2 Crore loan against property

2 Cr Loan Against Property

Balance Transfer | Higher Loan Amount | No Hidden Charges

Availing of 2 Cr Loan Against Property can help you deal with any financial crisis, especially when you are low on savings. You can leverage your Property to secure a higher loan amount up to 2 Cr. The loan amount can be used for various financial obligations such as expanding your business, financial your child's education or managing your other expenses. Loan Against Property provides you with the required financial flexibility that you always needed.

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Avail of a Loan Against Property at 9% p.a. onwards rate of interest. To understand rates and other charges, refer the below given table:

Interest Rate 9% p.a. onwards
Loan Amount From ₹51 Lakh to ₹5 Crore
Loan Processing Fees Up to 1%, Plus applicable taxes
Lowest EMI per month 1044* per Lakh for 180 months
Maximum Tenure 3-15 years (12 years for Industrial/Warehouse)
Foreclosure/Prepayment Charges 0%* If paid from own sources & 4%* If paid from other sources
Late Payment Charges 2% per month
Cheque Bounce Charges ₹500 per bounce plus applicable taxes
IMD Charges - Initial application fee ₹10,000 - Non-refundable
Stamp Duty At actuals (as per state)
No Other Hidden Charges

EMI is a key factor that directly influences your finances, especially when you opt for a higher loan amount. For Loan Against Property, the borrower can extend up to 15 years, allowing borrowers to select a repayment plan that suits their financial capabilities. Opting for longer loan terms often results in lower EMIs, which can simplify the management of your monthly budget. Calculating your EMI is crucial to ensure that it comfortably fits into your financial plan. To plan your EMI for Loan Against Property, you can use our LAP EMI calculator.

Before applying for a 2 crore Loan Against Property, meeting specific eligibility criteria and gathering the necessary documents is crucial. Here's a concise overview:

Eligibility Criteria:

Age Requirement

Age

Property Ownership:

Property Ownership

Monthly Salary Required

Property Type

Work Experience logo

Income

Employment Required

Credit Score

  • Age: Applicants typically need to be between 18 to 60 years old.
  • Property Ownership: You must be the legal owner of the Property used as collateral.
  • Property Type: The Property should be residential or commercial with a clear title.
  • Income: Lenders assess your income to ensure you can repay the loan.
  • Credit Score: A good credit score can improve your approval chances.

Required Documents:

  • Address proof

    Property Documents

  • Address proof

    Income Proof

  • Identity Proof

    KYC Documents

  • Income Proof

    Bank Statement

  • Property Documents: Proof of property ownership, such as title deeds, property tax receipts, and building plan approvals.
  • Income Proof: Salary slips, income tax returns, and other documents that demonstrate your financial stability.
  • KYC Documents: PAN Card/Aadhaar Card/Driving Licence/Voter ID/Passport, and other identity proof documents.
  • Bank Statements: Statements from your bank accounts show your financial transactions and history.
  • Short turn around time for loan approval logo

    Higher Loan Amount

  • Competitively priced low-interest rate loan schemes logo

    Favourable Interest Rates

  • Flexible repayment tenure logo

    Flexible Repayment Options

  • Collateral-free logo

    Use for Multiple Purposes

  • Higher Loan Amount: You can access a substantial loan based on your Property's value.
  • Favourable Interest Rates: Enjoy affordable interest rates compared to personal loans or credit cards.
  • Flexible Repayment Options: Choose a repayment duration of up to 15 years, resulting in manageable EMIs.
  • Use for Multiple Purposes: Utilize the funds for diverse needs like business expansion, education, medical expenses, or debt consolidation.
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Apply Online

Click on ‘Apply Now’ and enter your contact details along with loan amount, tenure, and property type.

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Enter
Property
Details

Enter Property Details

Enter your DOB and property ownership details.

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Occupation
Details

Enter Occupation Details

Enter your occupation and employment details.

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Verification

Verification

The application will then proceed for verification and assessment.

Can I apply for a ₹2 Cr Loan Against Property if my Property is co-owned?
How long does the loan approval process typically take?
What happens if I am unable to repay the loan on time?

*Terms & Conditions Apply

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Loan Against Property by Amount

You can easily apply for a Loan Against Property to obtain funds for various big-ticket expenses. Avail of high loan amounts ranging from ₹51 Lakh to ₹5 Crore. Check out the loan amount options below:

Loan Against Property by AmountArrow Logo

Loan Against Property by Amount

You can easily apply for a Loan Against Property to obtain funds for various big-ticket expenses. Avail of high loan amounts ranging from ₹60 Lakh to ₹5 Crore. Check out the loan amount options below:

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What is Loan Against Property?
A Loan against property or property mortgage loan is a secured loan granted when you offer your existing

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