Unlock Your Home’s Potential

Finance Your Dreams with Loans against Your Property

As high as

15 Cr

Loan Amount

As low as

9.3%

Interest Rates

Upto

85%

of Property Value

Quick Sanction Guaranted

Turn Your Property into Capital with a Loan Against Property

Looking for a way to meet your financial needs without selling your property? A Loan Against Property (LAP) is the perfect solution. LAP allows you to leverage the value of your residential, commercial, or industrial property to access substantial funds for personal or business purposes. With flexible tenures of up to 20 years and loan amounts up to 85% of your property’s market value, LAP is a cost-effective, secured loan option that helps you retain ownership while fulfilling your financial goals

Additionally, many lenders offer Lease Rental Discounting (LRD), providing even more flexibility by allowing you to pledge rental receipts from tenants. Whether you’re expanding your business or managing personal finances, LAP offers competitive interest rates and a reliable way to unlock the potential of your property.

Why Loan Against Property ?

Lower Interest Rates

Enjoy lower interest rates compared to unsecured loans, reducing your overall borrowing costs.

High Loan Amount

Access up to 75% of your property’s market value, providing significant funds for your needs.

Flexible Use Of Funds

Use the loan for any purpose, from business expansion to personal expenses.

Longer Repayment Tenure

Benefit from extended repayment periods, easing the burden of monthly EMIs.

Continued Ownership Of Property

Retain ownership and use of your property while securing the loan.

Tax Benefits

Potential tax deductions if the loan is used for business purposes.

Improving Credit Score

Boost your credit score with timely repayment of the loan.

Lower EMIs

Enjoy lower monthly payments due to favorable interest rates and long tenure.

Quick Approval Process

Get faster access to funds with streamlined loan approval.

Features & Benefits of Loan Against Property

Features and Benefits of loan against Property

Mortgage Loan Amount

You can receive a loan ranging from INR 20 lakh to INR 7.5 crore, determined by the market value of your property and your eligibility.

LTV Ratio

The Loan-to-Value (LTV) Ratio can be as high as 85% of your property’s value, offering ample funds to meet your goals and allowing for a larger loan amount based on your property’s worth.

Flexible Tenure

With a repayment tenure of up to 15 years, you can comfortably manage your EMIs without any difficulty.

Low Interest Rate

Benefit from competitive interest rates with Ambak’s Property Loan, ensuring affordability and cost-effective financing.

Hassle-Free Documentation

Ambak’s Property Loan streamlines the application process with hassle-free documentation, making it convenient for you.

Easy Repayment, Longer Tenure:

Enjoy flexible repayment options and an extended loan term with Ambak’s Property Loan, making it easier to manage your finances.

Our Partners For Loan Against Property

Lender	Min Rates (P.A.)	Max Rates (P.A.)	Processing Fee
Bank of Maharashtra	8.75% onwards	11.95% onwards	-
Central bank of India	8.65% onwards	13% onwards	-
Union bank of India	9.4% onwards	12.85% onwards	-
State Bank of India	9.2% onwards	10.5% onwards	-
Punjab National Bank	7.75% onwards	11.85% onwards	-
HDFC Bank	9% onwards	13.5% onwards	-
ICICI Bank	10.6% onwards	12.5% onwards	-
Bajaj Housing Finance	8.45% onwards	18% onwards	0.75% of loan amount + GST
Bank of Baroda	7.9% onwards	18.25% onwards	For Term Loan: 1% of loan amt (Max capping: Rs.1.5 lacs) + GST?For Retail OD: 0.35% of loan amt (Max capping: Rs.75,000) + GST
UCO Bank	9.5% onwards	11.25% onwards	-
Federal Bank	9.5% onwards	12.6% onwards	-
IDBI Bank	8.1% onwards	11.55% onwards	-
L&T Housing Finance	0% onwards	9.55% onwards	1% of loan amount + GST
IDFC First Bank	9.5% onwards	16.5% onwards	-
Kotak Bank	9.5% onwards	13% onwards	-
Induslnd Bank	8.5% onwards	14% onwards	-
ICICI HFC	10.6% onwards	10.5% onwards	-
PNB Housing Finance	8.75% onwards	12% onwards	-
IIFL	10.65% onwards	14.75% onwards	-
Hero Housing Finance	9.5% onwards	14% onwards	-
AU Small Finance Bank	9% onwards	22% onwards	-
Bandhan bank	11.89% onwards	17% onwards	-
Piramal Finance	9.5% onwards	24% onwards	-
GIC Housing Finance	8.8% onwards	16% onwards	-
Aadhar Housing Finance	11.75% onwards	17% onwards	-
Jio Finance	9.5% onwards	15% onwards	1-2% of loan amount + GST
Ujjivan Small Finance Bank	9.5% onwards	19% onwards	-
Godrej Housing Finance	9.5% onwards	16% onwards	-
Samman Capital	9.75% onwards	17% onwards	1% of loan amount + GST or Rs.2000 + GST (For prime property)

Get in touch with us.

