Loan Against Property
High-value funding at secured-loan rates, without selling your property.
- Interest Rate
- 9.5% p.a. onwards
- Loan Amount
- Up to ₹10 Cr
- LTV
- 65 – 70% of value
- Tenure
- Up to 15 years
A loan against property (LAP) lets you raise large sums at rates far below personal or business loans by mortgaging residential or commercial property you own. Funds can be used for business expansion, education, weddings or debt consolidation — while you continue to use and own the property.
Compare loan against property offers
Same application, every lender compared. We negotiate on your behalf and route your file to the bank most likely to approve it at the best rate.
Showing 3 of 3 offers, best rate highlighted.
| Lender | Rate (p.a.) | Max amount | Tenure | Processing fee | Actions |
|---|---|---|---|---|---|
HDFC Bank Best rate | 8.55% onwards8.55% – 13.50% p.a. | ₹10 Lakh – ₹10 Crore | Up to 15 years | Up to 1% of loan amount | |
Axis Bank | 9.50% onwards9.50% – 13.00% p.a. | ₹5 Lakh – ₹5 Crore | Up to 20 years | Up to 1% (min ₹10,000) | |
ICICI Bank | 10.60% onwards10.60% – 12.25% p.a. | ₹10 Lakh – ₹10 Crore | Up to 15 years | Up to 1% + GST |
Rates, fees and eligibility are indicative, vary by applicant profile and lender policy, and are confirmed at the time of sanction. Vridhee Finsol is a distributor — sanction rests solely with the bank.
Features & benefits
- Residential, commercial and industrial property accepted
- Loan up to 65–70% of market value
- Much lower rates than unsecured loans
- Overdraft (dropline) structures available
- Funds usable for any legitimate purpose
- Balance transfer with top-up available
Eligibility
- Age between 24 and 70 years
- Clear, marketable title to the property
- Stable income to service the EMI
- Credit score of 650–700+
Documents required
- Complete property chain documents and approved plan
- Latest property tax receipts
- KYC — PAN, Aadhaar
- Income proof — ITR / salary slips
- Last 6 months' bank statements
How it works
- 1
Apply online or on a call — 2 minutes
- 2
We compare offers across 8+ banks for your profile
- 3
Choose your best offer; we handle documentation
- 4
Sanction and disbursal — most files in 24–48 hours
Estimate your EMI
Monthly EMI
₹21,494
- Principal
- ₹10,00,000
- Total interest
- ₹2,89,634
- Total payable
- ₹12,89,634
Frequently asked questions
Can I keep using the property after mortgaging it?
Yes. You retain full possession and use — the bank only holds the title documents and a registered mortgage until the loan is repaid.
How is LAP different from a home loan?
A home loan funds a property purchase; LAP raises money against property you already own, usable for any purpose. LAP rates are slightly higher than home loans but far lower than personal loans.
Can a jointly-owned property be mortgaged?
Yes, but all co-owners must join as co-applicants. This often improves eligibility since co-applicant income is also considered.
How long does disbursal take?
Typically 7–12 working days, as the bank conducts legal verification and property valuation. We coordinate both to keep the file moving.