Loan Against Property (LAP)
A Loan Against Property (LAP) is a secured mortgage loan where you pledge your residential, commercial, or industrial real estate asset to raise substantial funds for business expansion, working capital, debt consolidation, or personal life goals.
Because it is backed by tangible real estate collateral, a Property Loan offers significantly lower interest rates and longer repayment tenures (up to 15 to 20 years) compared to unsecured commercial loans.
Key Highlights of Our LAP Solutions:
- High Loan-to-Value (LTV): Up to 65% - 75% of your property's current market value.
- Eligible Property Types: Self-occupied residential homes, rented commercial offices, retail shops, warehouses, and industrial sheds.
- Flexible Term Structures: Choose between Term Loans and Overdraft (OD) / Dropline OD limits against property.
- Fast Track Sanctions: Smooth processing through top nationalized banks, private banks, and leading housing finance companies (HFCs).