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A Loan Against Property (LAP) allows you to unlock the value of your residential, commercial, or industrial property and obtain substantial funding for personal or business requirements. Whether you need capital for business expansion, education, medical emergencies, debt consolidation, or major investments, Finakit helps you access secured financing with attractive terms.
We work with leading banks and NBFCs to help you compare interest rates, eligible loan amount, repayment tenure, and processing charges. Our experts assist you throughout the process — from property valuation and documentation to approval and loan disbursement.
Since the loan is secured against property, lenders generally offer lower interest rates and higher loan amounts compared to unsecured loans. Borrowers also benefit from longer repayment tenures, making EMIs more manageable and affordable over time.
Access high-value funding while continuing ownership of your property.
Get substantial loan amounts based on your property valuation.
Secured loans generally offer lower interest rates than unsecured loans.
Repay comfortably with longer tenure options up to 15 years.
Use funds for business growth, education, medical needs, or personal expenses.
Basic eligibility requirements considered by banks and NBFCs for LAP approval.
Applicants are generally required to be between 21 to 65 years of age.
Salaried individuals, self-employed professionals, and business owners can apply.
Stable income and repayment capability are essential for approval and higher eligibility.
A credit score of 700+ improves approval chances and helps secure better interest rates.
The property offered as collateral should have clear legal ownership and proper documentation.
Identity proof, address proof, income proof, bank statements, and property papers are mandatory.
Keep these documents ready for faster Loan Against Property approval.
Compare LAP offers from leading banks and NBFCs to get higher loan value, lower interest rates, and flexible repayment options.
| Bank | Interest Rate | Processing Fee | Loan Amount | Tenure | Action |
|---|---|---|---|---|---|
| State Bank of India | 9.00% – 11.50% | Up to 0.35% | Up to ₹10 Crore | Up to 15 Years | |
| Bank of Baroda | 9.25% – 12.00% | Up to ₹10,000 + GST | Up to ₹7 Crore | Up to 15 Years |
| Bank | Interest Rate | Processing Fee | Loan Amount | Tenure | Action |
|---|---|---|---|---|---|
| HDFC Bank | 9.50% – 12.50% | Up to 0.50% | Up to ₹15 Crore | Up to 15 Years | |
| ICICI Bank | 9.75% – 12.75% | Up to 0.50% | Up to ₹10 Crore | Up to 15 Years |
| NBFC | Interest Rate | Processing Fee | Loan Amount | Tenure | Action |
|---|---|---|---|---|---|
| Tata Capital | 10% – 15% | Up to 2% | Up to ₹8 Crore | Up to 15 Years | |
| Bajaj Finance | 10.25% – 16% | Up to 2.5% | Up to ₹7 Crore | Up to 15 Years |
Get expert assistance from application to final disbursement with a smooth and secure LAP process.
Apply For LAPCommon questions about Loan Against Property, eligibility, valuation, repayment, and approval process.
