Loan Against Property (LAP)

A secured loan where borrowers pledge their residential /commercial / industrial or any other property(other than agri property) to access funds for personal or business needs.

10. Loan Against Property
Years Industry Experience
0 +
Bank Associations
0 +
in Funding Approved
Upto 50 Cr.
Clients Served
0 +

Benefits & Features

Substantial Loan Amounts

Borrow up to 75% of the property's market value.

Flexible End-Use

Funds can be used for various purposes, including business expansion, investment in properties, education, or medical expenses.

Extended Tenure

Repayment periods up to 20 years, ensuring lower EMIs.

Competitive Interest Rates

Lower rates due to the secured nature of the loan.

Eligibility Criteria

Income

Regular income with sufficient repayment capacity.

Property Ownership

Clear title of the property to be mortgaged.

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faqs

Can I mortgage rented property?

Yes, if you own the property and have a valid rental agreement.

Are there any tax benefits?

Tax benefits are not available for personal use but may apply if funds are used for business purposes.

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