Loan Against Property

9.50% *

Rate of Interest

About Loan Against Property:

A loan against property is a solution for you. You can avail funds for your personal or business expenditures with a help of banks or Financial Institution. You can use these funds for renovating, purchasing a commercial property, new furniture, household appliances, starting a business, as a Capital for your existing business, for growing an existing business, for Holiday trip. You can raise a large loan through a loan against property with longer terms which will lead to lower EMI at a lower rate of interest. It also means that you can raise funds without selling your property and in return, you pay an interest rate lower than unsecured loans.

  • Loan against Property can be taken for following purposes:
  • Expanding your business
  • Get your child married
  • Send your child for higher studies
  • Fund your dream vacation
  • Fund Medical Treatments


  • Cheaper than Personal Loans: It works out to be much cheaper than a personal loan, which is usually issued at interest rates in the region of 11% - 21%.
  • Longer Loan Tenure: The tenure for a Loan against Property is usually longer than that for a personal loan. Generally, LAP is given for a maximum tenure of 15 years.
  • Lower EMI: Since the rate of interest is lower, many times, LAP Equated Monthly Installments (EMI) turn out to be cheaper than those under personal loans.
  • Simple documentation and Fast Approvals
  • Lowest Interest Rate
  • Service at your door step
  • Maximum Loan Eligibility
  • Easy Repayment

Documents for Loan Against Property:

  • Salaried / Individuals Documents for Salaried/Individuals
  • 1) One Photograph each of App and Co applicant.
  • 2) Copy of ID Proof / Signature Proof / Date of Birth proof: PAN Card/ Valid Passport.
  • 3) Last 3 Months salary slips.
  • 4) Last 2 years form no 16.
  • 5) Bank Statement of last six months.
  • 6) Copy of latest Address Proof
  • 7) Property Documents
  • Self-Employed Documents for Self-Employed
  • 1) One Photograph
  • 2) Copy of ID Proof / Signature Proof / Date of Birth proof: PAN Card/ Valid Passport
  • 3) Copy of latest Address Proof
  • 4) Business proof.
  • 5) Business Address Proof
  • 6) Last 2 years Income Tax Returns with Computation of Income, Balance sheet and Profit& Loss Account along with Annexure (CA certified or Audited) Individual as well as of company.
  • 7) Bank statement for last 1 year – All Accounts (Self and Business).
  • 8) Existing Loan statement or Sanction letter for all current loans.(if Any).
  • 9) Property Documents