Apply for Loan Against Property
- Secured Loan
- Interest rate starting from 9.5%
- Maximum tenure up to 20 years
- Maximum loan amount up to 10 crore
- Quick approval and hassle free Processing
- Flexible repayment options
Loan Against property (LAP) is a secured loan which you can avail by mortgaging your property. Banks and financial institutions provides mortgage Loan against Property for residential, commercial property or land etc. It’s a secured loan i.e. in case of loan default; bank can take over the property and use it to recover loan dues.
However the ownership of the property stays with you throughout the whole tenure. You can normally use or rent out the property, in case of loan against commercial property. In case of joint ownership all co-owners need to be co-applicants in the loan.
Most banks follow the same general rules in terms of document requirement. There may be a few changes in certain cases, in which case, our loan officers will guide you personally to complete the documentation process. Salaried individuals.
Most banks follow the same general rules in terms of document requirement. There may be a few changes in certain cases, in which case, our loan officers will guide you personally to complete the documentation process. Salaried individuals.
Your eligibility for Home Loan is determined by the following factors:-