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Unlock Funds From a Property You Already Own
If you own residential or commercial property, free and clear or still on an existing loan, you can borrow against its value for business, education, medical costs, or almost any other purpose — usually at a lower rate than a personal loan, since the property secures it.
How It Works
Your property's value, put to work
A loan against property (LAP) uses residential or commercial property you already own as collateral, letting you borrow a portion of its current market value — typically a lower loan-to-value ratio than a home purchase loan, since the property is existing rather than being bought with the loan itself. Because the loan is secured, interest rates are usually meaningfully lower than an unsecured personal loan for a similar amount.
Common reasons people use LAP
- Expanding or launching a business, using property as collateral instead of unsecured business debt.
- Funding a child's higher education, often at a lower rate than an education loan.
- Covering a medical emergency without liquidating savings or investments.
- Consolidating multiple high-interest debts into a single, lower-rate secured loan.
What's eligible
- Self-occupied or rented residential property.
- Commercial property — shops, offices, small commercial units.
- Clear, marketable title is essential — property with unresolved ownership disputes or an incomplete title chain will not qualify with most partner lenders.
Documents checklist
- Aadhaar and PAN
- Property title documents and encumbrance certificate
- Income proof appropriate to your employment type (see the self-employed loan page if this applies to you)
- Existing loan statement, if the property already carries a home loan
- Property tax receipts, up to date
Get Started
Check what you qualify for
Soft check only — this does not affect your CIBIL score.
Questions
Loan Against Property FAQ
There is no restriction on end-use for most partner lenders — common uses include business expansion, education, medical expenses, or consolidating higher-cost debt.
Yes, in many cases — partner lenders can lend against the equity you've already built up, though the exact amount depends on your outstanding balance and the property's current value.
Most partner lenders require the property to be residential or commercial; agricultural land typically isn't eligible for a standard loan against property.