Loan Against Property (LAP)
Funds against a house, shop or office you own. Compare published rates, eligibility and documents from SBI Bank, HDFC Bank, ICICI Bank, Aditya Birla Capital (ABFL), SG Finserve (SGFL).
- Interest from
- 7.75%*
- Loans from
- ₹5L
- Tenure up to
- 10 yrs
Compare lenders
LAP from India’s leading lenders
Published rates and limits. The bank decides the final rate, amount and fees for each customer.
SBI Bank
Public sector bank
- Interest
- 10.30% – 11.85% p.a.
- Amount
- ₹10 lakh – ₹7.5 crore (subject to property location)
- Tenure
- 5 – 10 years
- Loan-to-value
- 65% of property value up to ₹1 crore; 60% above ₹1 crore
- No prepayment penalty
- Interest on daily reducing balance
- No proof of end use needed, only an undertaking
- Residential and commercial property accepted
Partner commission
Variable payout, as agreed with each bank or NBFC
Source: SBI Loans Against Property
HDFC Bank
Private sector bank
- Interest
- 8.55% – 13.00% p.a.
- Amount
- Up to 65% of the property’s market value
- Tenure
- Up to 10 years
- Loan-to-value
- Up to 65% of market value (up to 50% for loans against commercial rental income)
- Use for personal or business needs
- Decision within 7 days of a complete application
- EMI or dropline overdraft repayment
- Doorstep service
Partner commission
Variable payout, as agreed with each bank or NBFC
Source: HDFC Bank Loan Against Property
ICICI Bank
Private sector bank
- Interest
- 10.60% – 12.25% p.a.
- Amount
- Up to 75% of the property’s market value
- Tenure
- Up to 10 years
- Loan-to-value
- Up to 75% of market value, depending on property type and eligibility
- Instant provisional sanction
- Overdraft facility: pay interest only on what you use
- Top-up on an existing mortgage loan
- Special LTV for doctors
Partner commission
Variable payout, as agreed with each bank or NBFC
Source: ICICI Bank Loan Against PropertyAditya Birla Capital (ABFL)
NBFC · Aditya Birla Group
- Interest
- 7.75% – 20.00% p.a.
- Amount
- ₹5 lakh – ₹25 crore, based on property value and need
- Tenure
- Up to 10 years
- Loan-to-value
- Up to 75% of the property’s market value
- Use for business expansion, education, medical needs, renovation or debt consolidation
- High loan-to-value: up to 75%
- Micro LAP for small business owners and the self-employed
- Residential and commercial property accepted
Partner commission
Variable payout, as agreed with each bank or NBFC
Source: Aditya Birla Capital Loan Against Property
SG Finserve (SGFL)
NBFC · APL Apollo Group
- Interest
- As per SGFL sanction
- Amount
- As per SG Finserve’s credit policy (not published online)
- Tenure
- Up to 10 years
- Loan-to-value
- As per SG Finserve’s policy (not published online)
- Listed NBFC of the APL Apollo Group
- Loan Against Property is one of its lending businesses
- Rate, amount and LTV are confirmed in the sanction letter
*Rates as published on the lenders’ websites on 24 Oct 2026; subject to change. Approval, rate and fees are at the lender’s sole discretion.
Highlights
- Loan Against Property (LAP) from SBI Bank, HDFC Bank, ICICI Bank, Aditya Birla Capital (ABFL) and SG Finserve (SGFL)
- Interest from 7.75% p.a.* (ABFL) and 8.55% p.a.* (HDFC Bank); SBI Bank 10.30%–11.85%; ICICI Bank 10.60%–12.25%
- Up to 65% of property value (SBI Bank, HDFC Bank) and up to 75% (ICICI Bank, ABFL)
- Repayment up to 10 years
- Processing fee: negotiable
- Residential and commercial property accepted (HDFC Bank and ICICI Bank also industrial)
Who can apply
- Salaried and self-employed property owners (property in own name, or a close family member as co-owner per bank rules)
- Age: SBI Bank repaid before age 70; HDFC Bank 21–65; ICICI Bank 20–65 (salaried), 21–70 (self-employed)
- SBI Bank and ABFL: monthly income at least ₹25,000; ICICI Bank: credit score 700+; ABFL: credit score 675+
- Property with clear title; the lender values it and lends a share of that value (LTV)
- SBI Bank’s LAP is for personal purposes only; HDFC Bank, ICICI Bank and ABFL also allow business use
Documents
KYC
- PAN card
- Aadhaar card
- Photographs
Income
- Salaried: salary slips, Form 16, bank statements
- Self-employed: ITR with financials, business bank statements
Property
- Title deed / sale deed and previous chain
- Approved building plan
- Latest property tax receipt
- Encumbrance certificate (as asked by the bank)
Note
- The bank decides the final document list for each customer
For partners
How you earn with this product
- 1
Refer a customer who needs funds against their property, in under 2 minutes
- 2
The bank or NBFC checks the customer and decides the loan
- 3
Commission is variable: it depends on the lender and the product, and is credited to your wallet when the loan is disbursed
- 4
Withdraw to your bank account anytime (min ₹100)
Selling tips
- • Business owners and professionals who own a house, shop or office are ideal LAP customers.
- • LAP rates are usually much lower than unsecured loans because the property is security.
- • Ask the purpose first: SBI Bank’s LAP is for personal needs only; HDFC Bank, ICICI Bank and ABFL also fund business needs.
- • Explain clearly: the property is mortgaged until the loan is repaid. Never pressure a customer.
EMI calculator
Monthly EMI
₹27,043
- Principal
- ₹20,00,000
- Total interest
- ₹12,45,163
- Total payable
- ₹32,45,163
Indicative only. The bank decides the final rate and EMI.