Loan Against Property
Unlock the value of your property with a Loan Against Property (LAP). Get competitive interest rates, high loan eligibility, and quick approval from trusted banks and NBFC partners.
About Loan Against Property
A Loan Against Property (LAP) is a secured loan offered by banks and NBFCs against the mortgage of your residential, commercial, or industrial property. You retain ownership of the property while availing funds for your financial needs.
LAP can be used for a wide range of purposes including business expansion, higher education, medical emergencies, debt consolidation, or any personal financial requirement.
- Mortgage your residential, commercial, or industrial property
- Get up to 50–70% of the property’s current market value
- Continue using your property while repaying the loan
- Fund business needs, education, medical expenses, or personal requirements
- Balance transfer from another lender at a lower interest rate
Key Features
- Competitive interest rates starting from 8.5% per annum
- High loan amount — up to 50–70% of property market value
- Flexible repayment tenure up to 20–30 years
- Both residential and commercial properties accepted
- Quick loan processing and approval
- Minimal documentation with doorstep service
- Balance transfer facility available
- Tax benefits applicable on interest paid (business use)
Eligibility Criteria
- Minimum: 21 years
- Maximum: 65 years at loan maturity
- Salaried Individuals
- Self-Employed Professionals
- Business Owners
- NRIs (select lenders)
- Stable and regular income source to service EMI
- Good CIBIL credit score (typically 650 or above)
- Property must have a clear title and be dispute-free
- Property should be legally constructed with valid approvals
Required Documents
- Aadhaar Card
- PAN Card (mandatory)
- Passport / Voter ID / Driving License
- Aadhaar Card
- Utility bills (electricity, water, gas)
- Passport / Rent agreement
- Last 3–6 months salary slips
- Last 6 months bank statement (salary a/c)
- Form 16 / ITR (last 2 years)
- ITR + computation (last 2–3 years)
- GST registration / Shop Act / Business proof
- P&L + Balance Sheet (CA certified)
- Bank statements (last 6–12 months)
- Last 6–12 months bank statement
- Existing loan details (if any)
- Passport size photographs
- Loan application form
- Processing fee cheque
🏡 Property Documents (Very Important)
Property documents are the most critical part of LAP processing. The bank or NBFC conducts thorough legal and technical verification of the property before sanctioning the loan.
- Original Sale Deed / Title Deed (Registered)
- Property chain documents (last 10–15 years)
- Latest Property Tax receipts
- Approved Building Plan
- Occupancy Certificate (OC) / Completion Certificate (CC)
- Society NOC (if applicable)
• Property must have a clear title and be completely dispute-free
• Bank usually provides ~50–70% of property value as loan (LTV ratio)
• A good CIBIL score significantly improves approval chances and interest rate
• All documents must be originals — photocopies alone are not accepted
Download Property Documents
The following property-related documents can be accessed from official government portals. Select a document type and choose your city to visit the respective portal.
Access registered Sale Deed / Title Deed and Property Chain Documents (last 10–15 years) from the official registration portal of your city.
Access previous ownership and chain documents (last 10–15 years) to verify clear title from the sub-registrar office portal.
Download the latest property tax receipt from your city’s municipal authority portal.
Access and verify the approved building plan from the municipal / development authority portal of your city.
Download Occupancy Certificate (OC) or Completion Certificate (CC) from the respective municipal / authority portal.
Society NOC is issued by your Housing Society / RWA. Contact your society secretary or management directly. For RERA registered societies, check the state RERA portal.
LAP Loan Process
- 1Fill the Online Application Form with your personal, financial, and property details.
- 2Submit Required Documents — KYC, income proof, bank statements, and property documents.
- 3Loan Eligibility Check — lender assesses income, credit score, existing obligations, and repayment capacity.
- 4Property Legal & Technical Verification — legal title check, valuation, and technical inspection of the property.
- 5Loan Approval — sanction letter issued with loan amount, interest rate, and repayment tenure.
- 6Loan Disbursement — funds transferred to your bank account as per the sanction terms.
Why Choose Us
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