Loan Against Property (LAP)

Leverage the value of your property to secure substantial funds for your business or personal needs. Get competitive interest rates with flexible repayment options.

Secured Loan

Loan Against Property is a secured loan where your residential or commercial property serves as collateral. This security allows us to offer higher loan amounts and better interest rates.

Higher Loan Amount

Access substantial loan amounts based on the market value of your property.

Competitive Rates

Lower interest rates compared to unsecured loans due to property collateral.

Flexible Tenure

Choose repayment tenure that suits your financial capacity, typically up to several years.

Property Security

Your property remains with you; we only hold it as security until loan repayment.

How Loan Against Property Works

Property Valuation

We assess the market value of your property (residential or commercial) through professional valuation to determine the eligible loan amount.

Documentation

Submit required documents including property papers, identity proof, income documents, and other necessary paperwork for loan processing.

Loan Approval

Based on property valuation, your eligibility, and documentation, we approve a loan amount typically up to a percentage of the property's market value.

Legal Formalities

Complete necessary legal formalities including property mortgage registration as per applicable laws and regulations.

Loan Disbursement

Receive the approved loan amount in your account, which can be used for business expansion, personal needs, or any other legitimate purpose.

Repayment

Repay the loan through EMIs (Equated Monthly Installments) as per the agreed schedule. Upon full repayment, the property mortgage is released.

Key Benefits

✓Access to substantial loan amounts based on property value
✓Lower interest rates compared to unsecured personal loans
✓Flexible repayment tenure to suit your financial capacity
✓No restrictions on end-use of funds (business or personal)
✓Continue to use your property while it serves as collateral
✓Tax benefits on interest payments (subject to applicable tax laws)