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What is a Loan Against Property (Affordable LAP)?

Unlock the full potential of your retail business with our Loan Against Property (Affordable LAP), leveraging the value of your residential or commercial property. Whether it’s expanding operations, securing working capital, or stocking inventory, we provide the financial support you need to drive growth and success. Our flexible terms and tailored solutions ensure your business thrives without financial constraints.

In addition to empowering self-employed professionals, we have now extended Affordable LAP to salaried individuals. This offering caters to a wide range of personal financial needs, including funding life events, managing educational or medical expenses, planning vacations, or consolidating existing debts.

As your trusted partner in financing, we simplify the loan process, making it seamless and stress-free for both retail businesses and individual borrowers. With expert guidance and dedicated support, you can confidently focus on your goals. Empower your future with our Loan Against Property (Affordable LAP) and embark on a journey of growth, stability, and financial freedom.

Features and Benefits of Loan Against Property (Affordable LAP)

Maximise your advantages with Loan Against Property (Affordable LAP), offering financing of up to Rs. 15 lakhs by harnessing the value of your residential or commercial property. Empower your business aspirations with an array of benefits.

Loan amount upto Rs. 15 lakhs

Loan amount upto Rs. 15 lakhs

We are committed to empowering you with substantial loans, even up to Rs. 15 lakhs, to cater to your unique needs.

Loan Against Property - No Hidden charges

No Hidden charges

Our customer-centric approach ensures complete loan journey control with no unexpected charges.

Key Features and Benefit - Easy Documentation

Flexible repayment tenure up to 120 months

Whether you prefer a shorter repayment period to clear your debt quickly or need a more extended tenure to manage your monthly cash flow, we've got you covered.

Quick Loan Approvals

Competitive interest rates

We offer business loans with appealing interest rates, facilitating the realisation of your entrepreneurial aspirations.

Charges on Loan Against Property

Schedule of Charges Charges (inclusive of GST)
Processing Fees Upto 3%
Penal Charges 24% per annum on unpaid installment
Foreclosure Charges 4% of the future principal Outstanding
Other Charges
Bounce Charges Rs.600
Duplicate NDC/NOC Charges Rs.500

For a complete list of charges, please click here

Documents Required for Loan Against Property (Affordable LAP)

Submit only the essential documents for the Loan Against Property (Affordable LAP) application and enjoy a quick and straightforward process with no delays in funding. We will make it easy for you!

How to Apply for a Loan Against Property (Affordable LAP)?

STEP 01
How to Apply for your Loans

Fill the basic details

Provide basic details such as your Name, Mobile number, email ID, Loan amount, Pin code, and more.

STEP 02
Get your Loan Approved

Get the documents verified

Our representatives will quickly get your documents verified, to process it further.

STEP 03
Loan sanctioned

Loan sanctioned

Experience the joy of a sanctioned loan.

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