📊 Quick Overview
Interest Rate9.00% – 14.00% p.a.
Loan AmountUp to ₹10 Crore
TenureUp to 20 Years
Processing Fee0.50% – 1.5%
Processing Time48–72 Hours
Approval Rate98%
📖 About Mortgage Loan (LAP)
A Loan Against Property (LAP) allows you to leverage your residential or commercial property to secure a large loan amount at lower interest rates compared to unsecured loans. Ideal for business expansion, education, medical emergencies, or debt consolidation.
9.00%
Starting Rate
Up to ₹10 Crore
Loan Amount
Up to 20 Years
Max Tenure
✅ Eligibility Criteria
Property owner (residential/commercial)
Age: 25–70 years
Stable income source
Property free of legal disputes
LTV ratio up to 60–70% of property value
CIBIL Score: 600+ preferred
📄 Required Documents
- Identity & Address Proof
- Income documents (ITR/Salary slips)
- Property title deed
- Encumbrance certificate
- Property tax receipts
- Bank statements (12 months)
- Photographs of property
🌟 Benefits of Mortgage Loan (LAP)
- Large loan amounts against property
- Lower rates than personal loans
- Continue using your property
- Long repayment tenure
- Multipurpose end-use
- Balance transfer available
🔄 Step-by-Step Process
1
Property Assessment
We assess your property value through empanelled valuers.
2
Eligibility Check
We determine your loan eligibility based on income and property value.
3
Application Submission
Loan application submitted to best-suited lender.
4
Legal & Technical Check
Bank conducts legal verification and technical valuation.
5
Loan Sanctioned
Receive sanction letter with loan amount and terms.
6
Disbursement
Loan credited to your account within 7–10 working days.