Apply for Loan Against Property up to Rs. 25 Crores

(Industrial – Commercial - Residential - Plots)

Loan Against Property (LAP) in India for Residential, Commercial, Industrial, Plots, Hotels, Hospitals, Warehouse, Cold Storage & other Properties

(Mortgage Loans Starting from Rs. 25 lacs to Rs. 25 crores)

Loan against property, also called as LAP loans or Mortgage loans, are one of the most sought after loans in India, especially by self employed individuals, businessmen & companies. It is a secured loan offered by banks & financial institutions against mortgage of your property. It is the best option to unlock high potential of your property to raise finance. This mortgage loan can be availed against various types of properties, each property will give different loan amount, depending upon its - type, usage & current market value. The best part of this loan is that you are not required to physically hand over the property to banker after mortgage, but you can still keep its possession. Only original documents of the property are taken in to custody by banks. However, along with type and market value of property, another factor which decides your mortgage loan eligibility, is your financial credibility to repay future EMIs. Financial loan eligibility will be based on your business income or salary income & will play important role in loan sanctions. There are many different ways to derive financial loan eligibility for businesses like Gross profit, Net Income, Bank Balance, Repayment history, Industry margin, GST Returns, Liquid income program etc.

Type of properties that can be mortgaged to avail LAP Mortgage loans :
  • Residential properties (House / Flat / Bungalow / Residential Building)
  • Commercial properties (Shop / Office / Showroom )
  • Industrial Property (Shed / Gala)
  • Open Plot (Non Agriculture)
  • Hotel / Restaurant / Resort Property
  • Hospital / Nursing Home
  • Warehouse / Cold Storage
  • School Property
  • Marriage Hall / Lawns
  • Any Other Authorised Property
Features & Advantages of Property Mortgage loans (LAP) :
  • Mortgage loan helps in effective utilisation of idle property, to raise finance.
  • These loans can be availed in form of Term loan or Overdraft.
  • Higher loan amount starting from Rs. 25 lacs to Rs. 25 crores.
  • Loan offered is 50% - 90% of prevailing market valuation of property.
  • Loan repayment tenure of 10-15 years will help to keep EMI burden low & to maintain healthy cash flow.
  • Lower interest rate will keep interest expenses low & hence lower EMIs.
  • Flexible end use of finance will ensure that funds can be utilised for multiple purposes at multiple locations.
  • Flexible end use of finance will ensure that funds can be utilised for multiple purposes at multiple locations.
  • Loan against property will help to transfer existing loan to New loan with higher repayment period, Higher loan amount with Top up, lower EMI (Refinance) on same property.
  • There are various products to derive financial loan eligibility, which will suite the nature of your business & cash flow.
  • Consolidation of many loans into one loan, is possible
  • Time required for sanction & disbursement of mortgage loan is 10-20 days.
At, it is our endeavour to fetch the best deal of loan against property for our customers. Best deal does not essentially be the deal with lowest interest rate, though it will be one of the important factors in decision making process. While availing mortgage loans, various factors which play important role are :
  • Type of loan facility (Term loan Or Overdraft)
  • Amount of loan
  • Tenure of loan repayment
  • Repayment structure & EMI amount
  • Processing charges
  • Type of mortgage (Equitable / Registered)
  • Interest rates

Our platform will help you to get best deals for Loan against property from our business partners. You can compare various options together and take well educated decision, instead of somebody else influencing your decision.

Documents Required for Loan Against Property (LAP), Lease Rental Discounting (LRD), Commercial Purchase :
  • 3 Years Audit report with financials
  • Last 12 months bank Statements
  • Existing Loan Sanctions letters & Loan Statements
  • MOA/AOA/Partnership Deed
  • KYC of Firm & Directors/Partners
  • Property Documents