 How to unlock funds using your property without selling it

Complete Guide to Loan Against Property (LAP)

A Loan Against Property is a secured loan using your property as collateral for funds.

What is a LAP Loan

LAP offers lower interest rates and flexible repayment compared to personal loans

You retain property ownership even after taking the loan as long as EMIs are paid.

Use LAP funds for education, medical, weddings, renovation, or business needs

Eligibility includes property ownership, regular income, age 21+ and stable finances.

Fill application, attach documents, and submit to bank or compare lenders online

Typical docs include ID proof, income proof, property paperwork, and application form

Failure to pay EMIs may lead to property possession by the lender. 

Compare interest, tenure, and eligibility from different banks and NBFCs before choosing