Loan Against Property

LOAN AGAINST PROPERTY (LAP)

LAP is a loan secured against residential or commercial property which is fully constructed. The funds from this loan can be fulfil your personal or business needs.LAP is a loan secured against residential or commercial property which is fully constructed. The funds from this loan can be fulfil your personal or business needs.

LAP can be availed by both salaried or self-employed individual.

Maximum funding under LAP depends on the income of the individual and the market value of the property. The maximum funding is limited to 75% of the market value of the property.

The maximum tenure of the loan can be 20 years.