Loan Against Property
Unlock the equity in your commercial or industrial property to fund business expansion.
What is a Loan Against Property?
A Loan Against Property (LAP) is a secured business loan where commercial, industrial, or residential property is mortgaged to the bank as collateral. It offers higher loan amounts and longer tenures compared to unsecured loans, at significantly lower interest rates. Commonly used for business expansion, debt consolidation, or large capital needs.
Who is Eligible?
- Self-employed individuals, proprietors, companies
- Clear title to owned commercial, industrial, or residential property
- Property in approved locations and free from legal encumbrances
- Adequate repayment capacity (DSCR ≥ 1.2)
Key Benefits
- Loan up to 60–70% of property market value
- Longer tenure — up to 15 years
- Lower interest rates than unsecured loans
- Amount from ₹25 Lakhs to ₹50 Crores+
- Use funds for any legitimate business purpose
Documents Required
Step-by-Step Process
Property Assessment
We assess the property's suitability, title clarity, and market value.
Lender Identification
We identify the lender offering the best LTV and interest rate.
Application Submission
Complete file with property and financial documents submitted.
Valuation & Legal
Bank conducts independent valuation and legal title search.
Mortgage & Disbursal
Mortgage registered; loan disbursed to your account.
Frequently Asked Questions
What is Loan Against Property (LAP)?
LAP is a secured loan where you mortgage your commercial, industrial, or residential property to the bank and borrow against its market value. Funds can be used for any legitimate business purpose — expansion, working capital, debt consolidation.
What percentage of property value can I borrow?
Typically 60–70% of the property's assessed market value (LTV — Loan to Value ratio). Commercial and industrial properties often get slightly lower LTV than residential, but LAP tickets can go up to ₹50 Crore+.
What is the interest rate on LAP?
LAP interest rates typically range from 9% to 12% p.a. — significantly lower than unsecured business loans (14–20%) because the loan is fully secured against the property.
Can I get LAP against a property that has an existing home loan?
Yes, through a top-up loan or by refinancing the existing loan with a larger LAP that covers both the old loan and additional business need. We help structure the right approach based on your outstanding balance.
Interested in a Loan Against Property?
Tell us your requirement and we will assess your eligibility in 24 hours — for free.
Apply Now +91 97146 31847