Loan Against Property

A Loan Against Property (LAP) allows individuals or businesses to unlock the hidden value of their owned property by using it as collateral for a loan. The property remains with the borrower while the lender holds the title deed until the loan is repaid.

This loan can be availed against both residential and commercial properties, and the funds can be used for multiple purposes such as business expansion, debt consolidation, education expenses, or medical emergencies.

The loan amount usually ranges between 50% to 80% of the property’s market value, depending on the lender’s assessment and the borrower’s profile. Interest rates are generally lower than unsecured loans since the loan is backed by an asset. Repayment tenures can extend up to 15–20 years, offering flexibility and affordability.

Key Features:

• Loan based on the market value of your property

• Competitive interest rates

• Flexible tenure options

• Continued ownership and use of the property

• Funds for personal or business needs