Loan Against Property (LAP) | Mortgage Loan in Bihar

Overview

Mortgage Loan

A Loan Against Property (LAP), also known as a Mortgage Loan, allows you to pledge your residential, commercial, or industrial property as collateral to secure funds.

Because it is a secured loan, banks offer **Lower Interest Rates** and **Longer Tenure** (up to 15 years) compared to Personal or Business loans. It is the smartest way to raise capital for big expenses like business expansion, marriage, or debt consolidation.

Why Choose LAP?

Low Interest: Rates starting @ 9.50%* (Cheaper than Personal Loan).
High LTV: Get up to 60-70% of your property's market value.
Long Tenure: Repay comfortably over 10 to 15 years.
Continued Usage: You continue to use/occupy the property.

Eligible Property Types

Category	Property Type
Residential	Self-occupied House, Flat, Apartment, Rented Residential Property.
Commercial	Office Space, Shop, Showroom, Commercial Complex.
Industrial	Factory Land & Building, Industrial Sheds (in approved areas).
Open Land	Non-Agricultural Plot within municipal limits (Conditions apply).

Required Documents

Property Documents (Original Required for Verification):

Sale Deed / Title Deed (Registry)
Approved Building Plan / Map
Latest Property Tax Receipt / Mutation Copy

Applicant Documents:

KYC (Aadhaar, PAN)
Bank Statement (Last 6-12 Months)
Income Proof (ITR / Salary Slips)

* Note: The property must have a clear title without any existing legal disputes.

Based on your Property Value

Full Name *

Mobile Number *

Email Address (Optional)

Property Location (City) *

Property Market Value *

Property Type (Resi/Commercial)

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Loan Against Property

Overview

Why Choose LAP?

Eligible Property Types

Required Documents

Property Documents (Original Required for Verification):

Applicant Documents:

Check Loan Amount

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