Your property can
Loan against property turns the residential, commercial or industrial property you already own into long-term, low-cost funds — while you keep living in it or running your business from it.
- Higher amounts
- Ex-banker credit team
- Multi-lender comparison
Loan Against Property, explained simply
A loan against property (LAP) is a secured loan in which you mortgage a property you already own. Because the lender holds security, the amount is higher, the tenure longer and the rate of interest lower than any unsecured loan.
It is also an unmonitored loan: once sanctioned you decide how to use it — working capital, buying machinery, expanding the business, investing in another venture, buying another property or meeting a large personal need. Bhavya's in-house credit team prepares your file so the right lender sees your property and your cash flows at their best.
- Unlock funds from a freehold, self-occupied residence or an approved commercial / industrial property
- Rate of interest lower than personal or unsecured business loans
- Use the money for any legitimate business or personal purpose
- Balance transfer of an existing LAP to a lower rate, often with a top-up
- Choice of lenders across banks and NBFCs — one application, many options
- End-to-end support: valuation, legal, sanction and disbursal
Know your numbers before the bank does
How much of your property can work for you?
Eligible LAP = lower of (market value × indicative LTV for the property type) and (income-based maximum at 65% FOIR)
Property typeIndicative LTVs used: residential 65%, commercial 55%, industrial 50%. Actual LTV varies by lender, property and location. Final terms per lender appraisal.
EMI calculator Formula
EMI = P × r × (1+r)ⁿ ÷ [(1+r)ⁿ − 1] · r = annual rate ÷ 12 ÷ 100 · n = months
Indicative estimate using standard lending formulas and editable default rates. Final amount, rate and terms are decided by the lender after appraisal.
Prepayment saver Save interest
Interest saved = scheduled interest − interest after a lump-sum part-payment (tenure reduces, EMI unchanged)
Indicative estimate using standard lending formulas and editable default rates. Final amount, rate and terms are decided by the lender after appraisal.
Who qualifies
Self-employed Criteria
- Proprietor, partner or director of the business
- Business stable and profitable for the last 2 years, with ITRs filed
- Clean repayment track on existing loans
Property Criteria
- Title clear and free from encumbrance, with no pending litigation
- Freehold, self-occupied residence, or commercial / industrial property with approved sanction plan
- Owned by the applicant or a co-applicant
What you'll need
- Photograph of all applicants
- KYC: PAN card + Aadhaar / Passport / Driving Licence
- Residence proof: Passport / Voter ID / Driving Licence / recent electricity or telephone bill
- Office proof: GST registration / Udyam certificate / utility bill of the premises
- Income proof: last 2 years ITR with computation of income and financials
- Bank statement: last 6 months of the main business account
- Constitution proof: MOA–AOA / partnership deed (for companies and firms)
- Existing loans: repayment schedules / sanction letters of all running loans
- Property papers: complete chain of title documents of the property offered / being bought
- Ownership proof: electricity bill / house tax receipt / property papers of office or residence
- Audited financials: last 2 years with audit report and all schedules
- Photograph of all applicants
- KYC: PAN card + Aadhaar / Passport / Driving Licence
- Residence proof: Passport / Voter ID / Driving Licence / recent utility bill
- Employment proof: Employee ID / appointment letter / Form 16
- Income proof: last 3 months' salary slips
- Bank statement: last 6 months of the salary account
- Existing loans: repayment schedules of all running loans
- Property papers: complete chain of title documents of the property offered / being bought
Tip: use our document checklist builder to tick off what you have and send the pending list to us on WhatsApp.
When this loan is the right tool
From first question to disbursal, in four steps
Check eligibility
Use a calculator or the 3-step check. No effect on your credit score.
Share documents
Our checklist tells you exactly what's needed — send it on WhatsApp or drop it at our office.
Ex-banker pre-check
Our in-house credit team reviews your file and selects the lenders most likely to approve at the best rate.
Sanction & disbursal
We follow up with the lender until the money is in your account — and stay for after-sales support.
Loan Against Property: your questions answered
Lenders typically fund a share of the market value — highest for residential, lower for commercial and industrial property — and also check that your income can carry the EMI. Our Vault Dial calculator shows both limits and the lower of the two.
Yes. You continue to live in it, rent it out or run your business from it. Only the title documents are deposited with the lender until the loan is repaid.
Freehold self-occupied residences, and commercial or industrial property with an approved sanction plan. Lenders do not accept property with unclear title or pending litigation.
Yes, for any legitimate purpose — business, education, marriage, buying property. Lenders do not monitor the end use of a LAP, although speculative uses are excluded.
Under RBI's directions, floating-rate loans to individuals and micro & small enterprises sanctioned or renewed on or after 1 January 2026 carry no pre-payment charge. Fixed-rate loans follow the lender's terms.
Yes. A balance transfer moves your outstanding loan to a lender offering a lower rate, often with an additional top-up amount. Use our EMI Saver to see the monthly saving.
Once documents are complete, valuation and legal checks drive the timeline. Our internal credit team pre-checks your file so lenders receive it ready to decide.
Yes — all co-owners of the property are usually required as co-applicants, and adding an earning co-owner can also raise the eligible amount.
Borrowers who looked at lap also explored
Home Loan
For a new house, flat, kothi or apartment, a plot to build on, or renovating and furnishing your current home. Loans from ₹5 lakh, with approval…
Term Loan & Machinery Loan
A term loan is given in one shot against collateral security to meet long-term needs of the business — new machinery, expansion or long-term working…
Cash Credit Limit
A secured working capital limit, given on the basis of your turnover, stock and receivables. Draw what you need, repay when sales come in, and pay…
Apply for loan against property with an ex-banker on your side
One conversation, many lenders. We pre-check your file, negotiate the rate and stay with you after disbursal.
- WhatsApp+91 98717 48555
- Office011-45123555
- Emailsandeep@bhavyaa.com
Not sure which loan fits?
Answer four quick questions and we'll match you to the right product.
