Unlock the Value of Your Property with KreditMudra LAP Loans
A Loan Against Property (LAP) is a secured loan where you pledge your residential or commercial property as collateral to obtain funds. It's a versatile financial solution that can help you meet various needs, whether it's business expansion, debt consolidation, education, medical emergencies, or home renovation.
Interest rate
9.00% p.a. onwards
Loan amount
Up to 70% of property value
Tenure
Up to 20 years
Loan Against Property (Commercial or Residential): typically used for business expansion, working capital requirements, purchasing new business equipment, or personal needs like education, medical expenses, home renovation, or family weddings.
Loan Against Special Category Property (school, college, hospital, warehouse, PG property or multi-unit property): can help you meet various needs, whether it's business expansion or debt consolidation.
Top-Up Loan Against Property: can be used for any personal or business need, providing extra funds on top of the existing loan.
Balance Transfer Loan Against Property: helps reduce the overall interest burden or increase the tenure to manage loan repayments more efficiently.
Loan support for construction of commercial property: can be used to construct a commercial property for business use or to lease out to others for rental income.
Why this works in your favour
Lower Interest Rates
Lower interest rates reduce your overall cost of borrowing, making your monthly repayments more affordable.
Higher Loan Amount
Suitable for large expenses such as business expansion, education, medical emergencies, or home renovation.
Higher Repayment Tenure
Longer tenures translate to smaller monthly instalments, easing your financial burden and helping you manage cash flow better.
Multipurpose Use
You can use the funds for any personal or business need, giving you flexibility and freedom to allocate resources where they are most needed.
Retain Ownership
You continue to retain ownership and usage of the property while using it as collateral.
Balance Transfer
Move an existing high-cost loan to a lender offering a lower rate of interest and better terms.
Loan Against Property: every variant
Select a product to see how it works and how we help you secure it.
Loan Against Residential Property
Finding the best loan against a residential property? KreditMudra offers you LAP with reliable and genuine support in choosing a top lender. Whether you are facing a financial crisis for higher education, expanding a business, funding a marriage, or dealing with a medical emergency, a loan against residential property can be a perfect solution to access high-value loan funds at the lowest interest rates.
KreditMudra provides expert support and guidance throughout the loan process. We assist with eligibility checks, applications, documentation, disbursement, and, last but not least, repayment.
Key highlights
Lower interest rates
Higher loan amount
Higher repayment tenure
Multipurpose use
Retain ownership of your property
Balance transfer with a lower rate of interest
Eligibility criteria
Salaried or self-employed applicants aged 21–70 at maturity
Clear and marketable title to the pledged property
Stable, documented income supporting the EMI obligation
Property free from existing encumbrances, or transferable
Satisfactory repayment track record
Documents required
KYC documents of all applicants and co-applicants
Complete property chain documents and latest tax paid receipts
Encumbrance certificate and approved building plan
Income proof: salary slips or last 2 years' ITR and financials
Last 6–12 months' bank statements
Criteria and documentation vary between lenders. We confirm the exact requirement for your chosen lender before you submit anything.
Estimate your LAP loan EMI
Adjust the amount, rate and tenure to see what the repayment would look like.
Your monthly EMI
₹25,357
- Principal₹25 L
- Total interest₹20.64 L
- Total payable₹45.64 L
Indicative only. Your actual EMI depends on the lender's final approved rate, processing fees and insurance.
Get offers at this amountLoan Against Property: common questions
Lenders typically fund 50–70% of the assessed market value. Residential property attracts the highest loan-to-value; commercial and special-category properties such as schools or hospitals are funded more conservatively.
No. You retain full ownership and continue to occupy or rent out the property. The lender holds a charge on the title as security, which is released once the loan is fully repaid.
Yes. A balance transfer moves your outstanding to a lender offering a lower rate, and you can usually take a top-up at the same time. On floating-rate loans to individuals, RBI rules mean no foreclosure charges apply.
Some lenders do fund these, though at a lower loan-to-value and a slightly higher rate. We know which institutions are currently active on such properties in Bengaluru and route your file accordingly.
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