loan interest rate to the repo rate
Multiple End-Use Options
Your property loan can be used for a variety of financial needs without restriction
Business Expansion
Increasing working capital and expanding operations
Higher Education
Contribute to your own or your family's education expenses
Medical Emergency
Provide coverage for unexpected medical expenses and treatments
Wedding Expenses
Expenses associated with wedding celebrations
Home Renovation
Improve your property by renovating or improving it
Debt Consolidation
Combine multiple high-interest debts into one
Eligibility Criteria & Documents Required
Make sure you meet our eligibility criteria and prepare the required documents
General
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
Salaried
- Minimum monthly salary: ₹25,000
- Work experience: At least 2 years
- Employment with reputed organizations preferred
- Stable employment history required
Self-Employed
- Minimum annual income: ₹3 lakhs
- Business continuity: At least 3 years
- Valid business registration documents
- Consistent income proof required
Identity & Income Proof
- Aadhaar Card
- Passport
- Voter ID
- Driving License
- PAN Card
- Salary slips (last 3 months)
- Bank statements (last 6 months)
- Form 16 / ITR
- Employment certificate
Property & Business Documents
- Property title documents
- Sale deed
- Property valuation report
- Property tax receipts
- NOC from society/builder
- Approved building plan
- Business registration certificate
- Partnership deed (if applicable)
- GST registration
- Audited financial statements
- Profit & Loss statement
Eligible Property Types
As collateral for your loan, we accept a variety of properties
Residential Property
LTV: Up to 70%
Self-occupied or rented residential properties
- Apartments
- Independent houses
- Villas
- Plots with construction
Commercial Property
LTV: Up to 65%
Office spaces, shops, warehouses
- Office buildings
- Retail shops
- Warehouses
- Commercial complexes
Industrial Property
LTV: Up to 60%
Manufacturing units, industrial plots
- Manufacturing units
- Industrial plots
- Factories
- Processing units
Plot/Land
LTV: Up to 50%
Residential or commercial plots
- Residential plots
- Commercial plots
- Agricultural land
- Development plots
Our Loan Variants
You can choose the loan variant that best suits your financial situation
Flexi Hybrid Loan
With this loan, you can borrow and repay within a specified loan limit. Initial loans come with interest-only EMIs.
Flexi Hybrid Loan
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
Flexi Term Loan
Provides flexibility in borrowing and repaying within specified limits. The EMIs cover both principal and interest.
Flexi Term Loan
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
Term Loan
Interest and principal repayments through regular EMIs. Fixed amount for specified term.
Term Loan
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
Frequently Asked Questions
Find answers to common questions about property loans
Ready to Unlock Your Property's Value?
Get high-value loans against your property at competitive interest rates starting from 8% p.a.