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Home/Loans/Loan Against Property
Mortgage / Loan Against Property

Unlock Your
Property's Value

Your property is your biggest asset. Make it work for you. Get funds for any purpose at rates far lower than personal loans — secured against your residential or commercial property.

9.50% p.a. onwards  ·  Up to 70% of value  ·  15-Year Tenure
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9.50%
Rate From
70%
Max LTV
15 Yrs
Max Tenure
Any
Purpose
What Is LAP?

Lower Rate.
Any Purpose.

Loan Against Property (LAP) is a secured loan where you pledge your property as collateral to access funds at significantly lower rates than personal or business loans. The property remains yours throughout the loan tenure.

Business expansion or working capital
Children's education or marriage expenses
Medical emergency funding
Debt consolidation at lower interest rate
NRI: unlock India property value
Eligible Property Types
Residential flat, house, or villa   Residential plot (approved layout)
Commercial office, shop, or showroom   Industrial property (select lenders)
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We respond within 2 hours. No fee. No obligation.
Secure and private. Zero fee. We never share your data.
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Request Received!
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Reference: -
Documents Required

LAP Document Checklist

👤Identity Documents
Aadhaar Card + PAN Card
Age proof (passport or birth certificate)
Address proof (utility bill or rental agreement)
Passport-size photographs (2)
📈Income Documents
Last 3 months salary slips (salaried)
6 months bank statements (salary account)
2 years ITR with P&L (self-employed)
GST registration and returns
🏠Property Documents
Title deed (all chain documents)
Encumbrance Certificate (15 years)
Property tax receipts (last 3 years)
Approved building plan and occupancy certificate
Property valuation report
🌐NRI Additional (if applicable)
Valid passport and visa
NRE or NRO bank statements (6 months)
Overseas employment letter and salary slips
Power of Attorney for resident representative
FAQs

Loan Against Property Questions

How much loan can I get against my property?⌄
Typically 50 to 70% of the property's current market value (LTV). Residential properties get up to 70%, commercial 55 to 65%. The final amount also depends on your income and repayment capacity. We arrange valuation and negotiate the maximum LTV on your behalf.
Can I still live in or use the mortgaged property?⌄
Yes. The property is pledged as security but ownership and use remain entirely yours. You can continue to live in it, rent it out, or use it for business. The mortgage charge is released when the loan is fully repaid.
What is the difference between LAP and a Home Loan?⌄
A Home Loan is for purchasing or constructing a new property. A LAP is against a property you already own, and the funds can be used for any purpose. Home loans typically have lower rates and offer tax benefits under Section 24(b) and 80C. LAP rates are slightly higher but there are no restrictions on end use.
How long does LAP processing take?⌄
Typically 10 to 20 working days including property valuation and legal verification. We prepare your file correctly from day one, minimising delays. Our team coordinates with valuers, legal teams, and the bank throughout the process.
Can NRIs take a Loan Against Property in India?⌄
Yes. NRIs can take LAP on India-based properties with repayment from NRE or NRO accounts. A Power of Attorney for a resident co-applicant or representative is typically required. We are NRI LAP specialists and handle all FEMA-compliant documentation end to end.

Important Legal Notice

For your guidance and assistance only. Srikara Financial Services is an independent financial guidance and assistance platform. We help individuals understand and access loan and insurance products offered by banks, housing finance companies, and registered insurance providers. We do not lend money, we do not underwrite or issue insurance policies, and we do not make credit or underwriting decisions of any kind.

All loan sanctions, disbursals, and credit approvals are made solely by the respective financial institutions based on their own credit assessment policies. All insurance policies are issued solely by the respective registered insurance companies based on their own underwriting criteria. Approval is never guaranteed. Interest rates and premiums shown are indicative and subject to change.

No liability for financial outcomes. Srikara Financial Services and its representatives are not liable for any financial loss, claim rejection, policy lapse, loan default, or any other financial outcome arising from products accessed through our guidance. All financial decisions are the sole responsibility of the customer. We strongly recommend reading all product terms, conditions, and key information documents before making any financial commitment.

Tax information. Tax benefits mentioned are based on prevailing Income Tax Act provisions for resident Indians. Tax rules are subject to change. NRI tax treatment varies by country of residence. Please consult a qualified chartered accountant for personalised tax guidance. This website provides general information only and does not constitute legal, financial, or tax advice.