Loan Against Property Assistance
MoneyCashe helps customers understand eligibility, documentation and lender process for loan against property enquiries. We do not guarantee approval; final decision, rate, amount and charges depend on lender policy and verification.
Common Documents
- PAN and Aadhaar
- Address proof
- Bank statements
- Income proof or ITR
- Loan-specific documents as required by lender
How MoneyCashe Helps
- Profile discussion
- Document checklist
- Eligible lender coordination
- Clear guidance on rates, fees and process
Loan Against Property – Key Details
Indicative figures for reference. Actual interest rate, loan amount, tenure and charges depend on lender policy, your profile and document verification.
| Parameter | Details |
|---|---|
| Interest Rate | 9% – 14% p.a. (indicative) |
| Loan Amount | Up to 60%–70% of property market value, up to ₹5 Crore+ |
| Tenure | Up to 15 – 20 years |
| Processing Fee | 0.5% – 1.5% of loan amount |
| Age Criteria | 25 – 65 yrs |
| Property Type | Residential or commercial, self-owned with clear title |
Eligibility Criteria
Property Requirements
- Applicant must own residential or commercial property
- Property must have a clear, marketable title
- Property should be free from major legal disputes
Applicant Requirements
- Salaried or self-employed with stable income
- Satisfactory credit history preferred
- Valid KYC and property ownership documents
Key Benefits
Lower Interest Rate
Generally lower rate compared to unsecured personal or business loans, as the loan is secured.
Higher Loan Amount
Loan amount is based on property value, allowing access to larger funding.
Long Tenure
Extended repayment tenure keeps the EMI more manageable.
Multi-Purpose Use
Funds can be used for business, personal, medical or other needs.
Application Process
Loan Against Property – FAQs
What types of property are accepted for a loan against property?
▼Both residential and commercial properties with clear title are generally accepted, subject to the lender's valuation and legal verification.
How much loan can I get against my property?
▼Lenders typically offer up to 60–70% of the property's assessed market value, subject to the applicant's income, credit profile and lender policy.
Can I use loan against property funds for any purpose?
▼Yes, loan against property is generally a multi-purpose loan and can be used for business expansion, personal needs, medical expenses, or other financial requirements, unless restricted by the lender.
Is loan against property cheaper than a personal loan?
▼Since it is a secured loan, interest rates on loan against property are typically lower than unsecured personal loans, though the exact rate depends on the lender and applicant profile.
What happens if I default on a loan against property?
▼As the property is pledged as collateral, continued default as per the loan agreement may lead to recovery action on the property as per the lender's policy and applicable law.
Need Loan Against Property Support?
Submit your enquiry and our team will assist you.
Apply Now