Loan Against Property

A loan against property is a secured loan that is sanctioned keeping an asset as mortgage with the lender. This asset can either be an owned land, a house, or any other commercial premises. The asset remains as collateral with the lender until the entire loan against property amount is repaid.

This type of secured loan can be an alternative for unsecured personal loans as it also has no end-use restriction. However, the loan amount can be much higher and the tenure is also longer in this case. Loan against property interest rates are considerably lower as compared to any unsecured loan.

You can use these loans for business purposes like purchasing machinery, buying raw materials, purchasing equipment, funding of working capital, debt consolidation, etc. This type of loan can also cater to personal requirements like wedding, higher education, home renovation, buying a new home, managing medical expenses, etc.


A loan against property or a property loan is also known as a secured loan as one gives the bank/lender security in the form of a house, land or other property as collateral for the loan. … The loan amount is generally around 40 per cent to 60 per cent of the property’s market value

Get in Touch with us

You can also send us an email and we’ll get in touch shortly, or Help Line Number