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It is a secured loan that can be availed against existing residential/commercial property, to fulfil every personal need, business need or any unexpected financial expenditure. The property pledged acts as a collateral while you continue using it. As we understand your urgent need for funds; we provide a loan against your property with minimal documentation, competitive interest rates for longer tenure, and quick approvals with no hidden charges.
Our customized features and offerings on Loan against Property are designed to help you address your financial needs with the benefits of:
Yes, you can avail a loan even if you jointly own the property. However, all the property owners should be co-applicants to the loan.
Yes, you can avail the loan on your residential as well as commercial properties while you continue to enjoy using it as before.
With Grihum Housing Finance, you enjoy competitive Loan against Property interest rate starting from 11.00% p.a.
At Grihum Housing Finance, you can avail a flexible loan tenure ranging from 5 to 15 years, thus ensuring you enjoy affordable monthly instalments.
Our Loan against Property offering, helps you avail the best mortgage loan value from as low as ₹5 Lakhs to ₹25 Lakhs depending on your eligibility.
Zero charges are applied when you choose to foreclosure or prepay your loan availed other than Business end Usage.
The Loan against Property is a convenient option to finance your business as well as personal needs by pledging your property, be it self-occupied or rented as collaterals:
You can check the complete list of documents required as per your applicant category in our Eligibility and Documents section.
Our affordable Loan against Property can be availed by individuals as well as non-individual entities / companies to meet every financial need, be it business or personal. To know and understand your eligibility criteria, please refer to our Eligibility and Documents.
No. The tax benefits are limits only to Home loans and are not applicable for LAP.
A Loan against property or LAP is a type of secured loan under which the property is kept as collateral for the loan amount.
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