Loan Against Property (LAP)

The easiest loan option for achieving your personal or business goals is Loan Against Property (LAP). This is a secured product and offered against collateral. Properties acceptable are residential (built up or plot), Commercial (Office, Shop, plot), Industrial (builtup generally). For purchase of Commercial / Industrial property also one can avail this loan.

You can avail loan against property even if your income is predominently in cash like cash rental etc. A loan up to 3.5cr can be arranged for you.

• ► For business with good profitability in their balance sheet, can take higher amount upto Rs. 10cr or may be more as per customer requirement.
• ► Repayment tenure up to 15 years subject to 65 years of age of borrower.
• ► Loan upto maximum of 85% of property value.