13 Feb 2026
A Loan Against Property (LAP), sometimes called a mortgage loan, lets you borrow money by pledging a residential or commercial property you already own as collateral — while continuing to use and live in it.
Typically up to 70% of the current market value of the property, subject to your income and repayment capacity. This makes LAP one of the largest loan amounts available to individuals, often up to several crores.
Because the loan is secured against a tangible, valuable asset, lenders offer LAP at meaningfully lower rates (typically 9.5%-13% p.a.) than unsecured personal or business loans.
Unlike a home loan (which must be used to buy/build/renovate a home), LAP funds have no end-use restriction — commonly used for business expansion, children's education, medical emergencies, or debt consolidation.
As with any secured loan, defaulting puts the pledged property at risk of recovery by the lender. It's important to borrow an amount comfortably within your repayment capacity — we help assess this during your free consultation.
If you own unencumbered property and need a large loan amount at a lower rate, LAP is usually more cost-effective than an unsecured business or personal loan of the same size.
Talk to our loan experts today — free consultation, no obligation.
