Unlock Your Property's Potential with loan against property
Turn your property into capital with a secured loan against property from Rupeeco. Fund your dreams with a mortgage loan solution—without selling your assets.
A loan against property (LAP) is a secured loan where you pledge your residential property, commercial property, or industrial property as collateral to access substantial funding. With a loan against property India, you retain ownership while unlocking value for your financial goals.
With Rupeeco, you get access to competitive loan against property interest rates from leading banks and NBFCs, to find the perfect loan against property for your needs—because finance truly meets freedom.
What is loan against property?
A loan against property (LAP) is a secured loan where you pledge your residential property, commercial property, or industrial property as collateral to access substantial funding. With a loan against property India, you retain ownership while unlocking value for your financial goals.
With Rupeeco, you get access to competitive loan against property interest rates from leading banks and NBFCs, to find the perfect loan against property for your needs—because finance truly meets freedom.
Key Highlights
- Loan amounts up to ₹5 crore or more based on your property value and loan-to-value ratio LAP
- Tenure options from 5 to 20 years with a flexible loan against property tenure
- Interest rates starting from 8.55% p.a. for the best loan against property rates
- Retain property ownership throughout your loan against property process
Types of loan against property
Residential Property Loan
Leverage your home, apartment, or villa for a loan against residential property while continuing to live in it.
Commercial Property Loan
Pledge office spaces, shops, or commercial buildings with a loan against commercial property to fund business expansion or working capital needs.
Industrial Property Loan
Use warehouses, factories, or manufacturing units for an industrial property loan aimed at large-scale business requirements.
Plot/Land Loan
Even vacant land can be mortgaged with a loan against land or plot loan for construction or other uses.
Popular Use Cases for loan against property
Business expansion loan
Grow operations and invest in your business.
Debt consolidation loan
Combine high-interest borrowings for affordability.
Education funding loan against property
Finance higher education for yourself or your children.
Medical emergency property loan
Cover healthcare needs without draining your savings.
Wedding, renovation, or working capital loan
Use property to fund weddings, home upgrades, or daily business operations.
The Rupeeco Advantage
Why Choose Rupeeco for Your loan against property?
Replace generic CTAs with proof points your CFO will sign off on.
- ✓Access to 25+ lenders
Compare loan against property rates across top lenders to get the most competitive offer.
- ✓Lightning-fast approvals
Digital verification speeds up your LAP approval and disbursement.
- ✓Best rate guarantee
Evaluate multiple quotes to lock in the lowest available LAP interest rate.
- ✓Personalized solutions
Experts assess your eligibility and recommend the most suitable LAP options.
- ✓Secure and transparent
Clear documentation with no hidden charges for your loan against property process.
- ✓End-to-end support
Guidance across every step of your LAP application until completion.
- ✓Fully digital experience
Upload documents and track your LAP application online without hassle.
Features and Benefits
| Feature | Details |
|---|---|
| Loan amount | Up to 60-70% of the property's value. |
| Interest rates | Start at 8.50% per year. |
| Loan tenure | Ranges from 5 to 20 years. |
| Processing fee | Typically 0.5% to 2%. |
| Prepayment | Minimal or zero charges. |
| Tax benefits | Eligible under Section 24(b). |
Lower interest rates
Get reduced costs with a secured loan against property.
High loan eligibility
Access higher funding based on your property's valuation.
Flexible repayment
Plan EMIs easily with a loan against property EMI calculator.
No end-use restriction
Use your LAP for any legitimate purpose across India.
Ownership retained
Keep full control of your property during the loan tenure.
Credit score boost
Improve your credit profile with timely loan repayments.
Unlock liquidity
Convert idle property assets into usable cash quickly.
Eligibility Criteria
Age eligibility
Age criteria vary for salaried and self-employed applicants.
Salaried: 21 to 65 years
Self-employed: 25 to 70 years
Income requirements
Minimum income thresholds for stable loan repayment capacity.
Salaried: Minimum ₹25,000 per month
Self-employed: Minimum ₹3 lakhs per year
Employment stability
Work experience and business continuity expectations.
Salaried: 2 to 3 years of experience
Self-employed: At least 3 years in business
Credit score
Good credit history improves loan approval chances.
Preferred score: 650 or higher
Eligible property types
Wide range of property categories qualify for LAP.
Self-occupied or rented residential property
Commercial property
Industrial property
Loan-to-value ratio
Lenders typically offer a percentage of your property value.
Up to 60-70% LTV
Application Process - Step-by-Step Process
Ready to unlock your property’s potential? Getting a loan against property through Rupeeco is hassle-free.
Apply online
Start your loan against property application.
Get quotes
Compare offers from multiple LAP lenders.
Choose best offer
Select the most suitable loan package.
Submit documents
Upload your loan against property documents online.
Property valuation
Your property is assessed for the secured loan.
Approval and sanction
Receive approval and the official sanction letter.
Documentation
Complete formalities for final LAP processing.
Disbursal
Funds are released directly to your account.
Things To Know Before Applying for loan against property
Total cost factors
Processing fees, valuation charges, and stamp duty affect your overall LAP cost.
Tax benefit eligibility
You can claim tax benefits when the loan is used for purchase, construction, or renovation.
Documentation checklist
Use a clear checklist to keep all loan against property documents ready in advance.
Compare lender offers
Review and compare multiple lenders to secure the best LAP interest rate.
Review terms carefully
Read all conditions, especially key differences between LAP and home loans.
EMI and tenure planning
Use the LAP EMI calculator to choose the right repayment amount and tenure.
FAQs
What is the maximum loan amount I can get against my property?
Lenders typically offer 60-70% of your property's valuation based on LAP eligibility.
Can I get a Loan Against Property if I'm self-employed?
Yes. Self-employed applicants qualify after at least 3 years in business with proper financials.
How long does the approval process take?
Digital processing usually results in approval within 7-10 working days.
What documents are required for LAP application?
You need ID proof, address proof, income documents, property papers, and valuation reports.
Can I prepay or foreclose my Loan Against Property?
Yes. Most lenders allow prepayment or foreclosure with minimal charges.
Will I lose ownership of my property?
No. You retain ownership throughout the LAP tenure.
What happens if I default on the loan?
Defaulting can lead to recovery action, including property auction under the LAP agreement.
Can I rent out my property during the loan tenure?
Yes. Rental income may even improve your LAP eligibility.
Are there any tax benefits on Loan Against Property?
Tax benefits apply when the loan is used for eligible purposes under the Income Tax Act.
What is the difference between LAP and Home Loan?
LAP can be used for any legitimate purpose using existing property. Home loans are only for buying a property.
Can I apply for LAP on jointly owned property?
Yes. All co-owners must join as applicants in the LAP process.
What if my credit score is below 650?
Some NBFCs still offer LAP options for low-credit or self-employed borrowers.
Ready to Transform Your Property into Opportunity?
Apply for a Rupeeco loan against property India today and join thousands of satisfied customers who chose the best in market.
Ready to Transform Your Property into Opportunity?
Apply for a Rupeeco loan against property India today and join thousands of satisfied customers who chose the best in market.