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

Key information about Loan Against Property (LAP).

What percentage of my property value can I get as a loan?

Generally, lenders offer Loan to Value (LTV) ratios of up to 60-75% of the property's current market value. The exact amount depends on the type of property (residential or commercial) and your repayment capacity.

Can I use the loan amount for any purpose?

Yes, a Loan Against Property is a multi-purpose loan. You can use the funds for business expansion, working capital, medical emergencies, weddings, or even education. However, it cannot be used for speculative activities.

What types of properties are accepted as collateral?

Most banks accept self-occupied residential properties, commercial properties (offices/shops), and in some cases, industrial properties or vacant residential plots. The property must have a clear title and no legal disputes.

Is the interest rate lower than a Personal Loan?

Yes, significantly. Since LAP is a secured loan (backed by collateral), interest rates are much lower compared to unsecured personal loans or business loans, making it a cost-effective borrowing option for large amounts.

What is the maximum tenure for repayment?

Loan Against Property typically offers longer repayment tenures, ranging from 10 to 15 years, and in some cases up to 20 years, depending on the lender's policy and your age at maturity.