Home Loan Against Property
Unlock the value in your property with a loan against property.
30-min Consultation
Talk to our real estate experts about home loan against property.
Chat on WhatsAppUsually responds within minutes
What is Home Loan Against Property?
A Loan Against Property (LAP) allows you to unlock the financial value of your existing property by pledging it as collateral to a bank or housing finance company and receiving a loan — typically between 50% to 70% of the property's current market value. This is distinct from a home loan (used to purchase a new property) — a LAP can be used for any purpose: business expansion, medical emergencies, education, debt consolidation, or working capital requirements. In India's property market, LAP is increasingly popular because property values in areas like Whitefield, Electronic City, Koramangala, and HSR Layout have appreciated significantly, enabling property owners to access substantial liquidity without selling their assets. Interest rates for LAP are generally higher than home loans (typically 9–12% p.a.) but lower than personal loans or business loans, making it a cost-effective borrowing instrument. Right Assets Management assists property owners across India in the complete LAP process — from assessing loan eligibility based on property value and income, to selecting the right lender, compiling all required documentation, coordinating property valuation and legal scrutiny by the bank, and ensuring the loan is disbursed quickly. We work with all major banks and HFCs across India — SBI, HDFC, ICICI, Axis, LIC Housing Finance, PNB Housing — and help you compare interest rates, loan-to-value ratios, and processing timelines to select the most suitable option.
Who Is This For?
- Business owners across India needing working capital or expansion funding against their residential or commercial property
- Property owners with urgent liquidity requirements (medical, education, marriage) who do not want to sell their property
- Individuals with poor personal loan eligibility who can pledge property to access lower-interest funding
- Landlords wanting to unlock the equity in rental properties for reinvestment
- Professionals (doctors, architects, consultants) needing to fund equipment or office setup using property as collateral
- NRIs who own property across India and need funds for India-based expenses or investments
How We Help — Step by Step
Eligibility & Property Assessment
We assess your loan eligibility based on property type (residential, commercial, or industrial), property location, market value, age of construction, and your income profile to determine the maximum LAP quantum available.
Lender Selection & Comparison
We compare LAP offerings from multiple lenders — nationalised banks, private banks, and HFCs — covering interest rate (fixed vs floating), loan-to-value ratio, processing fees, prepayment charges, and disbursal timeline.
Document Compilation
We compile the complete set of property and income documents required by the chosen lender. For property documents, we verify the title chain, arrange the EC from Kaveri Online, and gather BBMP approvals and khatha.
Bank Property Valuation & Legal Scrutiny
The bank appoints its empanelled valuer and legal advocate to independently verify the property value and title. We coordinate access, provide all required documents promptly, and respond to legal queries raised by the bank's advocate.
Loan Sanction & Agreement Review
Upon bank sanction, we review the loan agreement terms — interest rate, EMI schedule, prepayment clauses, and default consequences — and advise you before you sign the mortgage documentation.
Mortgage Registration & Disbursement
The mortgage (Equitable Mortgage by deposit of title deeds) is created and registered at the Sub-Registrar office. Once all conditions are met, the loan is disbursed to your account and we provide a post-disbursement document checklist.
Why Choose Right Assets for Home Loan Against Property?
- Access large loan amounts (50–70% of property value) without selling your appreciating asset
- Receive expert lender comparison that secures the best available interest rate and terms
- Get faster loan processing with our document preparation and bank coordination support
- Ensure a clean mortgage registration that protects both your interests and the lender's security
- Use loan proceeds for any purpose — business, medical, education, or investment
- Receive a complete post-closure checklist ensuring mortgage is discharged when the loan is repaid
Documents Required
Frequently Asked Questions
What is the maximum loan amount I can get against my property across India?
Most lenders offer 50–70% of the property's current market value as loan against property (LTV — Loan to Value Ratio). For a residential property across India valued at ₹1 crore, you could typically access ₹50–70 lakh as LAP. Commercial properties usually have a slightly lower LTV (40–60%). The exact amount also depends on your income and repayment capacity.
Can I get a LAP against a property that already has a home loan?
Yes, it is possible to get a second mortgage (LAP) on a property that already has a home loan, subject to the total outstanding loans not exceeding the permissible LTV. The new LAP lender will take a second charge on the property, and the first lender's NOC may be required. We assess the existing loan balance and available equity to determine feasibility.
What types of property are eligible for LAP across India?
Residential properties (flats, independent houses, row houses) and commercial properties (offices, shops, warehouses) are eligible for LAP. A-Khatha properties in BBMP limits with clear title are preferred by lenders. Properties with B-Khatha, unapproved construction, or pending legal disputes are either ineligible or attract lower LTV and higher interest rates.
How long does it take to get a LAP sanctioned and disbursed?
With complete documents and a clear property title, LAP sanction typically takes 10–20 working days and disbursement follows within a week of mortgage registration. Delays occur when title documents have gaps, legal opinions raise queries, or bank valuations and borrower's price expectations differ. Our pre-submission document audit significantly reduces processing time.
What happens to my property documents during the LAP tenure?
The original property documents (sale deed, previous title deeds, building plan, EC, khatha) are held by the bank as security for the loan under equitable mortgage. They are returned only after the full loan is repaid and the mortgage is formally released. We maintain a copy of all submitted documents and assist with the mortgage release process at loan closure.
Book a Consultation
Talk to our real estate experts about home loan against property — we handle all documentation end-to-end.