Loan Against Property at 8.75%* p.a. — get high loan value
- Up to 70% of your property's market value
- Residential & commercial property accepted
- Lower interest rate than unsecured loans
Interest from
8.75% p.a.
Loan up to
₹10 Crore
Tenure
Up to 20 years
Loan Against Property at a Glance
| Feature | Details |
|---|---|
| Interest Rate | 8.75% – 15% p.a. |
| Loan Amount | Up to 70% of property value |
| Tenure | Up to 20 years |
| Processing Fee | 0.5% – 2% of loan amount |
| Property Type | Residential, commercial, industrial |
| End Use | Business, education, wedding, medical & more |
Loan Against Property Interest Rates
Compare offers from our lending partners. Rates are indicative and depend on your profile.
ICICI Bank
Tata Capital HousingKey Features & Benefits
High Loan Amount
Get large funds based on your property value.
Lower Interest
Secured loan means lower rates than personal loans.
Keep Using Property
Continue to live in or rent out your property.
Long Tenure
Repay comfortably in up to 20 years.
Loan Against Property EMI Calculator
Use the sliders to see your monthly EMI and total interest.
Your Monthly EMI
₹26,106
Eligibility Criteria
- Age between 25 and 70 years (at loan maturity)
- Salaried or self-employed with regular income
- Self-owned property with clear title
- Good credit score (700+)
Documents Required
- KYC documents — PAN, Aadhaar
- Income proof — salary slips / ITR
- Last 6–12 months bank statement
- Complete property chain documents
Fees & Charges
| Particulars | Charges |
|---|---|
| Processing Fee | 0.5% – 2% of loan amount |
| Prepayment (floating rate) | Nil for individuals |
| Legal & Valuation Charges | As per actuals |
| Late EMI Payment | 2% per month on overdue amount |
How to Apply for Loan Against Property via MyLoanWala
- 1
Fill a short form with your name, mobile number and loan requirement.
- 2
Our loan expert calls you and compares offers from multiple banks & NBFCs.
- 3
Choose the best offer and submit documents online.
- 4
Get approval and money credited directly to your bank account.
Loan Against Property — FAQs
How much loan can I get against my property?
Typically 50% to 70% of the current market value of the property, depending on the lender and property type.
Can I get a loan against a property that is jointly owned?
Yes, but all co-owners need to be co-applicants on the loan.