About Loan Against Property

Your biggest asset is your property purchased over the years and it has an immense potential to help you in dire need of funds. Why loose an opportunity or face cash crunch when you can utilize your asset to fetch you the required loan amount?

What is a Loan against property?

Having a property is everyone’s dream, be it a house (residential) or an office space (commercial). It is considered as a person’s biggest asset. At times life may throw situations at you wherein you fall in urgent requirement of cash. Getting a personal loan at times is difficult with the documentations involved. At this time one can unlock the potential and value of their property by taking a loan against it.

A loan against property is a type of a personal loan with the secured collateral involved. An individual needs to keep his/her property as security or collateral. By opting for a loan against property from a leading financial institution, you can avail a whole sum of money, which you can repay over a time period with the calculated interest. Your monthly repayment i.e. EMI will affect the size of your loan, the payback time and the monthly interest rates.

Why Apply for Loan Against Property with Us?

  • Free consulting for best Loan against property deal
  • Guaranteed lowest rate of interest
  • Low prepayment charges
  • Maximum loan value
  • Best EMI option
  • Maximum loan tenure
Apply for loan

What is the Eligibility for a Loan Against Property?

It is essential to know your eligibility before applying a loan against property as it defines the type of the loan that you can apply for. Though the core eligibility criteria vary from bank to bank, the fundamental ones are listed below;

Indian Resident

You should be an Indian resident.

Self Employed or Salaried

You should be either a Self-employed or salaried person with regular source of income.

Minimum Age

You should be of 25 years or above.

Credit History

Your credit history should be credible.


All the essential documents as suggested by the respective bank needs to be produced, out of which the fundamental ones are

  • Duly signed and filled application form
  • Identity and residence proof
  • Last 6 months bank statements
  • Latest 3 months salary slips for salaried person
  • Latest 3 years Income Tax Returns with computation of Income along with CA Certified / Audited Balance Sheet and Profit & Loss Account statements for self employed

Get Loan For Whatever You Need Now

Enquire Now

Steps at Express Paisa

Unlike other finance companies, Express Paisa goes that extra mile in understanding a customer and then suggesting an apt product for the loan. Your personal banking executive from Express Paisa will be at your doorstep on demand to clear all your doubts and present you a perfect loan product. We provide loan against property in Delhi and all major locations.

It follows the following 4 simple steps for a quick approval of your loan

Select Loan Type

We will customize offers with the top banks and best deals for you covering all your needs, all at the comfort of your home

Application Submission

No need to take a single step out of your house as we will help you from application form filling to documents collection and submission

Verification by Banks and Credit Assessment

We will provide complete assistance on bank’s internal checks on your identity, residence, office, income, CIBIL, risk assessment

Instant Loan Approval and Disbursement

We will do the required follow ups with the banks and ensure you a smooth delivery of loan amount in your bank

Why Express Paisa?

There are companies and agencies which claim to provide loans with attractive numbers and offers but it is crucial to know the minute intricacies before finalization for the loan not to be a burden.

At Express Paisa, the team of experts help the borrower with the accurate information of the loan type to be availed by understanding the specific requirement and then suggesting the optimal one with best interest rates.

  • Partnerships with over 50 Banks
  • 1 Crore+ Satisfied Customer Base
  • 125 Crore+ Monthly Loan Disbursal
  • Present in 75+ Locations Pan India
  • Hassle Free Express Loan Approval
  • Complete End to End Support
  • Services at the Comfort of Your Home with Home Delivery
  • 100% Free of Cost Service – No Hidden Charges
  • Negotiations for Higher Discounts & Lower Interest rates
  • Instant Quotes for Quick Decision Making
  • One Stop Shop for Applying and Comparing Loans
  • Average Ratings of 4.5+ by over Million Customers

Frequently Asked Questions

The time required for a loan against property to get sanctioned could be anywhere from 15 days to a month. Sometimes it might take more than a month as the factors such as title of the property, CIBIL of the borrower, financials of the borrowers, etc. are also considered while sanctioning this secured loan.

The maximum time period for which you can take a loan against property is 180 months i.e. 15 years. This tenure is subject to matter.

The rate of interest varies from one financial institution to other. Some banks make LAP available only under floating interest rates. Fixed interest rates are limited. Thus you need to confirm all the details first and then apply for a loan against property.

As the name implies, to avail a loan against property, you need to keep your property on mortgage.
The title deed – Collateral security in the form of title deeds needs to be deposited with the bank and ensuring that the title to the property is clear, marketable and free from encumbrance is vital.
The collateral security can also be any assignable financial instrument like assignment of insurance etc. if deemed mandatory by the bank.
An important clause in the mortgage is that the mortgage should be free from any existing loan or litigation.


Apply Now

Now apply for a Loan Against Property online, all you need to do is provide your details below application form.

Please follow and like us: