What is a Loan Against Property (LAP)?

A Loan Against Property (LAP) is a secured loan where you mortgage your residential or commercial property to get a high-value loan at lower interest rates for business, education, medical, or personal needs.

How much loan can I get against my property?

You can get up to 50% to 80% of your property's market value depending on lender policies, property type, and your eligibility.

What documents are required for Loan Against Property?

Required documents include KYC documents, income proof, bank statements, ITR, and property ownership papers.

Can I apply if the property is already mortgaged?

Yes, you can apply through a balance transfer to move your existing loan to another lender offering better interest rates or higher loan amount.

What is the maximum tenure for Loan Against Property?

Loan Against Property tenure generally ranges from 5 to 20 years depending on the lender and applicant profile.

Loan Against Property

BankStore is India’s trusted secured-loan specialist, helping you unlock the value of your residential or commercial property for high-value funding. Apply online for loans from ₹5 lakh to ₹10 crore with competitive interest rates and flexible repayment options-ideal for business, personal, or emergency needs.

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Features of Loan Against Property

✔ Loan Amount: ₹1,00,000 to ₹1,00,00,000
✔ Flexible Repayment: Tenure options from 12 to 60 months
✔ Fully Digital: Apply online easily and quickly
✔ Quick Approval: Instant loan approval
✔ Minimal Documentation: Aadhaar, PAN & Income Proof only
✔ Balance Transfer Available
✔ Loan on Residential or Commercial Property

Use Your Loan Against Property

★ Business Expansion or Working Capital
★ IDebt Consolidation
★ Child’s Education or Wedding
★ Medical Emergencies
★ Purchase of New Property
★ Franchise Setup
★ Balance Transfer from Other Banks

Eligibility Criteria for Loan Against Property

Age Requirement

21 to 60 years

Minimum Turnover

₹10 Lacs Rupees

Nationality

Indian Citizen

Employment

Salaried / Self-Employed

Business Vintage

Minimum 1 year of operation

Rate of Interest

Up To 15-25%

Documents Needed

✔ PAN Card
✔ Aadhar Card
✔ Property Documents (Title Deed, NOC, Tax Receipts)
✔ Income Proof (Salary Slips/ITR for 2 years)
✔ Employment or Business Proof
✔ Bank Statements (Last 6 months)

Empower Your Growth with BankStore

In today’s fast-paced business world, financial flexibility is the key to success. Whether you need funds for expansion, working capital, or new opportunities, BankStore.in makes applying for a business loan simple, transparent, and seamless - from application to disbursal.

Why Choose BankStore:

Wide Network: Partnered with HDFC Bank, SBI, ICICI, & top NBFCs.
Customized Solutions: Tailored loan options to fit your needs.
Transparent Processes: No hidden charges or surprises.
Expert Guidance: Seasoned professionals to assist at every step.

Loan EMI Calculator

Loan Amount

₹1L₹10Cr

Rate of Interest (p.a.)

Loan Tenure

1Y30Y

Your Monthly EMI

₹16,251

Principal₹5,00,000

Interest₹85,044

Total₹5,85,044

FAQs: Loan Against Property

Quick and clear answers to the most common questions.

A Loan Against Property (LAP) is a secured loan where you pledge your residential or commercial property as collateral to get a high-value loan at a low interest rate. Banks and NBFCs offer LAP for business expansion, education expenses, medical emergencies, debt consolidation, or personal financial needs. Because it is secured, the loan comes with higher eligibility, lower EMIs, and longer repayment tenure.

You may receive 50% to 80% of the market value of your property, depending on your eligibility and lender policy.

KYC, income proof, bank statements, ITR, property ownership papers, and any financial documents asked by the bank.

Yes, you can apply through a balance transfer to shift your current loan to a lender offering better rates or a higher amount.

Loan Against Property tenure ranges from 5 to 20 years based on your profile and bank assessment.