About mortgage Loan (LAP)

Mortgage loan or loan against property means the borrower takes a loan which is secured against his current residential or commercial property. The benefit of mortgage loan is that it considers the market value of the property as on date. As such, the borrower can get higher amounts of loan. The loan money can be used to meet financials requirements of any kind.

Individuals apply for LAP for a variety of reasons. Some of the common ones are your childs wedding, loans for new business ventures, second homes, vacations, medical treatment just to name a few.Banks will always want to consider all risks, which is why while you are applying for your loan against property,

there are certain factors the bank considers with respect to your property to mitigate its risks in giving out the loan.These factors determine your rate of interest, and loan amount. You can get a LAP of up to 80% of the registered value of your property depending on the Bank’s policy and the property type and valuation.

The value of the property would be determined through a valuation conducted by the Loan Provider.

Apply for loan

Get financing for whatever you need now

Loan against property is highly preferred form of loans in India, and have much more easily available. These loan are very cost-effective and available for longer term, We help you selecting the best possible option at discounted rates with minimum fees and charges.Find the perfect Loan Against Property for all your needs.

Loan against residential property

(LAP) is mainly a loan disbursed against the mortgage of your property. It is given as a certain percentage of the residential property’s market value which is usually around 60 to 80%*.

Loan against commercial property

Loan against commercial property is mainly a loan disbursed against the mortgage of your property. It is given as a certain percentage of the commercial property’s market value which is usually around 50 to 70%.

Lease rental discounting (LRD)

(LRD) is a term loan offered against rental receipts derived from lease contracts with corporate tenants. The loan is provided to the lesser based on the discounted value of the rentals and the underlying property value. It is given at a certain percentage of the residential or commercial property’s market value which is usually around 50 to 70%.

Loan against NA land

Loan against NA land property is mainly a loan disbursed against the mortgage of your NA land property. It is given at a certain percentage of the market value which is usually around 40 to 60%. NA land funding is provided only to those lands which has fencing.

Get financing for whatever you need now

Enquire Now

Features of Moratgage Loan (LAP)

All loans are not created equal, personal loan has become a great option for people to use.

Salaried & Self Employed

Salaried & Self Employed both are eligible for Mortgage loan (LAP).Your age should not be more than 70 years at the time of loan maturity.

Loan For property (LAP)

Loans against property fully constructed, freehold residential and commercial properties for Business Needs,Marriage, medical expenses and other personal needs,Transferring your outstanding loan availed from another Bank / Financial Institution

Why use us for Mortgage Loan requirements?

Live your dreams with a Loan Against Property! This multi-purpose loan puts funds at your disposal to use as you wish. What’s more, this loan is available at a reasonable rate and can be repaid comfortably as you wish.

How To Apply For Loan Against Property

Compare and Apply,Hand over your documents to our representative.
After submitting all the required documents, get sanction in working 3 days.

Mortgage Loan (LAP) - Eligibility

Any salaried, self-employed or professional, Public and Private limited companies, Government sector employees including Public Sector is eligible for a mortgage loan (LAP).


Your age should not be more than 70 years if you are a salaried employee and not more than 75 years if you are a self-employed professional/ non-professional, at the time of loan maturity.


Minimum Net Monthly Income: Rs 25,000

Credit Rating

Applicant should have the bank specified credit score.

Frequently Ask Questions

If you have a question that deals with clients, customers or the public in general, there is bound to be a need for the FAQ page.

The loan against property can be pre-paid along with the pre-payment charges. Usually the bank charges 2% of the principal pre-paid but there is the opportunity to repay a loan against property early and you don’t have to pay early settlement charges if payment is made through personal savings.

Some financial institutions make LAP available only under the floating rate. Fixed rate loans are off limits. Borrowers need to enquire before finalising a LAP from lending institutions. It is normally available for residential properties only, but can be available for commercial property also.

Some Property owners choose to release some value from their home by switching mortgages. For example, if your property was worth Rs.3.50cr but your mortgage was at Rs. 1.20cr which is about 34% of property value. You may increase loan amount upto 50% to 75% of the property market price and amount can be used to pay off high interest loans, working capital, property renovation and business expention. You may also save money by transferring a existing Loan against property to a lower interest rate.

The repayment of loan is done through Equated Monthly Instalments. It can be paid through Post Dated Cheques (PDC) or Electronic Clearance System (ECS).

Apply now

Now apply for a mortgage loan (LAP), All you need to do is provide your details in below application form.

Mobile2 # (Format: 98XXXXXXXX) No spaces, No dashes, No hyphens