Leverage Your Property for Larger Funding Needs
Explore loan against property options with guidance on valuation, documentation and lender requirements.
Understanding Loan Against Property
What is a loan against property?
A loan against property (LAP) is a secured loan given against an eligible residential or commercial property that you own.
What can it be used for?
Business expansion, working capital, education, medical needs, family events or debt consolidation — subject to lender policy.
Who may consider it?
Salaried and self-employed property owners who need a larger amount with a longer repayment period.
Typical loan structure
The loan amount is linked to the property's assessed value and your repayment capacity, repaid through EMIs over an agreed tenure.
Key Features & Use Cases
Availability of each option is subject to lender policy.
Residential property
Against self-occupied or rented homes and flats.
Commercial property
Against eligible shops, offices or commercial premises.
Business funding
Funds for growth, working capital or equipment.
Personal requirements
Education, medical or family expenses.
Debt consolidation
Restructuring multiple borrowings, where suitable.
Balance transfer
Moving an existing LAP to another lender, where applicable.
Typical Eligibility
Factors usually considered:
- Clear and marketable title of the property
- Property type, age, location and value
- Income and repayment capacity
- Credit history
- Existing obligations
- Profile of all property co-owners
Eligibility criteria may vary depending on the lender, applicant profile, income, credit history, property and other applicable factors.
Documents Typically Required
Basic KYC
- Identity proof (Aadhaar, passport, voter ID, etc.)
- Address proof
- PAN card
- Recent passport-size photographs
Salaried applicants
- Recent salary slips
- Form 16 / income tax returns
- Bank statements (typically last 6 months)
- Employment proof / ID card
Self-employed applicants
- Income tax returns with computation
- Audited financials / profit & loss and balance sheet, where applicable
- Business bank statements
- Business proof (GST, registration, licence, etc.)
Property documents
- Title deed and previous chain documents
- Approved building plan
- Property tax receipts
- Occupancy / completion certificate, where applicable
Additional documents may be requested by the respective lender based on the applicant and transaction.
How the Process Works
- 01
Share Your Requirement
Tell us what you need through the form, WhatsApp or a call.
- 02
Profile & Document Review
We understand your profile and review the documents.
- 03
Explore Suitable Options
We help you compare options from our lending network.
- 04
Application & Lender Coordination
We assist with the application and coordinate with the lender.
- 05
Approval / Disbursement
As per the lender's process and assessment.
Guidance You Can Rely On
Personalised Guidance
Advice shaped around your situation.
Multiple Financial Solutions
Loans and insurance under one roof.
Transparent Communication
Clear updates, no hidden surprises.
End-to-End Assistance
Support from enquiry to completion.
Lender Coordination
We follow up so you don't have to.
Loan Against Property — Frequently Asked Questions
Which properties are eligible?
Eligible residential and commercial properties with clear title, subject to lender policy.
How much can I borrow?
It depends on the property's value, your income and the lender's assessment.
Can I use the funds for any purpose?
Most legitimate personal or business purposes are allowed; lenders may restrict speculative uses.
Is a co-owner required to be an applicant?
Usually yes — all property owners are generally required to join the loan.
How is LAP different from a personal loan?
LAP is secured against property and may allow larger amounts and longer tenures than an unsecured loan.
What verification is involved?
Lenders carry out legal and technical checks of the property along with your profile review.
Looking for the Right Loan Against Property Solution?
Share your requirement and let our team help you explore suitable options.
Arthmitra Financial Services facilitates financial assistance and acts as an intermediary/channel partner where applicable. Approval, eligibility, interest rates, premiums, terms, documentation and other conditions are subject to the respective financial institution or insurer’s policies.