Ujjivan Small Finance Bank Loan Against Property

Ujjivan Small Finance Bank offers a Loan Against Property (LAP) with competitive terms for salaried and self-employed individuals seeking funds for business expansion, debt consolidation, or personal needs. As of 2026, the bank continues to strengthen its secured lending portfolio, targeting a more diversified loan book in line with RBI expectations following the rejection of its universal bank application in April 2026.

Feature	Details
Loan Type	Loan Against Property (LAP)
Target Applicants	Salaried and self-employed individuals
Purpose of Loan	Business expansion, debt consolidation, home renovation, medical emergencies, education, and other personal needs
Maximum Loan Amount	Up to ₹75 Lakhs
Minimum Loan Amount	Not specified (subject to property valuation and income eligibility)
Maximum Loan Tenure	Up to 20 years
Interest Rate (General)	12 to 12
Interest Rate (Salaried)	12 to 12
Interest Rate (Non-Salaried)	12 to 12
Processing Fee	0.5% of the loan amount (for balance transfer)
Prepayment Charges	Nil (RBI mandate for floating rate loans)
Foreclosure Charges	3% (if loan is transferred to another bank)
Late Payment Charges	2.5% per month on overdue EMIs
Bounce Charges	₹500 + GST (effective April 2024)
Loan-to-Value (LTV) Ratio	Up to 75% (subject to property type and borrower profile)
Security	Registered mortgage of residential or commercial property
Documentation Required	Property title documents, ID proof (Aadhaar, PAN), address proof, income proof (salary slips, bank statements, ITR), and valuation report
Disbursement Time	Within 7–10 working days (post document verification and property valuation)
Customer Support	1800 208 2121 (toll-free, 24/7)
Branch Network	Over 700+ branches across India (targeting over 1,000 in 5 years)
Deposit Insurance	₹5 lakh per depositor, covered by DICGC
Recent Regulatory Update	RBI returned universal bank application on April 13, 2026, citing need for greater loan portfolio diversification
Loan Book (as of Q3 FY26)	₹40,655 crore (26.6% YoY growth)
Total Secured Book (as of Q4 FY26)	₹20,081 crore (49.4% of total loan portfolio)
MSME Segment Growth	57.9% YoY (Q4 FY26)

Ujjivan SFB is actively expanding its secured lending footprint, with MSME and property-backed loans showing strong growth momentum in 2026. The bank offers Loan Against Property to salaried and self-employed individuals seeking funds for business expansion, debt consolidation, or personal needs. Ujjivan SFB finances up to 60% of the property's market value, with loan amounts ranging from ₹5 lakh to ₹1.5 crore. The repayment tenure extends up to 15 years, subject to the applicant's age and income eligibility. Ujjivan SFB evaluates LAP applications based on creditworthiness, income stability, and property valuation. The property must be free of legal disputes and have clear title. Both residential and commercial properties are accepted as collateral. The bank conducts a technical and legal due diligence process before approval. The processing fee for Loan Against Property is 1.00% of the sanctioned amount, with a minimum of ₹10,000 and a maximum of ₹25,000. Prepayment is allowed after 6 months with a charge of 2.00% on the outstanding principal. Part-prepayment is permitted without any fee, subject to terms.

Loan Feature	Details
Loan Type	Loan Against Property (LAP)
Target Applicants	Salaried and self-employed individuals
Loan Purpose	Business expansion, debt consolidation, personal expenses
Minimum Loan Amount	₹5,00,000
Maximum Loan Amount	₹1,50,00,000
Loan-to-Value (LTV) Ratio	Up to 60%
Repayment Tenure	Up to 15 years
Interest Rate Type	Floating
Interest Rate Range	12 to 12
Salaried Interest Rate Range	12 to 12
Non-Salaried Interest Rate Range	12 to 12
Processing Fee	1.00% of sanctioned amount (min ₹10,000, max ₹25,000)
Prepayment Charges	2.00% after 6 months; Nil after 3 years (RBI mandate)
Part-Prepayment	Allowed without charges
Foreclosure Process Time	Within 7 working days of request
Security Type	Registered mortgage of residential or commercial property
Property Age Limit	Maximum 25 years
Technical Valuation Required	Yes – conducted by approved valuers
Legal Due Diligence	Mandatory – title check by bank empaneled advocates
Disbursement Time	7–10 working days post-documentation and valuation
Customer Care Number	1800 208 2121 (toll-free, 24/7)
Deposit Insurance	₹5 lakh per depositor (DICGC covered)

Ujjivan SFB's LAP portfolio is part of its broader strategy to diversify beyond microfinance. As of Q4 FY26, secured loans constituted 49.4% of its total loan book of ₹40,655 crore. The bank aims to grow its gross loan portfolio to ₹1 lakh crore within five years, nearly tripling its December 2025 loan book of ₹37,057 crore.

