Loan Against Property
Unlock the value of your residential or commercial property for business growth, education, medical needs or debt consolidation.
Apply NowLoan Amount
₹5,00,000 – ₹2,00,00,000
Tenure
Up to 15 years (180 months)
Interest Rate (APR)
11% p.a.
Processing Fee
Up to 1.5% of loan amount + GST
Loan-to-Value (LTV)
Up to 65% of property value
Disbursal Time
10–15 working days after approval
*Indicative figures. Actual interest rate, LTV and tenure depend on property valuation and credit assessment. See our Interest Rate & Fees Policy for full details.
Eligibility Criteria
- • Indian resident aged 21–65 years (at loan maturity)
- • Salaried or self-employed with stable income
- • Owns residential or commercial property with clear title
- • Credit score of 700 or above preferred
- • Valid PAN and Aadhaar
Documents Required
- • Identity Proof: PAN Card, Aadhaar Card or Passport
- • Address Proof: Aadhaar Card, utility bill or rent agreement
- • Income Proof: Salary slips (3 months) or ITR (2 years) for self-employed
- • Bank Statement: Last 6 months
- • Property Documents: Title deed, ownership proof, property tax receipts
- • Photograph: Recent passport-size photo
All documents are collected digitally during the application process — no physical paperwork or branch visit required.
What You Can Use Loan Against Property For
Business Expansion
Unlock capital from your property to grow your business.
Debt Consolidation
Combine multiple high-interest debts into a single lower-rate loan.
Higher Education
Fund your child's higher education, including studies abroad.
Medical Expenses
Cover large medical expenses using your property's value.
Wedding Expenses
Finance a large wedding budget at a lower interest rate than a personal loan.
Factors That Affect Your Loan Approval
Property Valuation & Title
A clear, marketable title and accurate valuation are essential for approval.
Income & Repayment Capacity
Stable income relative to the EMI amount improves your eligibility.
Credit History
A strong credit score helps secure a lower interest rate and higher loan amount.
Loan-to-Value Ratio
A lower LTV (higher equity in the property) generally leads to easier approval.
Representative Example
For a loan of ₹15,00,000 at an interest rate of 13% p.a. (APR) for a tenure of 120 months, with a processing fee of 1.5% + GST:
- • Monthly EMI: approx. ₹22,397
- • Total amount payable: approx. ₹26,87,593
- • Total interest + fees: approx. ₹11,87,593
This is an illustrative example only. Your actual rate, fees and EMI will depend on your credit profile and will be shared before loan acceptance. Use our EMI Calculator for a personalised estimate.
Loan Against Property FAQs
It is a secured loan where you pledge your residential or commercial property as collateral to access funds at a relatively lower interest rate than an unsecured loan.
Yes, you retain full use and possession of the property; only the title documents are held as security until the loan is repaid.
You can typically borrow up to 65% of the property's market value, subject to assessment.
Yes, a Loan Against Property can be used for business expansion, working capital, debt consolidation or personal needs.
In case of persistent default, the Company may initiate recovery proceedings on the mortgaged property as per applicable law and your loan agreement, following the RBI Fair Practice Code.