Turn Dreams into Reality with a ₹25 Cr Loan Against Property!
Loan Against Property is a secured lending option that allows you to utilise your property as collateral and obtain a loan up to ₹25 Cr, depending on its existing market value. Whether it is a residential or commercial property, you can use it as a collateral while you continue to use it and retain the ownership. The LAP application procedure is simple, which allows you to meet your financial goals efficiently and quickly.
EMI Calculator for ₹25Cr Loan Against Property
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Interest Rate & Charges for ₹25Cr Loan Against Property
Loan Against Property is offered at competitive interest rates, as low as 9% per annum. See below for more details:
| Loan Against Property Interest Rates | 9% p.a. Onwards |
| Loan Amount | From ₹51 Lakhs to ₹25 Cr |
| 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 | 4 % on the outstanding loan Plus applicable taxes. |
| Late Payment Charges | 2% per month |
| Cheque Bounce Charges | ₹1000 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 | |
Eligibility Criteria & Documents Required for ₹25 Cr Loan Against Property
Before you apply for a ₹25 Cr Loan Against Property, you must understand the eligibility criteria and documents required.
Eligibility Criteria:
Property Documents
Age
Credit Score
Citizenship
Experience/Vintage
- Property DocumentsThe property you intend to use as collateral must be registered in your name, and you must provide the necessary documents to prove the ownership.
- AgeYou must be at least 18 years old at the time of loan application and not more than 60 years old at the time of the loan’s maturity.
- Credit ScoreA credit score represents your creditworthiness. You must have a credit score of 700+ to get LAP.
- CitizenshipYou must be an Indian citizen.
- Experience/VintageThree years of work experience and six months of consistency with the current company are necessary. There should be at least five years of business stability for self-employed individuals and firms.
Documents Required:
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Property Documents
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Income Proof
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KYC Documents
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Bank Statement
- Property Documents: Proof of property ownership, such as title deeds, tax receipts and building plan approvals.
- Income Proof: Salary slips, income tax returns, and other documents demonstrating your financial stability.
- KYC Documents: Aadhaar card, PAN card, passport, driving license, government-issued ID, etc
- Bank Statements: Statements from your bank accounts show your financial transactions and history.
Benefits of a ₹25 Cr Loan Against Property
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Higher Loan Amount
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Attractive Interest
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Flexible Repayment Tenure
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Fast Approval
- Higher Loan Amount: You can secure a higher loan amount to meet your diverse financial needs.
- Attractive Interest: LAP is available at competitive interest rates, starting from 9% p.a., which makes repayment easy.
- Flexible Repayment Tenure: You can choose the repayment tenure up to 15 years to suit your requirements and manage the repayment easily.
- Fast Approval: Since LAP is a secured loan, the approval process is fast, and you get the funds without any hassles.
Apply for ₹25 Cr Loan Against Property within 5 Minutes
Apply
Online
Apply Online
Click on ‘Apply Now’ and enter your contact details along with loan amount, tenure, and property type.
Enter
Property
Details
Enter Property Details
Enter your DOB and property ownership details.
Enter
Occupation
Details
Enter Occupation Details
Enter your occupation and employment details.
Verification
Verification
The application will then proceed for verification and assessment.
Frequently Asked Questions
The loan amount depends on the market value of your property and the lender's policies. For a ₹25 Cr Loan Against Property, your property should have a substantially higher value.
*Terms & Conditions Apply
