Loan Against Property (LAP) – Unlock the Value of Your Property
If you need quick funds for personal or business needs, a Loan Against Property (LAP) allows you to liquidate your property without selling it.
Key Benefits
- Low Interest Rates: Starting from 10.35%
- Low Minimum Loan Amount
- High Maximum Loan Amount
- Easy Prepayment Terms
Loan Amount & Tenure
- Loan Amount: ₹5 Lakhs – ₹3 Crores
- Loan Tenure: 3–30 years (salaried) / up to 20 years (self-employed)
Eligibility Factors
- Credit Score: Minimum 700
- Income of all applicants
- Age of primary applicant: 21–70 years
- Occupation of primary applicant
- Existing EMIs and other obligations
- Additional sources of income (if any)
- Repayment capacity
- Location of current residence and property
Types of Properties Eligible
- Residential (self-occupied or unoccupied)
- Commercial (self-occupied or unoccupied)
- Rental property registered in your name
Application Process
- Step 1: Application Submission – 1 hour
- Step 2: Document Submission – 1 day
- Step 3: Legal & Technical Verification – 1 day
- Step 4: Loan Approval – 2 days
- Step 5: Loan Sanction – 7 days
- Step 6: Funds Disbursal – 2 days
The funds can be used for home renovation, business expansion, medical expenses, or other investments. The property must be officially registered in your name.
Balance Transfer Option
Switch your existing LAP to another financial institution for better repayment options, pre-approved offers, improved service, and potentially lower interest rates.
With Easy Capital, accessing funds against your property is fast, transparent, and hassle-free!
