Transform Your Property into Wealth, Effortlessly
Secure the Best Loan Against Property with Lower Interest Rates!
Loan Against Property
Unlock the potential of your property with our Loan Against Property (LAP). Whether you need funds for business expansion, higher education, medical emergencies, or any other personal or professional need, LAP allows you to leverage your property’s value while retaining ownership.
Key Features and Benefits
High Loan Amounts: Avail loans up to ₹10 crore based on the property value.*
Flexible Tenure: Repayment terms ranging from 5 to 20 years to suit your financial plan.
Attractive Interest Rates: Competitive rates starting from 8.5% p.a.*
Multi-Purpose Use: Use the loan amount for any personal or business purpose.
Retain Ownership: Keep using your property while availing of the loan.
Quick Processing: Fast approval and disbursement process for urgent financial needs.
Eligibility Criteria To qualify for a Loan Against Property, you must meet the following requirements:
Age: 25 to 70 years old.
Ownership: The property must be self-owned and free of significant disputes.
Income: Stable income source from salaried or self-employed work.
Credit Score: A good credit score (700 or above) is preferred.
Required Documents Ensure a seamless application process by keeping the following documents ready:
Identity Proof: Aadhaar Card, PAN Card, Passport, or Driving License.
Address Proof: Utility bills, Passport, or Aadhaar Card.
Income Proof: Salary slips, Form 16, or ITR for self-employed individuals.
Property Documents: Title deed, valuation report, and property tax receipts.
Bank Statements: Bank statements for the last 12 months.
Photographs: Recent passport-sized photographs.
Interest Rates and Charges
Interest Rate: Starting from 8.5% p.a.*
Processing Fee: Up to 2% of the loan amount.
Late Payment Charges: 2% per month on the overdue amount.
Prepayment/Foreclosure Charges: 2-3% of the outstanding principal (terms apply).
How to Apply
Application: Fill out the online application form or visit our branch.
Document Submission: Submit the required documents for verification.
Approval: Receive approval within 5-7 business days after verification.
Disbursement: Get funds disbursed directly to your account.
Terms and conditions apply. Interest rates and charges are subject to change at the bank’s discretion.
Common Questions
Your most pressing inquiries answered.
You can avail up to ₹10 crore, depending on the property value and your eligibility.
Yes, but the loan approval and interest rate may vary depending on your credit profile.
Both residential and commercial properties are eligible, subject to valuation and documentation.
Yes, you can earn rewards by referring others to avail of our financial services.
Need assistance with other queries?
If you have more questions or need further information, feel free to reach out to our customer service team. We’re here to help you with everything you need for a seamless experience.