🏢 LOAN AGAINST PROPERTY

Unlock the Value of Your Property with Smart, Structured Funding

Loan Against Property (LAP) is a secured financing solution that enables eligible property owners to raise funds by offering an eligible residential or commercial property as security to a lender.

At DIGILOANS Corporate DSA PAN INDIA, we help customers explore suitable LAP options across our network of 100+ Banks & NBFCs, with professional assistance from application to documentation and lender processing.

01 — OVERVIEW

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Turn Your Property into Financial Opportunity

A Loan Against Property allows eligible property owners to leverage the value of their property to access substantial financing.

The facility may be considered for various legitimate financial requirements, including:

  • Business expansion
  • Working capital
  • Property-related requirements
  • Education
  • Medical expenses
  • Debt consolidation
  • Major personal or business expenses
  • Other lender-permitted purposes

The actual loan amount, interest rate, tenure and LTV depend on the property valuation, applicant income, credit profile, existing obligations and lender policy.

Why LAP?

Property-backed financing • Potentially higher funding • Flexible repayment options • Multiple end-use possibilities

Features and Benefits of our Loan Against Property

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💰 Substantial Funding

Access potentially higher-value financing based on eligible property value and repayment capacity.

🏠 Property-Backed Facility

Residential and commercial properties may be considered, subject to lender norms.

📉 Competitive Pricing

Secured financing may offer competitive interest rates start 7.5% by L&T FINANCE @2026 compared with certain unsecured facilities, depending on borrower and lender.

📆 Flexible Tenure

Upto 20 years Eligible borrowers may receive suitable repayment tenures based on lender policy.

👨‍💼 Salaried & Self-Employed

Both salaried and self-employed applicants may be considered subject to eligibility criteria.

🔄 Multiple End Uses

Funds may be used for permitted personal or business requirements.

🌐 Pan India Assistance

Professional assistance for customers across India, subject to lender availability and serviceability.

🏦 Multiple Lender Options

Explore suitable financing possibilities through a network of 100+ Banks & NBFCs.

Eligibility Criteria for Loan against Property

 

Nationality: You need to be a Citizen of India with documents to prove your claim.

Occupation and Income: Your lender will require you to furnish details regarding your occupation and income to prove your professional and financial stability to determine your creditworthiness.

Credit History: Your three-digit Credit Score, indicative of your track record in respect of repayment of loans, and other forms of credit will be a deciding factor to prove your eligibility for a LAP.

Banking Relationship: Should you have a healthy relationship with your lender, you will not be disapproved for a LAP. Additionally, your lender will offer you better terms and conditions in respect of loan value, interest rates, period of the loan, hidden charges, and processing fees.

Market Value of Property: Your lender retains the right to decide the loan amount and terms and conditions of your mortgage loan based on the market value of your collateral property. Besides, the market value of the mortgaged property must be higher than the loan amount calculated on the current value of your property.

Title of Property: Your lender will require you to be the current existent owner of the property, and in case of a co-application, you will require to prove multiple ownership clear title. Besides, the property must not be mortgaged with any other financial institution.

Documentation for Loan Against Property Loan

👤 KYC Documents

  • PAN Card
  • Aadhaar Card / accepted identity proof
  • Address proof
  • Passport-size photograph

💼 Salaried Applicants

  • Latest salary slips
  • Bank statements
  • Form 16 / income-tax documents, where applicable
  • Employment-related documents, if required

🏢 Self-Employed Applicants

  • ITRs
  • Balance Sheet
  • Profit & Loss statements
  • GST returns, where applicable
  • Business proof
  • Bank statements

🏠 Property Documents

  • Sale deed / title documents
  • Previous chain documents, where applicable
  • Property tax receipts
  • Approved plan / relevant permissions
  • Existing loan/mortgage documents, if applicable
  • Other documents required for legal and technical verification

Final documentation depends on the lender, applicant profile and property.

Fees and Charges for Loan Against Property Loan

The fees and charges of property loans usually vary from lender to lender and from case to case. The aforementioned table will give you a fair idea of the fees and charges related to property loans:

Particulars
Charges
Loan Processing Fees
0.25% to 2% of Loan Amount
Loan Cancellation
Nill – 5% (according to Bank/NBFC)
Stamp Duty Charges
As per the Value of the Property and State Tax
Legal Fees
As per actual
Penal Charges
Usually 2% per month
EMI / Cheque Bounce Charges
Approx 500/-
Foreclosure
Nill to 4% (According to bank /NBFC)

Loan Against Property Reviews

⭐ Professional Guidance

“Received clear guidance about the documentation and overall loan process.”

— Business Customer

⭐ Convenient Assistance

“The team helped us understand different financing requirements and documentation.”

— Salaried Customer

⭐ Transparent Process

“Good communication throughout the application process and regular updates.”

— Self-Employed Customer

Website tip: Reviews section mein sirf real customer reviews with permission publish karein. Sample/demo testimonials ko actual customer reviews ke roop mein publish na karein.