Loan Against Property (LAP)
Loan Against Property (LAP)
Our LAP loan is ideal for Self-employed Professionals/ Business Enterprises, particularly in rural and semi urban areas, looking to leverage their owned residential, commercial, or industrial properties. This loan is provided for supporting the funds required for the business activities.
Features and Benefits:
- Flexible Loan Amount: Ranging from Rs.5 lakhs to Rs.15 lakhs
- Loan Repayment Period: Flexible terms ranging from 5 to 15 years
- Interest Rate: Affordable rates
- Loan-to-Value Ratio: Up to 60%, based on down payment
- Faster Approval: Funds Approval within 7 working days
