Loan Against Property
Unlock Your Property's Value: Loan Against Property Solutions
Turn Your Property into Financial Freedom with South Quest's Flexible Loan Options
Apply NowLoan Against Property
Loan against property or LAP is a mortgage or secured loan availed after pledging a property as collateral. The interest rate starts from 9% p.a. You can avail of LAP up to 80% of property value for a maximum of 15 years.
Quick Facts
Interest Rate
From 9% p.a.
Loan Amount
Up to 80% of Property Value
Tenure
Up to 15 Years
Features and Benefits of Loan Against Property
ADVANTAGES OF LEVERAGING YOUR PROPERTY
Easy to get
LAP is a secured loan making it easier for lenders to offer money to the borrower as it is backed by collateral.
Longer tenure
Usually banks sanction a LAP between Rs. 3 Lakhs to Rs. 100 Crores with repayment periods of up to 20 years.
Lower interest rate
In comparison to Personal Loans, a LAP loan has a lower rate of interest. The reason is the security offered to the banks.
Lower EMI
When you have longer tenure and a lower interest rate, the EMIs are bound to be lower.
Flexibility
Various banks have flexible loan products in this category, including term loans, overdraft facilities, reverse mortgage, etc.
Tax Benefits
You get tax benefits if you avail a loan against property for home renovation purposes under Section 24(b) of the Income Tax Act.
Loan Against Property Interest Rates of All Banks and NBFCs 2024
Bank Name
Interest Rate
Processing Fee
Find the perfect loan for you
With our streamlined process and expert guidance, finding the right loan has never been simpler. Complete the form to take the first step towards realizing your dreams. Your financial journey starts here.
Toll Free, Mon – Sat, 10 AM – 7 PM
917075358227
Frequently Asked Questions
Looking for something?