Product Overview
Loan Against Property
Unlock high-value liquidity by leveraging the market value of your residential, commercial, or industrial property at lower interest rates.
Interest Rate9.00% - 13.00% p.a.
Max AmountUp to ₹15 Crores
Max Tenure5 to 20 Years
Product Benefits
Much cheaper interest rates compared to personal or business loans.
Unlocks massive funds (up to 70% of property market value).
Repay comfortably with tenures up to 20 years.
Applicable on both residential houses and commercial shops.
Eligibility Guidelines
Age: 21 Years to 65 Years.
Income: Steady salary or business profits matching proposed EMI obligations.
Credit Score: 700 or above.
Property: Must have clear legal titles, occupied or rented, and structurally sound.
Documents Required
Required Document Checklist
Aadhaar and PAN Card.
Income proof (3 salary slips or 2 years business financials).
Original property title deeds, parent deeds, approved maps.
Last 6 months bank statement showing regular transactions.
How to Apply & Processing Flow
1
Submit property type (Commercial/Residential) and estimated market value.2
Advisory team matches property parameters with banking policies.3
Assigned executive collects technical plans and property deeds.4
Direct valuation by bank surveyors, followed by loan disbursal.Product FAQ
Can I keep a rented commercial property as collateral?Yes, rented commercial shops, offices, and warehouses with lease rent discounting are eligible.
What is the LTV ratio for LAP?LTV ranges from 50% to 70% of the verified market value of the property, depending on the bank.
Not sure about borrowing limit?Use Eligibility Checker