Loan Against Property - Approved Instantly!*
Choose your desired loan amount
₹ 2,50,000
Assuming annual interest rate 13% and 60 months tenure
Calculated EMI*
₹ 5,688
Serving Millions of Indians as a Reliable Financial Partner Since 2007
Loan Against Property – Fee Structure
Transparent, competitive financing — charges at a glance
| Fee Type | Applicable Charges |
|---|---|
| Interest Rate | Starting from 11.50%* p.a. Based on property & credit profile |
| Loan Limit | Up to ₹5 Crores* Up to 70% of property value |
| Loan Tenure | 12 to 180 months (1–15 years) Flexible EMI options |
| Processing Fee | Up to 2% + GST Includes legal & valuation charges |
| Prepayment Charges | 0% to 4%* Nil for floating rate loans |
| Other Charges | INR 1000 + GST (cancellation) INR 500 + GST (cheque dishonour) Legal/valuation as actuals |
*Terms apply. Rates from 11.50% p.a. vary by profile. Loan limit up to ₹5 Cr subject to LTV (70% residential). Processing fees up to 2% + GST. Prepayment: Nil for floating rate. Please refer sanction letter.
Loan Against Property from IndiaKredit
Loan Against Property from IndiaKredit comes with low interest rates for eligible borrowers. Homeowners and property owners can conveniently apply for a Loan Against Property online from the comfort of their homes. With customised solutions and transparent procedures, we have successfully served millions of customers across India.
Here are some key benefits of an IndiaKredit Loan Against Property:
Apply for a Loan Against Property online with a 100% paperless process.
Get secured loans at competitive interest rates, with minimal documentation and flexible repayment tenures. Enjoy higher loan amounts by leveraging your property’s value.
Use the funds obtained through your Loan Against Property for various purposes, such as expanding your business, funding your child’s education, covering medical emergencies, home renovation, debt consolidation, wedding expenses, or managing working capital needs.
Higher loan amount · Secured & trusted
Loan Against Property
Benefits & Features
Unlock the value of your property with IndiaKredit. Enjoy higher loan amounts, lower interest rates, and flexible repayment options — perfect for your big financial goals.
Loan Amount up to 5 Crore*
Substantial loan amounts against residential or commercial property — up to 70% of property value (LTV). Ideal for large expenses like business expansion or education abroad.
Attractive Interest Rates @11.50%* p.a.
Starting at just 11.50%* per annum, our competitive rates make Loan Against Property one of the most cost-effective secured borrowing options.
Long Tenure up to 15 Years*
Choose flexible repayment tenure from 12 months to 180 months. Longer tenure means lower EMIs, making repayment comfortable and stress-free.
100% Paperless Application
Simple online application process with doorstep document pickup. Minimal paperwork and quick processing to get your loan sanctioned faster.
Quick Disbursal within 7 days*
Once property verification and legal checks are complete, funds are disbursed quickly to help you meet your financial goals without delay.
Flexible End-Use of Funds
Use the loan amount for business expansion, education, medical emergencies, wedding, debt consolidation, home renovation, or any other legitimate need.
Keep Property Ownership
You continue to live in or use your property as before. Only the property title is mortgaged — you retain full ownership and rental income rights.
Additional Benefits for Existing Customers
Existing customers with strong repayment history may enjoy special concessionary rates, lower processing fees, and faster approvals.
Loyalty privilege
*Terms & conditions apply. Loan amounts up to ₹5 Crore subject to property valuation and LTV ratio (up to 70% for residential, 60% for commercial). Interest rate starts from 11.50% p.a. and varies based on property type, location, borrower's credit profile, and loan amount. Tenure up to 180 months (15 years) subject to borrower age and property condition. Disbursal time depends on legal and technical verification. Special concessionary rates for existing customers offered at company's discretion based on repayment history.
