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Put Your Property to Work
with a Loan Against Property

Your residential or commercial property holds more value than you think. Use it as collateral to access large funds at attractive interest rates — while continuing to use the property as usual.

✓ Maximise your asset's potential✓ Competitive interest rates✓ Versatile end-use flexibility

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Check Your LAP Eligibility

Share a few details and we'll match you with the best loan against property offers available today.

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Home/Loan Against Property

How Does It Work?

1

Apply for LAP through our online portal.

2

Get approved — applications are typically approved within 3 to 4 working days.

3

Start repaying your loan according to your schedule.

Benefits of Applying for LAP

Maximise your asset's potential

Competitive interest rates

Versatile end-use flexibility

Eligibility Criteria

Applicant's Age: 21 to 65 years

Employment Status: Salaried professionals or self-employed individuals

Minimum Annual Income: At least ₹3 lakh per annum

Documents Needed for Loan Against Property

Bank Account Statements: Statements from your primary account covering the last 3 months.

KYC Documents: PAN card and Aadhaar card of all applicants and co-applicants.

Proof of Address & Identity: Voter ID, utility bill, passport, or Aadhaar confirming residence and identity.

Loan Amount

You can generally borrow up to 70% of the property's current market value, subject to a ceiling of ₹7 crore at most lenders. The actual amount depends on the lender's valuation and your overall credit profile.

Interest Rate

Interest rates vary significantly between lenders, and even between applicants with the same lender. Key determinants include your credit score, the loan tenure, income stability, the type and location of the property, and current market rates.

Loan Term

The maximum repayment tenure for a Loan Against Property is 20 years. The actual tenure offered will depend on the borrower's age, income profile, and the lender's policy. Longer tenures reduce the monthly EMI but increase overall interest outflow.

Fees

Most lenders charge a processing fee of approximately 1% of the loan amount plus applicable service tax. This is typically deducted from the disbursed amount or paid upfront, depending on the lender's process.

Application Process

To apply for a Loan Against Property, submit your application online through our website. We will review your application and contact you if any additional information is needed.

Approval Timeframe

Applications are typically approved within 3 to 4 working days with minimal documentation.

Contact Us

For more information or to get started, please visit our website or contact us directly.

📞 1800 208 0000

Loan Against Property: Features and Benefits

Following are the key features and benefits of a loan against property:

Borrow up to 70% of the property's assessed market value.
Flexible repayment terms keep monthly instalments manageable and predictable.
Repayment tenure of up to 20 years gives you ample time to plan cashflows.
Quick processing — applications are typically approved within 3 to 4 working days with minimal documentation.
Applicable on residential properties, commercial premises, and qualifying plots of land.
Interest rates starting from approximately 8.5%, considerably lower than personal loan rates.
Loan amounts ranging from ₹2 lakh up to ₹7.5 crore, depending on property valuation.
No additional collateral required beyond the property being mortgaged.
Balance transfer facility available to shift your existing LAP to a lender offering better rates.
Prepayment penalties are minimal, and may not apply at all for individual borrowers on floating-rate loans.
The property remains under your use throughout the loan tenure — only the title is mortgaged.
End-use is entirely at the borrower's discretion — business expansion, education, medical expenses, or any other purpose.

Benefits of Applying for LAP

Borrow up to 70% of the property's assessed market value.

Flexible repayment terms keep monthly instalments manageable and predictable.

Repayment tenure of up to 20 years gives you ample time to plan cashflows.

Factors That Affect Your LAP Eligibility

Your CIBIL score is one of the primary filters lenders use when assessing an LAP application. A score above 750 significantly improves your chances.

Incomplete or disputed property documents are a common reason for LAP delays. Ensure all relevant paperwork is in order.

Opting for a longer tenure reduces your monthly EMI, making it easier to qualify even if your income is moderate.

Documents Needed for Loan Against Property

Bank Account Statements: Statements from your primary account covering the last 3 months.

KYC Documents: PAN card and Aadhaar card of all applicants and co-applicants.

Proof of Address & Identity: Voter ID, utility bill, passport, or Aadhaar confirming residence and identity.

Interest Rates

Because LAP is a secured product, interest rates are considerably lower than personal loans or credit cards. Most banks and NBFCs offer LAP rates in the range of 8.5% to 16.5% per annum.

Processing Fee

Approximately 1% of the sanctioned loan amount.

Prepayment Charges

Varies by lender; typically 2.5% of outstanding principal. NIL for individual borrowers on floating-rate loans.

Contact Us

For more information or to get started, please visit our website or contact us directly.

📞 1800 208 0000

Loan Against Property Overview

A Loan Against Property (LAP) is one of the most practical ways to access large funds at relatively low interest rates. Your residential or commercial property holds more value than you think. Use it as collateral to access large funds at attractive interest rates — while continuing to use the property as usual.

A Loan Against Property is a secured credit facility extended by banks and financial institutions, where an immovable asset — your home, office, or land — is pledged as collateral. The sanctioned amount is primarily determined by the property's current market valuation, though how the funds are ultimately spent is entirely up to you.

The mortgaged property remains in your possession and use throughout the loan tenure. It is only encumbered on paper until the loan is fully repaid. Because the loan is secured, lenders can offer significantly larger amounts and lower interest rates compared to unsecured products. Repayment terms are also more flexible, with tenures stretching up to two decades.

Loan Against Property Eligibility Criteria

Meeting the eligibility requirements is essential before applying. The property must be registered in the applicant's name or in the name of a close family member who will serve as co-applicant.

CriterionRequirement
Applicant's Age21 to 65 years at the time of loan maturity
Employment StatusSalaried professionals or self-employed individuals
Minimum Annual IncomeAt least ₹3 lakh per annum
Work / Business Experience1 to 5 years of continuous employment or business operation
Minimum Credit Score750 or above strongly recommended
Maximum Repayment TenureUp to 20 years

Most Popular on CapitalBridge

🏦State Bank of India
🏦HDFC Bank
🏦ICICI Bank
🏦Axis Bank
🏦Bajaj Finserv
🏦Tata Capital
🏦LIC Housing Finance
🏦Bank of Baroda

Frequently Asked Questions

From loans to affordable interest rates, we have the answers for everything you need to know.

Documents Required for Loan Against Property

Having the following documents ready before you apply will make the process significantly faster and smoother.

Bank Account Statements: Statements from your primary account covering the last 3 months.
KYC Documents: PAN card and Aadhaar card of all applicants and co-applicants.
Proof of Address & Identity: Voter ID, utility bill, passport, or Aadhaar confirming residence and identity.
Income / Salary Proof: Recent salary slips for salaried applicants; audited P&L and ITR for self-employed.
Property Documents: Scanned copies of title deed, sale agreement, occupancy certificate, and encumbrance certificate.
Income Tax Returns: ITR filings for the last two assessment years along with acknowledgement receipts.
Form 16 (Salaried): Form 16 issued by your employer, confirming TDS details and annual income.
₹500 Value — Completely Free

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Over 5 lakh people have already checked their credit score for free through CapitalBridge. Know your score before you apply for a LAP.

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Disclaimer: CapitalBridge provides loan product information, credit score links, and third-party resources sourced from banks, NBFCs, and credit rating agencies. Users should independently verify all information before making financial decisions.