Loan Against Property (LAP)
Unlock the value of your property and get access to funds for your business expansion, education, medical needs, or any other purpose with our Loan Against Property.
Interest Rate Starting From
8.50% p.a.
Processing Fee From
0.50%
Loan Amount Up To
₹10 Crore
Tenure Up To
20 Years
Eligibility Criteria
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Age
Applicants should be between 21 to 65 years of age.
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Income
Stable income source with minimum monthly income of ₹25,000 for salaried individuals and ₹2 lakh annual profit for self-employed/business owners.
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Property
The property should be legally clear, marketable, and free from disputes. Both residential and commercial properties are eligible.
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Credit Score
Good credit history with a minimum CIBIL score of 700 or equivalent credit score.
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Nationality
Indian citizen or Non-Resident Indian (NRI) with valid documentation.
Required Documents
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Identity Proof
Aadhaar Card, PAN Card, Passport, Voter ID Card, or Driving License.
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Address Proof
Aadhaar Card, Passport, Utility Bills (not older than 3 months), or Rental Agreement.
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Income Documents
For Salaried: Last 3 months' salary slips, Form 16, and last 6 months' bank statements. For Self-Employed/Business Owners: Last 2 years' Income Tax Returns, business registration proof, and last 6 months' bank statements.
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Property Documents
Sale deed, property tax receipts, approved building plan, NOC from society (if applicable), and chain of property title documents.
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Photographs
Recent passport-sized photographs of all applicants.
Calculate Your Housing Loan EMI
Monthly EMI
₹26,035
Total Interest
₹32,48,411
Total Amount
₹62,48,411
Ready to Unlock the Value of Your Property?
Apply for a Loan Against Property today and get the funds you need at competitive interest rates.