From 9.24%* p.a.
Loan Against Property (Mortgage Loan) in Surat
Your property can help you raise a large amount at a much lower rate than a personal or unsecured business loan, while you keep using it. We find the lender that gives you the best value for your property and the lowest rate for your profile.
What you can use it for
- Business expansion or working capital
- Children's higher education or marriage
- Medical emergencies
- Repaying expensive loans and credit card debt
- Buying another property
- Balance transfer of an existing LAP at a lower rate
Key features
- Lower interest rate than unsecured loans
- Tenure up to 15 years or more
- Up to 60% to 70% of the property market value
- Residential, commercial and industrial property accepted
- Balance transfer with top-up available
ROI & PF
Loan Against Property interest rates
Indicative starting rates. Your final rate depends on your profile and the lender.
| Bank / NBFC | Rate of interest | Processing fee |
|---|---|---|
| PNB Housing Finance | 9.24% p.a. onwards | 1% + GST |
| IDFC First Bank | 9.25% p.a. onwards | 2% + GST |
| HDFC Bank | 9.50% p.a. onwards | 1% + GST |
| IDBI Bank | 9.60% p.a. onwards | 1% + GST |
| Karur Vysya Bank | 10.00% p.a. onwards | 0.75% + GST |
| Axis Bank | 10.50% p.a. onwards | 1% + GST |
| Federal Bank | 10.50% p.a. onwards | 0.50% + GST |
| Union Bank of India | 10.55% p.a. onwards | 0.50% + GST |
*Rates are indicative and subject to change by the lender.
Who can apply
- Salaried or self-employed individuals and businesses
- Clear, marketable property title in the applicant or co-applicant name
- Steady income with ITR or salary proof
- Healthy CIBIL score
Documents required
Applicant
- PAN card and Aadhaar card
- Last 2 to 3 years ITR or salary slips with Form 16
- Last 12 months bank statement
- Business proof for self-employed
Property
- Title deed and chain of ownership documents
- Approved building plan
- Latest property tax receipt
- Society NOC or share certificate where applicable
EMI calculator
Know your EMI before you apply
Move the sliders to see your monthly EMI, total interest and total amount payable.
Get the best rateLoan Against Property across Gujarat
Based in Adajan, Surat, we help customers all over Gujarat by WhatsApp, phone and in person.
- Surat
- Ahmedabad
- Vadodara
- Rajkot
- Gandhinagar
- Bharuch
- Ankleshwar
- Navsari
- Valsad
- Vapi
- Bardoli
- Anand
- Bhavnagar
- Jamnagar
- Junagadh
- Mehsana
FAQs
Loan Against Property questions
How much loan can I get against my property?
Lenders usually give 60% to 70% of the market value of residential property and slightly less for commercial or industrial property, subject to your income and repayment capacity.
Can I keep using my property after taking the loan?
Yes. You continue to live in or use the property. The lender only keeps the original documents until the loan is repaid.
Is a mortgage loan the same as a loan against property?
Yes. Both terms mean a loan taken by mortgaging your residential or commercial property with a bank or NBFC.
What is the tenure of a loan against property?
Most lenders offer up to 15 years, and some go longer depending on your age and profile. A longer tenure means a lower EMI.
Other loans we arrange
Home Loan
Buy a flat, bungalow or plot, build your own house, or move your existing loan to a lower rate.
Learn more →Business Loan
Working capital, machinery, expansion or stock. Unsecured and secured options for traders, manufacturers and professionals.
Learn more →Used Car Loan
Buy a pre-owned car with easy EMIs, or refinance the car you already own to raise funds.
Learn more →Earn a reward of up to ₹50,000
Know someone who needs a loan? WhatsApp us their name and mobile number. When their loan is disbursed, you get rewarded.
Talk to us
Visit us in Adajan, Surat
- M-8, 2nd Floor, Western Plaza, B/s Bhulka Bhavan School, Adajan, Surat 395009
- +91 88668 88023
- Info@rupeemap.com
- Monday to Saturday, 10 am to 6:30 pm
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