• Aadhaar Card – Mandatory for identity verification and e-KYC (Source: Ujjivan SFB official process).
• PAN Card – Required for all applicants to comply with tax regulations and loan documentation.
• Proof of Income – Salaried applicants must submit last 3 months' salary slips; self-employed must provide ITR for last 2 years.
• Bank Statements – 6 months of personal and business (if applicable) bank statements to assess repayment capacity.
• Residence Proof – Valid documents include electricity bill, rental agreement, or Aadhaar with current address.
• Property Documents – Title deed, sale agreement, property tax receipt, and latest valuation report for the mortgaged property.
• Photographs – Two recent passport-sized photographs are required for file documentation.

Submitting complete and verified documents ensures faster processing and sanction of your Loan Against Property.

The application process for Ujjivan SFB Loan Against Property is document-heavy and requires submission of property papers, financial statements, and identity proofs. The bank evaluates applicants based on age, income stability, and credit history, with processing typically taking 7–14 working days if documents are complete.

1. Submit property documents including title deed, land registry, and valuation report to initiate the LAP application.
2. Provide 6 months of bank statements and 3 years of financial statements (ITRs or audited books) for self-employed applicants.
3. Submit KYC documents: Aadhaar Card, PAN, Passport, or Voter ID as identity proof and residence verification.
4. Include employment proof such as salary slips (last 3 months) for salaried applicants or business registration for self-employed.
5. Undergo technical and legal verification of the property by Ujjivan SFB's approved agencies.
6. Attend a personal discussion or site visit if required, especially for loan amounts above ₹50 lakh.
7. Receive sanction letter with terms including interest rate 12 and loan amount, subject to LTV up to 75%.

Applicants must ensure all documents are accurate and up-to-date to avoid delays in disbursal. Ujjivan Small Finance Bank offers a Loan Against Property (LAP) with competitive interest rates starting from 12 and going up to 12. The bank provides loan amounts up to ₹1.5 crore with a maximum tenure of 15 years, making IT suitable for self-employed professionals and businesses seeking mid-term capital. Key benefits include minimal documentation, fast disbursal within 7–10 working days, and no requirement for guarantor or third-party security. Ujjivan SFB also allows prepayment of the loan after 12 EMIs with no foreclosure charges on floating rate loans, in line with RBI guidelines.

Benefit	Details	Applicability
Interest Rate Range	12 – 12	All applicants, based on credit profile and loan amount
Loan Amount	Up to ₹1.5 crore	Based on property valuation and income eligibility
Loan Tenure	Up to 15 years	Subject to applicant's age and repayment capacity
Processing Time	7–10 working days	Upon submission of complete documents
Processing Fee	0.50% of loan amount (min ₹5,000, max ₹25,000)	One-time, non-refundable
Prepayment Charges	Nil (RBI mandate for floating rate loans)	After 12 EMIs
Foreclosure Charges	3% if transferred to another bank	As per loan agreement terms
Property Eligibility	Residential/commercial property (self-owned or co-owned)	Must be free of legal disputes and have clear title
Documentation	Aadhaar, PAN, property papers, 6 months bank statements, income proof	Minimal KYC and financial verification
Customer Support	1800 208 2121 (toll-free, 24/7)	For application tracking and post-disbursal queries
Deposit Insurance	₹5 lakh coverage per depositor	By DICGC, applicable to savings accounts
Branch Network	Over 750 branches across 25+ states	Expanding to 1,000+ in next five years

Ujjivan SFB's LAP is particularly suited for small business owners and professionals in tier-2 and tier-3 cities. The bank's digital-first approach ensures quick verification and disbursal, with 95% of applications processed online. As of Q4 FY26, the bank's gross loan book stood at ₹40,655 crore, reflecting a 26.6% YoY growth, with secured loans forming 49.4% of the portfolio. The bank's GNPA was 2.68% as of December 2024, within regulatory limits, indicating stable asset quality. While the RBI returned Ujjivan SFB's universal bank application in April 2026 due to insufficient loan diversification, the bank continues to strengthen its secured lending segment, targeting a 3x growth in its loan portfolio over five years.