Shivalik Small Finance Bank offers home loans under its **Ghar-Angan scheme** with financing up to **90% of property value**, maximum loan amounts of **₹50 lakh**, and tenures up to **20 years**. As of November 2026, interest rates start at **9 p.a. For salaried borrowers with CIBIL 750+**, rising to **9 p.a. For self-employed applicants**.

Shivalik Small Finance Bank's home loan portfolio is anchored in secured lending, with **90% of its loan book backed by collateral**, and targets first-time buyers in the **₹10–50 lakh loan range**. Shivalik Small Finance Bank offers Loan Against Property (LAP) with a maximum Loan-to-Value (LTV) ratio of 70% and a maximum tenure of 20 or 25 years. The LAP interest rate ranges from 9 to 12 p.a., depending on applicant profile, property valuation, and creditworthiness. The following table provides a full overview of key features, eligibility benchmarks, and financial parameters for Shivalik Small Finance Bank Loan Against Property as of 2026:

A borrower with a floating-rate LAP can foreclose without penalty, but fixed-rate loans attract 2–6% charges — a key cost differentiator. Shivalik SFB requires a minimum CIBIL score of 650 for LAP applicants. The loan is available to individuals aged 21 to 65 years with a stable income source.

1. Minimum age: 21 years at the time of application; maximum age: 65 years at loan maturity
2. Minimum credit score: CIBIL 650+ (lower scores may be considered with higher down payment or co-applicant)
3. Loan-to-Value (LTV) limit: Up to 75% for residential properties; 65% for commercial properties
4. Minimum income requirement: ₹30,000 per month for salaried; ₹40,000 per month for self-employed
5. Employment type: Salaried professionals, self-employed individuals, and business owners eligible
6. Residency status: Indian residents only; NRIs not eligible for LAP at present
7. Property type: Completed residential or commercial properties only; under-construction properties not accepted

Eligibility is assessed based on income stability, credit history, and property valuation. Shivalik Small Finance Bank requires the following documents for a Loan Against Property (LAP) application in 2026: 1. **Identity Proof** – Acceptable documents include Aadhaar card, PAN card, passport, or voter ID (must be government-issued and valid). 2. **Address Proof** – Required documents: Aadhaar card, passport, utility bill (not older than 3 months), or rental agreement. 3. **Income Proof (Salaried)** – Latest 3 months' salary slips and Form 16 or IT returns for the last 2 years. 4. **Income Proof (Self-Employed)** – Audited financial statements and ITR for the last 2 years; minimum annual ITR of ₹2.5 lakh+ required. 5. **Property Title Documents** – Registered sale deed, property tax receipt, encumbrance Certificate (last 15 years), and approved building plan. 6. **Legal & Technical Valuation Report** – Conducted by bank-approved agencies; typically takes 4–7 days to process. 7. **Bank Statements** – Personal and business (if applicable) for the last 6 months to assess cash flow and repayment capacity. Processing time for LAP applications is typically 7–10 working days after document submission, provided all documents are complete and the property valuation is clear. Shivalik Small Finance Bank offers Loan Against Property (LAP) with a maximum LTV of 70% and tenure up to 20 or 25 years. The interest rate for LAP ranges between 9 and 12, varying by applicant profile. For accurate EMI calculation, borrowers must consider loan amount, rate, and tenure. The following table shows EMI calculations for different loan amounts at varying interest rates offered by Shivalik SFB for LAP, assuming a 20-year tenure:

EMI varies significantly based on borrower category. Salaried applicants benefit from lower rates starting at 9, while non-salaried applicants face higher rates up to 0. A ₹50 lakh LAP at the lowest rate results in an EMI of ₹45,832, whereas the same loan at a higher rate increases EMI to ₹48,211. The application process for Shivalik Small Finance Bank Loan Against Property (LAP) typically takes 7–10 working days from submission to disbursement, assuming complete documentation and clear property title. The bank evaluates LAP applications based on CIBIL score (minimum 700 recommended), income stability, property valuation, and Loan-to-Value (LTV) ratio, which is capped at 9 of the property's market value.

1. Submit application form online or at a branch; digital pre-approval available for loans between ₹10–50 lakh.
2. Provide identity proof (Aadhaar, PAN), income documents (ITR or salary slips), and property papers (title deed, registration).
3. Undergo CIBIL check and credit assessment; a score of 750+ improves approval chances and interest rate.
4. Bank conducts technical and legal appraisal of the property; this step takes 4–7 days.
5. Property valuation determines maximum loan eligibility; LTV is limited to 70% of market value.
6. Final approval is issued based on FOIR (Fixed Obligation to Income Ratio), which should not exceed 55–60% of net income.
7. Loan agreement is signed, and property is mortgaged; disbursement occurs within 24–48 hours post-registration.

Processing time for LAP applications is generally faster for existing Shivalik SFB customers with Aadhaar-seeded accounts. Shivalik SFB offers a Loan Against Property (LAP) with a maximum Loan-to-Value (LTV) ratio of 70%, allowing borrowers to use up to ₹70 lakh against a ₹1 crore property. The LAP comes with a tenure of up to 20 or 25 years, providing long-term repayment flexibility. The bank follows a secured lending model, with about 90% of its loan book backed by collateral, ensuring stability and lower risk. Microfinance constitutes less than 10% of its overall portfolio, keeping focus on secured assets like property. Borrowers benefit from digital pre-approval tools that streamline sanctioning for loans between ₹10–50 lakh. The bank processed 104 loans as a lender in 2026, reflecting growing trust in its structured lending approach.

Shivalik SFB offers LAP at competitive rates with no prepayment penalty, but caps loan size at ₹50 lakh and LTV at 9, unlike PSU banks offering up to ₹10 crore.

Key Takeaways

• Shivalik SFB's LAP interest rates start at 9, matching Bank of Baroda's 9.10% but with lower maximum loan limits (₹50 lakh vs ₹10 crore).
• Unlike HDFC and ICICI, Shivalik SFB does not charge prepayment fees on floating-rate LAP, aligning with RBI guidelines for individual borrowers.
• Shivalik SFB offers 70% LTV on LAP, lower than SBI and BOB (75%), restricting borrowing capacity for high-value properties.

Check eligibility and apply at shivalikbank.com