Loan against property is a loan where the borrower mortgages his/her property as a collateral security towards the loan. The best in its kind, (LAP) are also known as all purpose loan where one can use the funds to expand ones business purchase a property, plan a dream wedding, fund childes education and the list goes on.

Loan against property is rightly a “all purpose loan” as it has a lower rate of interest as compared to a personal or business loan, with flexibility to pay for a longer tenure upto 15years which reduces the EMI.

Lap are structured against residential & commercial properties and are funded upto a maximum of 75% of the market value of the property.

The Loan amount is authorized by a credit check of the profile of the borrower by the bank & determining his capacity to repay the loan. Now a days there are various properties of different banks where the borrowers can get a higher loan amount o compared to their income.

Term Loan : - These are loan where the borrower pays a fixed installment towards the repayment of the loan the tenure of the loan can be 1 year to 15 years depending upon your requirement. The longer the tenure the lesser the monthly installment you have to pay.

Term loans are best for: 
 Long Period
 Debt Consolidation  
 Any Personal Expense Such As Vacation, Marriage or Children Education  


Dropline Overdraft Facility:- These are new generation overdraft facilities which have both the features of Term Loans & Overdraft Facility, these limits can be for a period of 10 years where the drawing power of the borrower is reduced on month on month basis. These limits do not have a yearly renewal charge but it has a one time processing fees. These are only offered to self employed or companies

DOD are best for:
Manufactures, traders & retailers where booking capital requirement is needed for day to day transactions.

DOD’s don’t require a charge to be made on your stocks book debts, it also not requires any quarterly or half yearly audits of the stock


Loan for Commercial Purchase (LCP) :- These are loans which the borrower takes for the purchase of a commercial property. These loans are given against the mortgage of the property the borrower wishes to buy. These loans are generally capped upto 50 to 60 percent of the market value or 65 – 100 percent of the registry value of the property which ever is lower.

LCP are best for:
Individuals, Companies Who are looking to expand their business by opening more showroom or office space/outlets
Investors who are foreseeing the appreciation in a particular property.


Lease Rental Discounting:- These are loans where the loan is given to the borrower on the basis of monthly rental received by him against the property offered o be mortgaged. Banks take an installment equivalent to 90 percent of the net of the rental received every month & give a loan for the period for which.

The lease agreement is signed. LRD’ Loans commercial properties which are based out to either multinational or any Indian renowned company or on residential properties which are leased to similar category companies for their top hierarchy’s living.