Loan Against Property in India – Get High-Value Mortgage Loan at Low Interest Rates
- Loan amounts from ₹5 Lakh to ₹10 Crore
- Interest rates starting from 8.50% p.a.
- Flexible tenure up to 20 years
- Instant eligibility check in 60 seconds
Secure & RBI-Compliant
Fast Disbursal in 5–7 Days
No Hidden Charges
50,000+ Happy Borrowers
Key Benefits of a Loan Against Property with Creditcares
Lower Interest Rates Than Personal Loans
Residential & Commercial Property Accepted
High Loan-to-Value Ratio (up to 75% of Property Value)
Long Repayment Tenure up to 20 Years
About the Loan
What is a Loan Against Property?
A Loan Against Property (LAP), also called a mortgage loan, is a type of secured credit where you pledge your owned residential or commercial property as collateral to borrow funds from a bank or NBFC. Unlike a home loan — which is used only to purchase a property — a LAP can be used for any legitimate financial purpose.
The lender evaluates the current market value of your property and typically offers 50%–75% of that value as the loan amount (called the Loan-to-Value or LTV ratio). You repay the loan in equal monthly instalments (EMIs) over a chosen tenure of up to 20 years. Your property remains in your possession during the entire loan period — only the title deed is held by the lender as security.
At Creditcares, we act as your dedicated loan advisor, comparing offers from 30+ banks and NBFCs so you get the most competitive property loan interest rate and the fastest possible disbursal — without the paperwork hassle.
(Unsecured)
Choosing a loan without property involves much higher interest rates and a shorter time to pay it back. This leads to higher monthly costs and smaller loan amounts. Approval is also harder because banks require a near-perfect credit history and strict income proof since there is no security.
(Secured)
A loan against property is a better financial choice as it offers the lowest interest rates and much longer repayment periods. This makes your monthly payments more affordable and gives you access to a larger amount of funds based on your property value, with a much easier approval process.
Eligibility
Who Can Apply for a Loan Against Property?
We offer flexible property-backed funding for a wide range of applicants. Whether you are an individual with a monthly salary, a professional running your own practice, or a business owner looking for capital, you can use your residential or commercial property to get the funds you need at the most competitive rates.
Working professionals employed with private companies, MNCs, PSUs, or government bodies can apply. Minimum monthly income: ₹25,000.
Doctors, CAs, architects, lawyers, and consultants with a steady income from their practice qualify with flexible documentation norms.
Proprietors, partners, and directors of private limited companies can pledge business or personal property to fund working capital or expansion.
NRIs owning property in India can avail LAP subject to specific documentation requirements and RBI guidelines.
Eligibility Criteria
Loan Against Property Eligibility Criteria
To qualify for a mortgage loan, you need to meet simple age, income, and residency requirements. We look at both your personal profile and the value of your property to ensure you get the best possible loan terms and a smooth approval process.
Documents Required for Loan Against Property
Having the right paperwork ready helps speed up your loan approval. You will need to provide basic proof of identity, evidence of your monthly or yearly income, and the original documents of the property you wish to use as security
• Aadhaar Card, PAN Card, Passport, Voter ID, Driving Licence
• Last 3 months salary slips • Last 6 months bank statements • Form 16 / ITR for last 2 years • Employment appointment letter or offer letter
• ITR with computation for last 3 years
• CA-certified profit & loss statement and balance sheet
• Business registration proof (GST, trade licence, incorporation certificate)
• Last 12 months bank statements (business + personal)
• Original sale deed / title deed
• Registered chain of title (previous ownership documents)
• Approved building plan / occupancy certificate
• Latest property tax receipt • Society NOC (for apartment properties)
• Property insurance certificate (if available)
• Filled and signed Creditcares application form
• 2 passport-size photographs
• Processing fee cheque / online payment
How to Get a Loan Against Property in 6 Simple Steps
"Follow our straightforward process to secure your loan. From checking your eligibility to final disbursal, we guide you through every step to ensure a fast and transparent experience."
Our Trusted Bank & NBFC Partners
We work with India's most reputed financial institutions to bring you the best loan against property deals:
State Bank of india
Bank of Baroda
Punjab National Bank
Canara Bank
Union Bank of India
Bank of India
HDFC Bank
ICICI Bank
Axis Bank
Kotak Mahindra Bank
IndusInd Bank
Yes Bank
Bajaj Finserv
LIC Housing Finance
Tata Capital
Piramal Finance
Muthoot Finance
Aditya Birla Capital
What Can You Use a Loan Against Property For?
A loan against property is a versatile financial tool that allows you to use the equity in your home or commercial space for any major expense. From expanding your business to covering personal milestones, it provides high-value funding with the benefit of lower interest rates and flexible repayment options
Business Expansion & Working Capital
Fund machinery purchase, inventory build-up, office expansion, or bridge cash flow gaps without diluting equity.
Higher Education
Fund your child's overseas education at rates far lower than education loans, with no restriction on the institution or country.
Medical Emergencies
Raise immediate large funds for hospitalisation, surgery, or long-term care without liquidating investments.
Home Renovation & Construction
Renovate, extend, or reconstruct your existing property using the funds unlocked from another property you own.
Investment & Real Estate Purchase
Leverage one property to purchase another — a smart wealth-building strategy used by experienced investors.
Wedding & Personal Milestones
Finance a memorable wedding or other family events with lower interest than personal loans and bigger loan amounts.
Frequently Asked Questions — Loan Against Property
"Find clear answers to common questions about mortgage loans, interest rates, and the application process. We have compiled this information to help you make an informed decision about your property-backed funding."