Loan against Property


A loan against property (LAP) is exactly what the name implies — a loan given or disbursed against the mortgage of property. The loan is given as a certain percentage of the property’s market value, usually around 40 per cent to 75 per cent.

Loan against Property can be taken for following purposes:

  • Business Expansion
  • For Working Capital for any Company
  • Getting your son/daughter married
  • Sending your son/daughter for higher studies abroad
  • Funding medical treatments
  • Lease rental Discounting – where you will get funding on the bases in rental credited to your bank

Kind of Properties we are dealing with:

  • Self-Occupied residential Property(SORP)
  • Self-Occupied Commercial and Industrial Property(SOCP)
  • Vacant Residential/Commercial/Industrial Property
  • Rented Residential/Commercial/Industrial Property
  • Against Vacant Plot
  • Mixed Land Use