LOAN AGAINST PROPERTY[LAP]

We arrange the Loan against Property for the clients who have the available property to leverage as collateral.

The LAP funding amount can be arranged in the range of Rs 5.00 Lacs to Maximum loan amount to Rs 5 crore. It can be arranged against both the Residential and Commercial Property and even Non-Agricultural Land.

  • Residential Property: up to 60% of the market value
  • Commercial Property: up to 50% of the market value

The tenure of Loan ranges upto 15 years. Repayment capacity takes into consideration factors such as income, age, qualifications, number of dependent's, spouse's income, assets, liabilities, savings history and stability, and continuity of occupation

  • Starting a new business
  • Long term working capital
  • Funding children's higher education
  • Repaying your high interest debts