Loan Against Property Services in Delhi

What is Loan Against Property?

A Loan Against Property (LAP) is a secured loan where you pledge your residential, commercial, or industrial property as collateral to obtain funds. Since it is a secured loan, lenders offer higher loan amounts and lower interest rates compared to personal loans.

Whether you need funds for business expansion, education, medical emergencies, or debt consolidation, LAP provides a cost-effective solution. You continue to retain ownership of your property while using the funds to meet your financial goals.

Key Features

Lower Interest Rates
High Loan Amount (Up to 70% of Value)
Long Tenure (Up to 15 Years)
Multipurpose Usage
Balance Transfer Facility

Our Services

Property Valuation Assistance
Lender Negotiation
Documentation Support
Application Tracking
Quick Disbursal Support

Eligibility & Requirements

Simple criteria to unlock your property's value.

Property Documents

Title Deeds (Registry)
Approved Building Plan
Latest Property Tax Receipt
Occupancy Certificate
Chain Documents

Personal/Business Docs

KYC (PAN/Aadhaar)
ITR (Last 3 Years)
Bank Statements (6 Months)
Salary Slips (Salaried)
Business Proof (Self-Employed)

Why Choose LAP?

Cheaper than Personal Loans
Longer Repayment Time
Retain Asset Ownership
High Funding Eligibility
Easy Top-up Loans

Frequently Asked Questions

Common queries about Home Loans & Mortgages.

How much Home Loan amount am I eligible for?

Your eligibility depends on your monthly income, current age, credit score (CIBIL), and existing liabilities. generally, banks offer a loan amount where the EMI does not exceed 50-60% of your net monthly income.

What tax benefits can I avail on a Home Loan?

You can claim deductions under Section 80C (up to ₹1.5 Lakh on principal repayment) and Section 24(b) (up to ₹2 Lakh on interest payment) of the Income Tax Act. Additional benefits may apply for first-time homebuyers under specific schemes.

What is the difference between Fixed and Floating interest rates?

A Fixed Rate remains constant throughout the loan tenure, providing EMI stability. A Floating Rate changes based on the RBI's repo rate and market conditions, which means your EMI may increase or decrease over time.

What property documents are required for the loan?

You typically need the Agreement to Sale, Title Deed (Chain of documents), Approved Building Plan, Occupancy Certificate (OC), and property tax receipts. Our team assists in verifying these documents legally.

Can I transfer my existing home loan to another bank?

Yes, this is called a Balance Transfer. If another bank offers a lower interest rate, you can transfer the outstanding balance to them to reduce your EMI burden. We help calculate the savings to see if it's beneficial.