Get 2 Crore Loan Against Property @9.5% p.a.

Q: Can I apply for a ₹2 Cr Loan Against Property if my Property is co-owned?

Yes, you can apply for a Loan Against Property as a co-owner. However, all co-owners must be joint applicants for the loan.

Q: How long does the loan approval process typically take?

Loan approval time varies from lender to lender (usually 7-15 days) based on document completeness and other factors.

Q: What happens if I am unable to repay the loan on time?

In case of repayment issues, promptly contact the lender for potential solutions like loan restructuring or extended terms.

Secure your Financial Aspirations with a ₹2 Cr Loan Against Property!

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.

EMI Calculator for ₹2 Cr Loan Against Property

Loan Amount

51,00,000 25,00,00,000

Interest Rate %

9.5% 15%

Tenure

3 Year 15 Years

Calculate

EMI Amount = *

Check Repayment Schedule
Download Repayment Schedule

Interest Rate & Charges for ₹2 Cr Loan Against Property

Avail of a Loan Against Property at 9.5% p.a. onwards rate of interest. To understand rates and other charges, refer the below given table:

Interest Rate	9.5% p.a. onwards
Loan Amount	From ₹51 Lakh to ₹25 Crore
Loan Processing Fees	Up to 2%
Lowest EMI per month	1044* per Lakh for 180 months
Maximum Tenure	3-15 years (12 years for Industrial/Warehouse)
Foreclosure/Prepayment Charges	5% on principle outstanding plus applicable taxes. 5% on principle partly paid amount plus applicable taxes.
Default Charges	24% per annum
Repayment Instrument Dishonour Charges	₹500 per bounce plus applicable taxes
Stamp Duty	At actuals (as per state)
No Other Hidden Charges

Note: Default Charges: Penalty will be charged for non payment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.

₹2 Cr Loan Against Property EMI for up to 15 Years

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.

Required Eligibility Criteria & Documents for ₹2 Cr Loan Against Property

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

Property Ownership

Property Type

Income

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:

Property Documents
Income Proof

KYC Documents
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.

Benefits of ₹2 Cr Loan Against Property

Higher Loan Amount
Favourable Interest Rates

Flexible Repayment Options
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.