Leverage Your Property for Large Finance

Loan Against Property (LAP)

A Loan Against Property (LAP) is a secured loan where you mortgage your property as collateral to avail high-value funds at lower interest rates compared to unsecured loans. The property remains in your possession and use throughout the loan tenure.

LAP is ideal for entrepreneurs, business owners, and individuals who require large amounts — typically ₹25 Lakhs to ₹5 Crore — for business expansion, debt consolidation, or large personal needs.

What Can LAP Be Used For?

• Business expansion or working capital
• Purchasing commercial property or equipment
• Funding children's higher education abroad
• Medical treatment or healthcare costs
• Debt consolidation and refinancing
• Real estate construction or renovation
• Any large personal or business requirement

Eligible Property Types

• Residential property (owned, freehold)
• Commercial property (shop, office, warehouse)
• Industrial property
• Agricultural land (select cases)
• Plot with approved construction plan

Key Features

• Loan up to ₹5 Crore based on property value
• Extended tenure up to 180 months (15 years)
• Property LTV: up to 70% of market value
• Lower interest rates vs. unsecured loans
• Overdraft facility available
• Balance transfer from existing high-interest LAP

Documents Required

• PAN Card and Aadhaar Card of all applicants
• Property title deeds and chain documents
• Latest encumbrance certificate (EC)
• Last 12 months bank statements
• ITR / audited financials for last 2 years
• Approved building plan (if applicable)