Documents Required for a Loan Against Property
To apply for a quick Loan Against Property online with IndiaKredit, you'll need the following basic documents:
Duly signed and completed application form
Identity proof (such as Aadhaar, Voter ID, or Passport)
Address proof (such as utility bills, Passport, or Aadhaar)
Signature proof (such as PAN Card or Passport)
Mandatory - PAN Card / Form 60
Documents Required for Salaried Individuals
You'll need the following documents to apply for a Loan Against Property:
Salary slips for the last 3-6 months
Bank statements for the last 6-12 months (salary account)
Income Tax Returns (ITR) and Form 16 for the last 2-3 years
Employment verification letter (if applicable)
Documents Required for Self-Employed Individuals / Business Owners
You'll need the following documents to apply for a Loan Against Property:
Business proof (such as GST registration certificate, trade license, or shop establishment certificate)
Income proof (such as ITR for the last 2-3 years, along with computation of income)
Bank statements for the last 6-12 months (business current account)
Profit & Loss statement and Balance Sheet for the last 2-3 years (audited if applicable)
Property-Related Documents (Mandatory for LAP)
Property title deed / sale deed
Property tax receipts (last 3 years)
Encumbrance certificate (EC) for the last 12-30 years
Approved building plan / layout (for under-construction property)
Occupancy certificate / possession letter (for ready property)
No Objection Certificate (NOC) from society / builder (if applicable)
Chain of agreements / allotment letter (for apartments)
Documents Required for Partnership Firms / Private Limited Companies (if property is owned by entity)
Partnership deed / Memorandum of Association (MoA) & Articles of Association (AoA)
Board resolution authorizing the loan (for companies)
GST returns for the last 6-12 months
Proof of business continuation (registration certificate, incorporation certificate)
Additional Documents (if applicable)
Existing loan statements (if any, for balance transfer or top-up)
Co-applicant / guarantor KYC documents (if applicable)
Rental agreement (if property is leased out)
Ensure all documents are submitted for swifter Loan Against Property processing.
You can check the complete list of documents required for an instant* Loan Against Property.
*Please note: Additional documents may be required depending on your profile, property type, loan amount, and our policy at the time of application.
Loan Against Property Eligibility
The basic eligibility requirements to apply for a Loan Against Property at India Kredit include:
Age: Applicants must be between 21 years and 65 years of age (at loan maturity).
Property Ownership: The applicant must be the legal owner of the residential or commercial property being mortgaged.
Property Type: Residential apartments, independent houses, villas, commercial shops, office spaces, and industrial properties are generally accepted.
Minimum Income: No fixed minimum income requirement — eligibility is based on property value, income stability, and repayment capacity.
Credit Score: A credit score of 700 or above is preferred. However, applicants with lower scores may still be considered depending on property quality and other factors.
Nationality: Applicants must be residing citizens of India. NRIs may be eligible on a case-by-case basis.
Employment Type: Both salaried individuals and self-employed professionals / business owners can apply.
Employment / Business Stability: Salaried applicants should have at least 2-3 years of total work experience. Self-employed applicants should have a business vintage of at least 3 years.
Existing Liabilities: Existing loan obligations, EMI commitments, and overall debt-to-income ratio are considered during eligibility assessment.
Property Location: Properties located in metropolitan cities, Tier-1, and Tier-2 cities are preferred. Rural properties may have limited eligibility.
*This is the basic Loan Against Property eligibility criteria. The final eligibility will depend on several factors, including property type, location, valuation, borrower's credit profile, repayment capacity, and our policy at the time of loan application. It is recommended to complete a Loan Against Property eligibility check before applying.
Loan Against Property Interest Rates & Charges at India Kredit
Loan Against Property interest rates and charges at India Kredit are determined by a variety of factors, including the applicant's credit score, property type and location, repayment capacity, and the loan amount. Outlined below are the key charges you can expect when applying for a Loan Against Property:
| Fee Type | Applicable Charges |
|---|---|
| Interest Rate | Starting from 11.50%* per annum |
| Processing Fee | Up to 2% of the total loan amount + GST |
| Loan Tenure | 12 to 180 months (up to 15 years) |
| Lowest EMI Per Month | Starting from INR 851* per lakh (for 15 years tenure) |
| Prepayment / Foreclosure Charges | 0% to 4%* (Nil for floating rate loans) |
| Loan Cancellation Charges (Before 1st Disbursement) | INR 1000 + GST (non-refundable processing component may apply) |
| Cheque/ECS/ACH Direct Debit Dishonour Charges | INR 500 per dishonour/presentation + GST |
| Late Payment Penalty | 2% per month on overdue amount |
| Property Valuation & Legal Charges | As per actuals + GST (third-party fees) |
| CERSAI Registration Charges | As per actuals (typically INR 100 – 500) |
| Statement / Duplicate Copy Issuance Charges | INR 250 + GST per instance |
| NOC / Loan Closure Letter Issuance | Nil (Free of cost) |
*Terms & conditions apply. Interest rate starts from 11.50% p.a. and varies based on property type (residential/commercial), location, borrower's credit score, income, and loan amount. Loan tenure up to 180 months (15 years) subject to borrower age and property condition. Lowest EMI example is for illustrative purposes only. Prepayment charges: Nil for floating rate loans; up to 4% for fixed rate loans (may be waived after a certain period). Legal and valuation charges are actuals based on third-party service providers. Please refer to the final sanction letter for exact charges applicable to your Loan Against Property.
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