Loan Against Property
Leverage your residential or commercial real estate assets to secure high-value long-term mortgage financing.
Quick Highlights
About the Loan
A Loan Against Property (LAP) is a secured mortgage product that allows you to borrow funds by pledging your commercial or residential property as collateral. Since it is backed by real estate, it offers much lower interest rates than unsecured personal or business loans. Loan Against Property is ideal for high-value financial requirements, such as business expansion, children's overseas education, medical treatments, wedding expenses, or consolidating existing high-interest debts. At Loansta, we connect property owners with leading mortgage lenders in India. You can secure a loan of up to 60% to 75% of your property's current market value, with loan amounts ranging up to ₹15 Crores. LAP offers comfortable repayment tenures of up to 15 years, helping you keep your monthly EMIs low and manageable. Lenders evaluate the property's legal title, approved maps, structural age, and current market value along with your monthly income or business cash flows. Loansta assists you throughout the property valuation, legal documentation search, and title verification steps. Whether you own an self-occupied residence, a rented commercial shop, or an industrial warehouse, our expert advisors help you structure the loan to secure the lowest interest rates and processing fees.
Benefits of Loansta
✓Lower Interest Rates
Significantly cheaper than personal loans because it is secured by property.
✓High Loan Value
Unlock massive credit limits up to 75% of your property's value (up to ₹15 Cr).
✓Long Repayment Tenure
Repay comfortably with flexible tenure limits ranging up to 15 years.
✓Residential & Commercial
Pledge residential flats, bungalows, commercial offices, or rented shops.
✓Multi-Purpose Usage
Use funds freely for business, medical needs, travel, or debt cleanup.
✓Rented Property Support
Unlock value from commercial properties with Lease Rental Discounting (LRD).
✓Continuous Property Use
Retain ownership and continue using or renting the property during the loan.
✓Debt Consolidation
Pay off high-cost small loans using one low-cost mortgage loan.
✓Transparent Appraisals
Detailed valuation reports from certified bank technicians.
✓Expert Legal Vetting
Banks conduct thorough legal searches, ensuring clean title validation.
Features & Variants
Residential LAP
Secure funding by mortgaging self-occupied or rented residential homes.
Commercial Property Loan
Unlock liquidity from owned commercial buildings, shops, or warehouses.
Lease Rental Discounting (LRD)
Get upfront funding against future rental receipts from corporate tenants.
Eligibility Criteria
- Age: 21 to 65 years (70 years for self-employed at maturity)
- Nationality: Resident Indian or NRI (selected lenders)
- Employment: Salaried with 3+ years of experience, or self-employed with 3+ years of tax-compliant business operations
- Income: Minimum net salary of ₹30,000 monthly or annual business income (ITR) of ₹3.5 Lakhs
- Requirements: Legally clear, marketable property title with approved structural maps and clearance certificates.
Required Documents
- PAN Card and Aadhaar Card (KYC)
- Proof of Address (Utility bill, Passport, Registered lease)
- Last 6 months' Bank Account Statement showing income credits
- Salary Slips (3 months) and Form 16 (Salaried)
- Last 3 years' audited ITR with CA-certified financials (Self-Employed)
- Original Property Title Deed, Parent deeds, Approved municipal plan, and latest tax receipt
Interest Rate Comparison
| Bank Name | Interest Rate | Processing Fee | Max Tenure |
|---|---|---|---|
| SBI LAP | 9.25% - 10.50% | 0.50% of loan amount | Up to 15 Years |
| HDFC LAP | 9.30% - 11.25% | Up to 1.0% | Up to 15 Years |
| ICICI LAP | 9.35% - 11.50% | 0.50% or ₹5,000 | Up to 15 Years |
| Axis Bank LAP | 9.45% - 12.00% | Up to 1.0% | Up to 15 Years |
Plan Your EMI Smartly
See your monthly EMI before you apply — adjust amount, rate and tenure.
Principal vs Interest
- Principal (77.5%)₹15,00,000
- Interest (22.5%)₹4,34,451
Year-wise Repayment
- Outstanding balance
- Paid-down area
How to Apply
Choose Loan
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Fill Form
Submit basic inputs
Upload Docs
Share digital KYC
Verification
Bank reviews files
Approval
Get sanction letter
Disbursement
Money in account
Customer Testimonials
Vikram Jeet
Chandigarh"Pledged my commercial shop and secured a ₹1.5 Crore business expansion loan. Very smooth process."
Sunita Reddy
Hyderabad"Loansta compared rates across 4 banks and got us the lowest mortgage rate for our residential flat."
Devendra Patil
Pune"Doorstep service was highly professional. They handled all property search certificates."
Meenakshi Sharma
Noida"Lease Rental Discounting (LRD) program helped unlock liquidity from my warehouse tenant."
Rajiv Malhotra
Delhi"Got a high loan-to-value ratio. Transparent processing fees and helpful mortgage executives."
Anil Goel
Gurugram"Best platform to compare mortgage rates. Saved a lot on processing charges."
Frequently Asked Questions
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