Loan Against Property in Delhi NCR| Auto Loans Provider| Small Business Loans

Apply for Loan Against Property (LAP)

Apply now and get instant approval for Loan Against Property (LAP)

Loan Against Property

LAP is a Secured credit provided by financial institutions based on criteria like employment history, repayment capacity, income level, profession and credit history. This is a Loan which you avail a keeping your Property as a Collateral and you can get up to 75% of your Current property value as Loan Amount.

Features of LAP:

Loan Amount	You Can Avail Loan Amount up to 50 Cr Loan Amount as per your income eligibility.
Interest Rate	Fixed Interest Rate. Starts at 8.25% onwards.
Processing time	Only 7 working days Required for Sanction after process your application.
Tenure	Up To 15 Years
Processing Fee	10000+GST* Or As Per Your Financial Profile
Part payment	Part payment available.
Flexible Prepayment	Flexible Prepayment option available in LAP Loan which makes it attractive.
Collateral	Collateral Required for LAP

Eligibility Criteria for LAP:

Eligibility Criteria	Eligibility Criteria Details
Age	Minimum Age 21 year and Maximum 65 Years at the Time of Loan Maturity
Minimum Income	35000 Net Salary Or 5 Lac Gross Annual Income
Cibil Score	Minimum CIBIL Score of 700 with No Any Default in Past
Employment Stability	Minimum 1 year
Resident	INDIAN Only
Who Can Avail Business Loan	Salaried Person, Self-Employed Business and Self Employed Professionals

Documents Required for LAP:

Required Documents	Required Documents For Salaried	Required Documents For Self-Employed Business
Photo	Passport Size Photo	Passport Size Photo
Id proof	Pan Card / Aadhar Card / Passport / Voter Id Card / Driving Licence	Pan Card / Aadhar Card / Passport / Voter Id Card / Driving Licence
Address proof	Aadhar Card / Passport / Voter Id Card / Driving Licence / Mobile Bill / Telephone Bill / Electricity Bill / Water bill ( any one document required for address proof )	Aadhar Card / Passport / Voter Id Card / Driving Licence / Mobile Bill / Telephone Bill / Electricity Bill / Water bill ( any one document required for address proof )
Income documents	Latest 3 months Salary slip & Last 3 years Form-16	Last 3 year ITR, computation, profit & loss statement, balance sheet, audit report ( if audited ), GST if applicable
Bank statement	Latest 6 months Bank statement	Last 12 months all Current / OD / CC Account Statement
Property paper	Complete property paper/ Chain required	Complete property paper/ Chain required
Extra documents	Sanction Letter, List of Document (LOD), fore closer ( for BT* only )	Sanction Letter, List of Document (LOD), fore closer ( for BT* only )

Leading Banks LAP Interest Rates Details

Bank Name	Interest Rates	Processing Fees
L&T FINANCIAL SERVICES	8.75%- 9.00%	1.00%+GST*
HDFC BANK	8.60%-10.50%	0.50%+GST*
ICICI BANK	8.90%-10.50%	1.00%+GST*
AXIS BANK	9.00%-10.50%	1.00%+GST*
YES BANK	9.75%-10.50%	1.00%+GST*
IDFC FIRST BANK	9.50%-10.50%	0.50%+GST*
STATNDARD CHARTERED	9.50%-10.50%	0.50%+GST*
BAJAJ FINANCE	9.50%-10.00%	0.75%+GST*
RBL BANK	9.50%-11.00%	0.75%+GST*
ADITYA BIRLA	10.00%-11.00%	1.00%+GST*
KOTAK MAHINDRA	10.25%-11.00%	0.75%+GST*
NOTE:- Mentioned Interest Rates, PF and Charges Are Subject to Change and It is Sole Discretion of RBI, Bank and NBFC.