Drop in your details and we will call you back to address all your questions.

FAQs

1. What Do Mortgage Lenders Consider?
- Stable Income: Lenders favor borrowers with a consistent and reliable income. If your income is unstable or speculative, obtaining a loan against property may be more challenging
- Age Factor: Younger borrowers are often preferred, as earning potential typically decreases with age. Financial institutions are more likely to lend to individuals who are early in their careers rather than those nearing retirement.
- Occupation: Salaried individuals generally have a predictable income, unlike business owners or self-employed individuals whose earnings can fluctuate with market conditions. Because of this risk, lenders often prefer salaried over non-salaried applicants.
- Place of Residence: Loans are not typically available for agricultural property or land without government approval. Therefore, the location of your residence and the property you intend to mortgage is crucial.
2. How Can a Loan Against Property Be Used?
- Business / Commercial Purposes: In India, a loan against property can help you grow your business, purchase machinery, maintain cash flow, or fund new projects.
- Debt Consolidation: LAP loans allow you to consolidate multiple smaller, high-interest loans into a single, more affordable loan with a longer tenure.
- Lease Rent Discounting (LRD): LRD enables you to use rental income as collateral to secure a LAP loan from Ambak. Rental income is used to pay off EMIs, allowing you to invest in new properties and benefit from tax deductions.
- New Commercial Property: Use a LAP to acquire new commercial property, expand your business, increase revenue, and pay off your loan.
3. When Should You Take a Loan Against Property for Your Business?
- Inventory Management: Adequate funding is essential for maintaining and expanding inventory, which is crucial for meeting customer demand. A mortgage loan can provide the necessary financial support.
- Machinery and Equipment: Replacing or repairing old machinery, or investing in the latest equipment, requires significant capital. A property loan can help you manage production efficiently and reduce risks associated with outdated equipment.
- Cash Flow Management: Unsold inventory or delayed payments from customers can strain your cash flow. A LAP loan can ensure smooth operations and cover essential expenses such as rent, staff salaries, and utilities.
- Business Expansion: When looking to grow your business, a lack of funds should not hold you back. A loan against property can be used to hire more employees, acquire new premises, market your business, or revamp your operations.
4. How can I enhance my eligibility?
You can boost your eligibility by including additional income sources such as rent, dividends, agricultural income, bonuses, or monthly incentives. Additionally, including a co-applicant’s income can also improve your eligibility.
5. What types of properties can be used as collateral?
Self-occupied residential properties, commercial properties (such as offices and shops), and alternative properties (like industrial properties, schools, hospitals, hotels, etc.) can be used as collateral.
6. Is a guarantor required?
A guarantor is typically not required, but it may depend on the loan facility and the customer's financial stability.
7. Does the property need to be insured?
Yes, the property must be properly insured against fire and other relevant hazards throughout the loan tenure. You will need to provide proof of insurance each year and/or whenever requested.
8. Can I get a LAP against a rented property?
Yes, you can obtain a LAP against a rented property, though the Loan-to-Value (LTV) ratio may vary in such cases.
9. Can I transfer my LAP to another financial institution for a higher amount or extended tenure?
Yes, borrowers can transfer their LAP to another financial institution to secure a higher loan amount, extended tenure, or both.

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Lender

Min Rates (P.A.)

Max Rates (P.A.)

Processing Fee

Bank of Maharashtra

8.75% onwards

11.95% onwards

Central bank of India

8.65% onwards

13% onwards

Union bank of India

9.4% onwards

12.85% onwards

State Bank of India

9.2% onwards

10.5% onwards

Punjab National Bank

7.75% onwards

11.85% onwards

HDFC Bank

9% onwards

13.5% onwards

ICICI Bank

10.6% onwards

12.5% onwards

Bajaj Housing Finance

8.45% onwards

18% onwards

0.75% of loan amount + GST

Bank of Baroda

7.9% onwards

18.25% onwards

For Term Loan: 1% of loan amt (Max capping: Rs.1.5 lacs) + GST?For Retail OD: 0.35% of loan amt (Max capping: Rs.75,000) + GST

