Residential LAP
Loan against self-occupied or rented residential property for diverse end-uses.
Loan Against Property
Unlock the value of your property
Use residential or commercial property as collateral for growth capital, consolidation, education or personal needs - often at rates lower than unsecured credit.
Indicative rates start from 8.49% p.a.* We also help with special property categories many lenders find complex.
Solutions
LAP features & use cases
Commercial LAP
Finance against shops, offices and commercial assets for business needs.
Special properties
Support for B-Khata, PG, industrial, hospitality and other specialised categories.
Balance transfer LAP
Transfer an existing LAP for better rate, tenure or top-up eligibility.
Top-up on LAP
Additional funds on an existing LAP when equity and eligibility allow.
Flexible end-use
Growth, education, medical, wedding or consolidation - as permitted by the lender.
Eligibility
What lenders typically look for
Clear, marketable title in the borrower's / co-owner's name
Adequate loan-to-value based on valuation
Income to service EMI (salaried or business)
Satisfactory credit and repayment history
Property within lender's approved geographies
Technical and legal clearance of the property
Rates
Indicative LAP rates
| Product | Indicative rate | Typical tenure |
|---|---|---|
| Residential LAP | From 8.49% p.a.* | Up to 15–20 years |
| Commercial LAP | From 9.25% p.a.* | Up to 12–15 years |
| Special property LAP | From 10% p.a.* | As per lender |
| LAP balance transfer | From 8.75% p.a.* | Remaining tenure |
FAQ
LAP questions
How much can I borrow against my property?
Typically a percentage of the property's valuation (LTV), subject to income eligibility. We'll estimate a realistic range after a brief review.
Can I get LAP on a rented property?
Yes, many lenders accept rented residential or commercial properties, subject to title and tenancy documentation.
What about B-Khata or special titles?
We regularly assist with special property categories. Lender appetite varies. Matching the right bank or NBFC is the key.
Is the property ownership transferred?
No. Property remains in your name; it is mortgaged as security until the loan is closed.