Contact Us
☰ Menu

Loan Against Property

Loan Against Property

We Are SurePath Financial Pvt Ltd

You use your property as security to get a large loan at a relatively low interest. Ideal for big expenses like business expansion, education, or medical treatment.

A loan against property (LAP) is a secured loan where you pledge your residential or commercial property as collateral to borrow money. This type of loan is useful for funding business expansion, medical emergencies, education, or other financial needs.

silder images

Eligibility criteria for Loan against properties

✅ High Loan Amount: You can borrow a substantial amount based on your property's market value.

✅Lower Interest Rates: Since it's a secured loan, interest rates are generally lower than unsecured loans.

✅ Flexible Tenure: Repayment periods can range from a few years to over a decade.

✅Continued Ownership: You retain ownership of the property while using it as collateral.

What is Loan Against Property?

Loan Against Property, also known as mortgage loan, allows consumers to raise funds by leveraging their residential, commercial or industrial properties. Banks and HFCs offer loans against property for tenures of usually up to 20 years with some lenders offering longer tenures. The loan amount can go up to 85% of the property’s market value, depending on the lender and the credit profile of the borrowers. Many lenders also offer Lease Rental Discounting (LRD) facility, which allows consumers to avail loan by pledging the rental receipts of their tenants.

Get Summary EMI

silder images

Benefits Of Loan Against Properties

We Are SurePath Financial Pvt Ltd

Interest rates lower than the rates offered on unsecured loan options

Loan proceeds can be used to cover costs related to weddings, businesses, etc.

Longer loan tenure of up to 25 years, leading to more affordable EMIs

Bigger loan amounts as banks and HFCs usually finance up to 70% of the property value

Higher chances of loan approval due to its secured nature

Overdraft facility is available, thereby, leading to lower interest cost

Consolidate multiple high-interest debts at lower interest rates

Frequently Ask Questions


Loan against property is a secured loan option wherein borrowers avail financing by mortgaging their commercial or residential property. Borrowers can use the loan proceeds for any purpose other than any speculative activities.
The eligibility for availing loan against property would primarily depend on age, property location, features, repayment capacity, credit score, occupation profile, etc.
Consumers can apply for a loan against property directly from their banks and HFCs. With many lenders facilitating online application processes, consumers can consider applying for them through lenders’ official websites, mobile apps or internet banking platforms. Alternatively, consumers can also get a housing loan through online financial marketplaces to fetch home loan offers from multiple lenders from a single platform, depending on the consumers’ credit profiles.
For most consumers, the best bank/HFC for availing loan against property would be the one that offers the lowest interest rate as it would help them save on their overall interest cost. However, other features like loan tenure, LTV ratio, processing fees, pre-payment charges (in case of fixed rate LAPs) and loan disbursal time should also be factored in while comparing various LAP options.
A LAP borrower secures a loan from a bank/NBFC/HFC by mortgaging his/her property and repaying it over the loan tenure. Just like any other secured loan, the lender would foreclose on the mortgaged property in case of loan default.
Mostly, the tenure of a loan against property goes up to 25 years. However, this may vary from one lender to another.

© Copyright 2025 by SurePath Solution Pvt Ltd. All right Reserved