UCO Bank

9.5% onwards

11.25% onwards

Federal Bank

9.5% onwards

12.6% onwards

IDBI Bank

8.1% onwards

11.55% onwards

L&T Housing Finance

0% onwards

9.55% onwards

1% of loan amount + GST

IDFC First Bank

9.5% onwards

16.5% onwards

Kotak Bank

9.5% onwards

13% onwards

Induslnd Bank

8.5% onwards

14% onwards

ICICI HFC

10.6% onwards

10.5% onwards

PNB Housing Finance

8.75% onwards

12% onwards

IIFL

10.65% onwards

14.75% onwards

Hero Housing Finance

9.5% onwards

14% onwards

AU Small Finance Bank

9% onwards

22% onwards

Bandhan bank

11.89% onwards

17% onwards

Piramal Finance

9.5% onwards

24% onwards

GIC Housing Finance

8.8% onwards

16% onwards

Aadhar Housing Finance

11.75% onwards

17% onwards

Jio Finance

9.5% onwards

15% onwards

1-2% of loan amount + GST

Ujjivan Small Finance Bank

9.5% onwards

19% onwards

Godrej Housing Finance

9.5% onwards

16% onwards

Samman Capital

9.75% onwards

17% onwards

1% of loan amount + GST or Rs.2000 + GST (For prime property)

FAQs

1. What Do Mortgage Lenders Consider?
- Stable Income: Lenders favor borrowers with a consistent and reliable income. If your income is unstable or speculative, obtaining a loan against property may be more challenging
- Age Factor: Younger borrowers are often preferred, as earning potential typically decreases with age. Financial institutions are more likely to lend to individuals who are early in their careers rather than those nearing retirement.
- Occupation: Salaried individuals generally have a predictable income, unlike business owners or self-employed individuals whose earnings can fluctuate with market conditions. Because of this risk, lenders often prefer salaried over non-salaried applicants.
- Place of Residence: Loans are not typically available for agricultural property or land without government approval. Therefore, the location of your residence and the property you intend to mortgage is crucial.
2. How Can a Loan Against Property Be Used?
- Business / Commercial Purposes: In India, a loan against property can help you grow your business, purchase machinery, maintain cash flow, or fund new projects.
- Debt Consolidation: LAP loans allow you to consolidate multiple smaller, high-interest loans into a single, more affordable loan with a longer tenure.
- Lease Rent Discounting (LRD): LRD enables you to use rental income as collateral to secure a LAP loan from Ambak. Rental income is used to pay off EMIs, allowing you to invest in new properties and benefit from tax deductions.
- New Commercial Property: Use a LAP to acquire new commercial property, expand your business, increase revenue, and pay off your loan.
3. When Should You Take a Loan Against Property for Your Business?
- Inventory Management: Adequate funding is essential for maintaining and expanding inventory, which is crucial for meeting customer demand. A mortgage loan can provide the necessary financial support.
- Machinery and Equipment: Replacing or repairing old machinery, or investing in the latest equipment, requires significant capital. A property loan can help you manage production efficiently and reduce risks associated with outdated equipment.
- Cash Flow Management: Unsold inventory or delayed payments from customers can strain your cash flow. A LAP loan can ensure smooth operations and cover essential expenses such as rent, staff salaries, and utilities.
- Business Expansion: When looking to grow your business, a lack of funds should not hold you back. A loan against property can be used to hire more employees, acquire new premises, market your business, or revamp your operations.
4. How can I enhance my eligibility?
You can boost your eligibility by including additional income sources such as rent, dividends, agricultural income, bonuses, or monthly incentives. Additionally, including a co-applicant’s income can also improve your eligibility.
5. What types of properties can be used as collateral?
Self-occupied residential properties, commercial properties (such as offices and shops), and alternative properties (like industrial properties, schools, hospitals, hotels, etc.) can be used as collateral.
6. Is a guarantor required?
A guarantor is typically not required, but it may depend on the loan facility and the customer's financial stability.
7. Does the property need to be insured?
Yes, the property must be properly insured against fire and other relevant hazards throughout the loan tenure. You will need to provide proof of insurance each year and/or whenever requested.
8. Can I get a LAP against a rented property?
Yes, you can obtain a LAP against a rented property, though the Loan-to-Value (LTV) ratio may vary in such cases.
9. Can I transfer my LAP to another financial institution for a higher amount or extended tenure?
Yes, borrowers can transfer their LAP to another financial institution to secure a higher loan amount, extended tenure, or both.

Unlock Your Home’s Potential

Turn Your Property into Capital with a Loan Against Property

Get in touch with us.

FAQs

Lower interest rates than your pre-approved offer?

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Unlock Your Home’s Potential

Turn Your Property into Capital with a Loan Against Property

Get in touch with us.

FAQs

Lower interest rates than your pre-approved offer?