Loan Against Property – Regular (Home Equity)

Are you looking to start a new business?
Do you require long term working capital to expand your existing business?
Want to send your children for higher education or get them married?
Manage medical expenses?

If your answer is a ‘Yes’, then we offer the perfect solution for you. Now, use immoveable property as per your financial requirements. IIFL Home Loans’ Loan Against Property (LAP), a multi-purpose loan you can avail to meet your financial requirements. We offer Loan Against Property not only against constructed residential or commercial properties but also against plot of land.

Understanding the importance of financial inclusion, we offer Loan Against Property at low rate of interest for a maximum tenure of up to 10 years. Add co-applicant to increase maximum loan amount and rate of interest.

Based on your eligibility and financial requirement, we offer two types of loans under our Loan Against Property- Regular LAP & Samman LAP. Under Regular LAP, we offer maximum loan of up to Rs 10 crore for a loan tenure as long as 10 years with simple repayment options.

To cater financial needs of small business owners, we have customized product ‘Samman’. Maximum loan amount that can be availed under Samman LAP is up to Rs 35 lacs. Expanding our footprint, we offer Samman LAP to small set-up owners including kirana store, mobile store, or restaurant.

Financing your child’s education, managing your wedding expenses, expanding your business, or even handling unforeseen medical expenses, a Loan against Property from Bajaj Finserv enables you to do it all. Bajaj Finserv offers customised Property Loan to salaried and self-employed individuals.

  • High-value loans made affordable

    Bajaj Finserv gives you access to a higher loan amount at affordable Loan against Property interest rates. Salaried individuals get a high loan amount up to Rs.1 crore, while self-employed individuals can avail a loan of up to Rs.3.5 crore.

  • Disbursal in 4-days

    Simple Loan against Property eligibility criteria, minimal documentation and doorstep service makes the loan application process a hassle-free one. Bajaj Finserv offers the loan in just 4 days.

  • Flexible tenure

    Salaried individuals can select a tenure ranging from 2 to 20 years and repay the loan conveniently. Self-employed individuals can select a tenure of up to 18 years to repay the loan. You can part-prepay or prepay your loan anytime at minimal charges.

  • Easy balance transfer facility

    Transfer your existing loan using Loan against Property Balance Transfer facility to Bajaj Finserv with minimal documentation and quick processing and get a high-value top-up loan.

  • Flexi dropline feature

    Borrow as you go and pay interest only on the amount utilised. Manage your finances effectively and pay interest-only EMIs.

  • Online account management

    Access your loan details anytime and anywhere via customer portal – Experia

With tools like Loan against Property Eligibility Calculator and Loan against Property EMI Calculator, you can manage your loan easily.