Business finance
Mortgage Loan / Loan Against Property (LAP)
Raise a large, long-tenure loan by mortgaging residential, commercial or industrial property. Because the loan is secured, pricing is far lower than unsecured business finance and the ticket size can be several crores.
- Interest rate
- 9.25% – 15% p.a.
- Loan amount
- ₹10 Lakh – ₹15 Crore
- Tenure
- Up to 20 years
- Processing fee
- 0.5% – 2% of loan amount
Features
What the loan against property gives you
- Loan of 50-75% of the market value of the property
- Residential, commercial, industrial and rented properties accepted
- Dropline overdraft variant so you pay interest only on usage
- No end-use restriction other than speculative activity
- Existing loans on the property can be taken over and topped up
Eligibility
Who qualifies
- Owner of a clear-title, self-occupied or rented property
- Salaried, self-employed professional or business entity
- Age 21 to 70 years at maturity
- Documented income supporting the proposed EMI, or rental income where applicable
- Property free of litigation, with regularised construction
Documents
Checklist to keep ready
KYC
- • PAN
- • Aadhaar
- • Photographs
Income
- • 3 years ITR with computation
- • Audited financials for business entities
- • 12 months bank statements
- • Salary slips where applicable
Property
- • Complete chain of title deeds
- • Approved plan and occupancy certificate
- • Latest tax paid receipt
- • Society NOC or share certificate
Calculator
Estimate your EMI and eligibility
Indicative figures only. Your final rate depends on the lender's assessment of your credit profile, income and, for secured loans, the property.
Monthly EMI
₹81,746
- Principal
- ₹75,00,000
- Total interest
- ₹72,14,337
- Total payable
- ₹1,47,14,337
Your personalised explanation will appear here. Indicative only — final approval depends on the lender.
Want the full picture?
Read our written eligibility guide — how FOIR at 80% of income works, credit score bands, and eligibility checklists for all 13 loan products.
Read the Eligibility GuideFAQs
Loan Against Property questions
Related loan services
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