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Home and property

Loan Against Property

Unlock large, low-cost capital from property you already own, without selling it.

Loans against residential, commercial or industrial property from ₹10 lakh to ₹15 crore at rates from about 8.75% p.a., with tenures up to 15 to 20 years and funding up to 70% of market value.

Rate from
8.75% p.a.
Amount
₹10 L to ₹15 Cr
Tenure
5 to 20 years
Processing fee
0.5% to 1.5% of the loan amount plus GST

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₹5,00,000

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About loan against propertys

A loan against property (LAP) is the most under-used product in Indian retail credit. Business owners borrow at 18% unsecured while a shop or flat they own could fund the same need at 9% to 11%, over a much longer tenure, with an EMI a third of the size.

The trade-off is process. LAP needs a clean title, a technical valuation and, for self-employed applicants, an income assessment that lenders approach very differently. Some go strictly by ITR; others accept banking-surrogate or GST-based programmes that recognise the real cash flows of a business. Knowing which lender runs which programme is the whole game, and it is what our desk does daily.

We handle residential, commercial, industrial and mixed-use properties, including rented ones through lease rental discounting, and we structure overdraft variants when you need flexible drawdown rather than a lump sum.

Rate note: Salaried borrowers and strong self-employed profiles with residential collateral start near 8.75% p.a.; commercial property and surrogate-income programmes price higher. Funding: Up to 70% of market value for residential property, 55% to 60% for commercial and industrial property.

Why borrowers choose it

What a loan against property through LoansPartner gets you

  • Roughly half the cost of unsecured credit

    Secured pricing from 8.75% p.a. versus 14% to 24% on business or personal loans.

  • Tenures up to 20 years

    Longer tenure means a manageable EMI even on a large amount.

  • Surrogate income programmes

    Banking, GST and rental-based assessments for businesses whose ITR does not tell the full story.

  • Overdraft option

    Draw only what you need, pay interest only on what you use.

  • Any lawful end use

    Business expansion, debt consolidation, education, medical, wedding or a second property.

  • Keep owning, keep using

    You continue to live in or rent out the property throughout the loan.

Common uses

  • Business expansion at secured rates
  • Consolidating unsecured loans and card debt
  • Funding a child's overseas education
  • Large medical or family expenses
  • Buying another property or a plot
  • Lease rental discounting on rented commercial property

Eligibility

Who qualifies

Norms vary by lender. These are the ranges across our panel; we tell you precisely where your profile fits before you apply.

Age
21 to 70 years at loan maturity
Income
Sufficient documented or assessed income to service the EMI; rental income can be counted
Credit score
700 and above; property quality can offset a slightly weaker score
Employment
Salaried individuals. Self-employed professionals and business owners with 3+ years of vintage. Companies and firms, with property owned by the entity or its promoters
Also
Property must have a clear, marketable title with approved construction
Also
All owners of the property must be co-applicants
Estimate your eligibility

Documents

What to keep ready

A complete file is the single biggest driver of a fast sanction. We collect everything digitally in one go.

Salaried
  • PAN, Aadhaar and photographs
  • Last 3 months' salary slips, 6 months' bank statement, Form 16
  • Complete chain of title documents, latest tax receipts and approved plan
  • Society NOC or share certificate where applicable
Self-employed and business
  • PAN, Aadhaar and photographs of all applicants
  • Last 3 years' ITR with financials, or GST returns for surrogate programmes
  • Last 12 months' bank statements
  • Business proof and office address proof
  • Complete property title chain, tax receipts, approved plan and occupancy certificate

How it works

Five steps, one point of contact

  1. 01

    Share property details (type, location, ownership) alongside your income profile and the amount required.

  2. 02

    We estimate eligibility on both value and income, and shortlist lenders with the best programme for your case.

  3. 03

    Title documents are reviewed; the lender's legal and technical teams verify and value the property.

  4. 04

    Sanction, Key Fact Statement and mortgage creation follow. We coordinate every signature.

  5. 05

    Disbursal to your account, or directly to lenders being closed in a consolidation.

Indicative EMIs

What the instalment looks like

Computed at the lowest rate in this product's range. Run your own numbers in the EMI calculator.

Indicative EMIs at 8.75% p.a., the lowest rate in this product’s range. Your rate depends on lender and profile.
Loan amount10 yr15 yr20 yr20 yr
10,00,00012,5339,9948,8378,837
20,00,00025,06519,98917,67417,674
50,00,00062,66349,97244,18644,186
1,00,00,0001,25,32799,94588,37188,371
2,00,00,0002,50,6541,99,8901,76,7421,76,742

FAQs

Loan Against Property questions, answered

How much loan can I get against my property?

Lenders fund 50% to 70% of the market value they assess, subject to your ability to service the EMI. A residential flat valued at ₹1.5 crore could support a loan of up to about ₹1 crore for an applicant with adequate income.

Can I take a loan against a rented commercial property?

Yes. Lease rental discounting (LRD) lends against the future rent from a registered lease with a good-quality tenant, often at a larger amount than a standard LAP because the rental income itself is counted.

What is the difference between LAP and a home loan?

A home loan funds the purchase or construction of a house and enjoys the lowest rates and tax deductions. A loan against property is taken on a property you already own, for any purpose, at a slightly higher rate and with a lower loan-to-value cap.

Can I get LAP with low or irregular income proof?

Several lenders run surrogate programmes that assess repayment capacity from bank statements, GST turnover or rental income rather than ITR alone. Rates are 1% to 2% higher than standard programmes. We will tell you where your file fits.

How long does a loan against property take?

Two to four weeks is typical, driven by legal verification of the title chain and technical valuation. A ready set of property documents shortens this considerably.

Are there prepayment charges on LAP?

For floating-rate loans to individuals, RBI directions prohibit prepayment charges. For loans to firms or companies, and for fixed-rate variants, lenders may charge 2% to 4%. We disclose this lender by lender.

Related products

Sometimes a different product is cheaper. We will say so.

Guides

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