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Theo

● LAP Expert

🏢 Hi! I'm Theo, your Loan Against Property expert.

Ask me about LAP rates, how much you can get, eligible property types, or best lenders for your profile.

🏢 Loan Against Property — Expert Guidance

Get 65–85% of your property's value as a loan. Large amounts, long tenure, lower rates than personal loans.

8.75%Starting Rate
₹10 CrMax Loan
25 yrsMax Tenure
✅ Residential & Commercial Property
💰 Up to 85% LTV (IDFC)
🔓 Use Funds for Any Purpose

Compare LAP Rates — 2026

Loan Against Property from top banks & NBFCs. Sorted by lowest rate.

🔍 Filter

15%

LAP Comparison

LenderInterest RateMax LoanLTVMax Tenure
Aditya Birla Capital
Lowest Rate		8.75% p.a. Lowest₹5 Cr65%20 yrs
Bajaj Finance
NBFC		8.99% p.a.₹5 Cr70%18 yrs
Indian Bank
9.00% p.a.₹5 Cr65%15 yrs
Tata Capital
NBFC		9.00% p.a.₹5 Cr70%15 yrs
HDFC Bank
Quick Approval		9.05% p.a.₹5 Cr65%15 yrs
SBI
9.20% p.a.₹5 Cr70%15 yrs
Axis Bank
9.50% p.a.₹5 Cr70%15 yrs
IDFC First Bank
Highest LTV		10.75% p.a.₹5 Cr85%25 yrs
Godrej Capital
Highest Loan		10.99% p.a.₹10 Cr70%25 yrs
* LTV = % of property market value. Residential, commercial & industrial properties accepted. Updated March 2026.

LAP EMI Calculator

Estimate EMI based on your property value and loan amount

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💡 Get 65–85% of property value. Residential, commercial, or industrial properties accepted.

About Loan Against Property

What is LAP?

A Loan Against Property is a secured loan where you pledge your property (residential, commercial, or industrial) as collateral while continuing to use it. You get up to 65–85% of its market value at rates much lower than personal loans.

Eligibility

Age18 – 70 years
Salaried IncomeMin ₹12,000/month
Self-employed IncomeMin ₹1.5L/year
Credit Score700+
Property TypesResidential, Commercial, Industrial
LTV65–85% of market value

Common Uses

  • Business expansion
  • Debt consolidation
  • Wedding expenses
  • Medical emergencies
  • Education fees (domestic & abroad)
  • Home renovation
  • Any non-speculative purpose

Best For

  • Lowest rates: Aditya Birla Capital (8.75%), Bajaj Finance (8.99%)
  • Highest LTV: IDFC First Bank (85%)
  • Longest tenure: IDFC First, Godrej Capital (25 yrs)
  • Largest loans: Godrej Capital (up to ₹10 Cr)

Documents Required

  • PAN & Aadhaar
  • ITR / Salary slips (2–3 years)
  • Property documents (title deed, NOC)
  • Valuation report
  • 6 months bank statements

Frequently Asked Questions

Yes! Unlike selling the property, LAP allows you to pledge it as collateral while continuing to reside in or use it. Your day-to-day use is completely unaffected. The lender only has a claim if you default.
Most lenders accept: residential property (house, flat, apartment), commercial property (offices, shops), and industrial property (factories, warehouses). Agricultural land is typically not accepted. The property must be in your name and free from disputes.
At 65% LTV (Aditya Birla, HDFC), you'd get ₹65L. At 70% LTV (Bajaj, SBI), you'd get ₹70L. At 85% LTV (IDFC First), you'd get ₹85L. The lender will conduct a property valuation to confirm market value.
Yes — significantly. Personal loans start at ~10% p.a., while LAP starts at 8.75%. For large amounts (₹20L+) over long tenures, this difference translates to lakhs in interest savings. LAP also allows much larger loan amounts.

Unlock Your Property's Potential

Expert guidance — get the best LAP deal with complete documentation support

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Theo

Your AI Financial Expert

👋 Hi! I'm Theo, your AI financial expert. What are you looking for today?