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.
Enjoy lower interest rates compared to unsecured loans, reducing your overall borrowing costs.
Access up to 75% of your property’s market value, providing significant funds for your needs.
Use the loan for any purpose, from business expansion to personal expenses.
Benefit from extended repayment periods, easing the burden of monthly EMIs.
Retain ownership and use of your property while securing the loan.
Potential tax deductions if the loan is used for business purposes.
Boost your credit score with timely repayment of the loan.
Enjoy lower monthly payments due to favorable interest rates and long tenure.
Get faster access to funds with streamlined loan approval.
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.
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.
With a repayment tenure of up to 15 years, you can comfortably manage your EMIs without any difficulty.
Benefit from competitive interest rates with Ambak’s Property Loan, ensuring affordability and cost-effective financing.
Ambak’s Property Loan streamlines the application process with hassle-free documentation, making it convenient for you.
Enjoy flexible repayment options and an extended loan term with Ambak’s Property Loan, making it easier to manage your finances.
| Lender | Interest Rates | Processing Fee |
|---|---|---|
| Aavas | 12% - 14% | up to 1% |
| ABHFL | 11.50% - 14% | up to 1% |
| Axis Bank | 9.30% - 11% | up to 1% |
| Axis Finance | 11% - 13% | up to 1% |
| Bank of Baroda | 9.5% - 11.50% | up to 1% (Rs 8,500 upfront - Rs 75,000) |
| Bank of Maharashtra | 10.95% - 11.95% | 1% of loan amount |
| Cholamandlam | 10.75% - 13% | up to 1% |
| Deutsche Bank | 9.30% - 9.5% | up to 1% |
| Federal Bank | 11.90% - 13% | 1% of the loan amount |
| Godrej Capital | 9.75% - 11% | up to 2% |
| HDFC Bank | 9.25% - 10.00% | up to 1% of loan amount |
| ICICI Bank | 9.5% - 11.50% | up to 1% of loan amount |
| IDFC First Bank | 10.50% - 12.50% | up to 1% of loan amount |
| Kotak Mahindra Bank | 9.40% - 11% | up to 1% of loan amount |
| L&T Housing Finance | 9.60% - 12.50% | up to 1% of loan amount |
| Piramal | 11% - 14% | up to 1% |
| PNB Housing Finance | 10.40% - 12.75% | 0.75% of loan amount |
| Poonawala Fincorp | 9.5% - 12% | up to 1% |
| Sammaan Capital | 9.75% - 11.35% | 1% of loan amount |
| State Bank of India | 10.00% - 11.50% | 1% of loan amount (Max. Rs 50,000) |
| Tata Capital | 10.75% - 12% | up to 1% of loan amount |
| Union Bank of India | 10.35% - 12% | up to 1% of loan amount (Min. Rs 5,000 & Max. Rs 1 lakh) |
