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Home/Loan Against Property (LAP)

Loan Against Property (LAP)

Unlock the Value of Your Property — Multi-Purpose Secured Loan

General Banking Guidance— category overview. Certified product facts appear in each product card below.

14 products· 14 banks

Home/Products/Loan Against Property (LAP)

Loan Against Property (LAP)

Unlock the Value of Your Property — Multi-Purpose Secured Loan

General Banking Guidance— category overview. Certified product facts appear in each product card below.

What is this?

A Loan Against Property (LAP) is a secured loan where you mortgage your existing residential or commercial property to get funds for any personal or business purpose — without selling the property.

Available Variants

Residential Property LAP

Commercial Property LAP

Industrial Property LAP

Balance Transfer LAP

Overdraft Against Property

Key Benefits

Lower interest rates than personal/business loans (9.5%–12.5%)

Higher loan amounts — up to ₹5–10 Crore

Longer tenure — up to 15–20 years

Funds for any purpose (business, education, medical, etc.)

Property remains in your use during loan

Balance transfer facility

Eligibility Criteria

Salaried & self-employed; age 18–70; property must be owned and clear title; residential / commercial / industrial property accepted; CIBIL 650+; income documentation required.

Who Should Choose This?

Business owners needing large working capital
Self-employed professionals (doctors, CAs, architects)
Anyone needing funds without a specific purpose restriction

Need help choosing?

Our advisors coordinate with banks for exclusive rates not available publicly.

Data verified from: Official bank websites — verified April 2026

ProductsBank-wise Products

14 products across 14 banks

Jana Small Finance Bank

Jana Loan Against Property

LAP

Loan Against Property

Interest Rate

9.50% – 19% p.a.

Interest Type

floating

Processing Fee

Up to 2.00% of sanctioned pool

Loan Amount

from ₹5,00,000 | up to ₹50,00,000

Yes Bank

Yes Bank Loan Against Property

Standard

Loan Against Property

Interest Rate

8.85% – 13.50% p.a.

Interest Type

floating

Processing Fee

Up to 1.5% + GST

Loan Amount

from ₹10,00,000 | up to ₹35,00,00,000

Federal Bank

Federal Bank Loan Against Property

Standard

Loan Against Property

Interest Rate

9.50% – 13% p.a.

Interest Type

floating

Processing Fee

0.50% (Min ₹10k, Max ₹50k)

Loan Amount

from ₹10,00,000 | up to ₹3,00,00,000

IDFC FIRST Bank

IDFC FIRST Bank Loan Against Property

Residential LAP

Loan Against Property

Interest Rate

9% – 14.50% p.a.

Interest Type

floating

Processing Fee

1% + GST

Loan Amount

from ₹10,00,000 | up to ₹7,50,00,000

Kotak Mahindra Bank

Kotak Mahindra Bank Loan Against Property

Residential LAP

Loan Against Property

Interest Rate

9.50% – 13% p.a.

Interest Type

floating

Processing Fee

1% + GST

Loan Amount

from ₹10,00,000 | up to ₹10,00,00,000

Axis Bank

Axis Bank Loan Against Property

Residential LAP

Loan Against Property

Interest Rate

9.90% – 14% p.a.

Interest Type

floating

Processing Fee

1% + GST

Loan Amount

from ₹10,00,000 | up to ₹5,00,00,000

State Bank of India

SBI Mortgage Loan

Residential LAP

Loan Against Property

Interest Rate

9.75% – 12% p.a.

Interest Type

fixed

Processing Fee

0.50% + GST

Loan Amount

up to ₹5,00,00,000

ICICI Bank

ICICI Bank LAP Commercial

Commercial

Loan Against Property

Interest Rate

10.50% – 12.25% p.a.

Processing Fee

1.50% of loan amount + GST

Loan Amount

up to ₹1,00,00,00,000

Eligibility

Age 21-65 years. Commercial property owner. Business vintage 3+ years. Minimum annual income ₹10 lakhs. CIBIL 700+.

DCB Bank

DCB Loan Against Property

Standard LAP

Loan Against Property

Interest Rate

10.50% – 13.50% p.a.

Interest Type

floating

Processing Fee

Up to 2% + documentation charges

Eligibility

Self-employed traders, manufacturers, SMEs. Property as collateral. Tier 2/3 cities supported. Min business vintage 1 year.

Ujjivan Small Finance Bank

Ujjivan Home Equity LAP

Home Equity (LAP)

Loan Against Property

Interest Rate

9.50% – 18% p.a.

Interest Type

floating

Processing Fee

1.5% of loan amount + GST

Loan Amount

from ₹2,00,000 | up to ₹75,00,000

Equitas Small Finance Bank

Equitas Loan Against Property

Hybrid LAP

Loan Against Property

Interest Rate

11.50% – 17% p.a.

Interest Type

floating

Processing Fee

Up to 2.00% of loan amount + GST

Loan Amount

from ₹10,00,000 | up to ₹3,00,00,000

AU Small Finance Bank

AU Loan Against Property

LAP

Loan Against Property

Interest Rate

11% – 18% p.a.

Interest Type

floating

Processing Fee

1.00% to 2.00% of limit

Loan Amount

from ₹5,00,000 | up to ₹5,00,00,000

RBL Bank

RBL Bank Loan Against Property

Residential

Loan Against Property

Interest Rate

8.50% – 13% p.a.

Interest Type

floating

Processing Fee

0.50% to 1.50% of loan size

Min Credit Score

CIBIL 700

IndusInd Bank

IndusInd Loan Against Property

Residential

Loan Against Property

Interest Rate

9.25% – 13% p.a.

Interest Type

floating

Processing Fee

Min Credit Score

CIBIL 700

What is this?

A Loan Against Property (LAP) is a secured loan where you mortgage your existing residential or commercial property to get funds for any personal or business purpose — without selling the property.

Available Variants

Residential Property LAP

Commercial Property LAP

Industrial Property LAP

Balance Transfer LAP

Overdraft Against Property

Key Benefits

Lower interest rates than personal/business loans (9.5%–12.5%)

Higher loan amounts — up to ₹5–10 Crore

Longer tenure — up to 15–20 years

Funds for any purpose (business, education, medical, etc.)

Property remains in your use during loan

Balance transfer facility

Eligibility Criteria

Salaried & self-employed; age 18–70; property must be owned and clear title; residential / commercial / industrial property accepted; CIBIL 650+; income documentation required.

Who Should Choose This?

Business owners needing large working capital
Self-employed professionals (doctors, CAs, architects)
Anyone needing funds without a specific purpose restriction

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