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10k + Happy Customers
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15,000+ Cr. Loans Disbursed
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Wide Loan Amount Range (₹5 L – ₹50 Cr)
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100% Online Process
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Minimal Documentation

ELIGIBILITY AND DOCUMENTATION FOR
Loan Against Property

Do you qualify for a loan against land property? Here’s the criteria:
  • Age: 21 to 65 years
  • Entity Type: Salaried or Self-employed
  • Nationality: You should be a resident of India
  • Revenue: Minimum ₹25,000 monthly
  • Property Ownership: You should have a clear and dispute-free property with valid ownership documents

Pro tip: Your CIBIL score should be 700+. These higher scores can help you get a loan against property at the lowest interest rate.

Documents Required for Quick LAP Approval
  • Aadhaar Card, PAN Card, and Voter ID
  • Utility Bill and Rent Agreement
  • Income Proof, Financial Statements, and Business Proof
  • Property Documents
  • Passport-sized Photograph

Get Your Loan Against Property in 3 Simple Steps with My Mudra

Enter your mobile number to start your instant loan against property application process
Our dedicated team will reach out with the best options tailored for you

Why Choose Us for the Best Loan Against Property

debt-consolidation

Simple & Transparent: Our Loan Against Property EMI Calculator for Quick Checks

  • Loan Amount (₹1 L – ₹50 Cr)
  • Interest Rate
  • Tenure (18–48 months)

Who Qualifies? - Your Property, Your Opportunity

Any person who holds property and meets the eligibility criteria. We finance the needs of:

  • Homeowners: People who want to utilise the value of their property without selling it.
  • New Businesses: Looking for funds to expand operations, upgrade equipment, or manage cash flow.
  • Manufacturers: Upgrade machinery or raw material stock with LAP.
  • Professionals: Doctors, lawyers, or consultants seeking capital to set up or grow their practice.
  • Parents & Students: Needing funds for higher education or overseas studies.
  • Families: Planning weddings, major life events, or handling large personal expenses.
  • Borrowers with Existing Loans: People who wish to consolidate high-interest debts into a single loan.
  • Medical Treatments: People requiring significant funds for healthcare expenses.

Current Loan Against Property Interest Rates (2025)

Loan Against Property interest rates in India start as low as 8.5% p.a. and can go up to 13.5% p.a., depending on the bank, property type, and borrower profile. At My Mudra, we help you compare and choose from leading banks like HDFC, ICICI, Axis, and Federal Bank to find the lowest interest rate for your LAP.

Best Bank for Loan Against Property in India

Choosing the right lender can save you lakhs in interest. Some of the best banks for Loan Against Property in 2025 include HDFC, ICICI, Axis, and Federal Bank — known for their competitive rates, faster processing, and flexible tenure.

Banks / NBFCs Rate of Interest
Axis Bank 8.66% p.a
Bajaj Small Housing Finance 9% p.a
Federal Bank 8.50% p.a.
L&T 9.85% p.a.
ICICI HFC 9.90% p.a.
DCB Bank 9.75% p.a.
JANA Small Housing Finance 12% p.a.
CAPRI 13.50% p.a.
Chola Mandlam 12% p.a.

What Our Loan Against Property Customers Say

(Rating: 5)

“I used My Mudra’s Loan Against Property to expand my textile business. The process was simple, and the team explained every step clearly. I was able to secure the funds within days.”

Sandhya

(Rating: 5)

“ I was initially worried about taking a big loan, but My Mudra made the process completely hassle-free. Their LAP loan gave me the funds I needed at competitive rates, and I didn’t have to sell my property ”

Divyanshi

(Rating: 5)

“I approached My Mudra for financial support for my daughter’s higher education. I was relieved to get a secured loan against land at a reasonable interest rate.”

Ayush

(Rating: 5)

“The best part was the transparency. I knew the charges, interest rate, and tenure options right from the start. No hidden conditions, just straight solutions”

Om

Frequently Asked Questions on Loan Against Property

Yes, you can apply for a loan against land property if it is owned, clear-titled, and located in an approved area. Both residential and commercial land are eligible, subject to valuation and bank policies. My Mudra helps you get quick loans against land at competitive interest rates.
Rates start from 9.00% p.a. for top banks. For example, HDFC loan against property interest rate begins at 9.00%, while IDFC First Bank home loan interest rate-linked LAP starts at 8.85%. However, the loan against property lowest interest rate majorly depends on type of property and borrower profile.
Yes, you can apply for loan against property online with My Mudra. The process is simple, quick, and 100% paperless.
Use our loan against property eligibility calculator to check instantly. Your income, CIBIL score, and property type will be evaluated.
The best bank for loan against property depends on your profile. My Mudra compares offers from banks like HDFC, ICICI, SBI, Kotak Mahindra, and more to help you choose the best bank for loan against property.
You can secure the cheapest loan against property by maintaining a strong credit score, preparing complete documents, and comparing offers through My Mudra.
You can borrow up to 70–80% of your property’s market value depending on eligibility.
Write us at:support@mymudra.com

Address: Second Floor, 17, A 45, Block 10, WEA, Karol Bagh, New Delhi, Delhi 110005

My Mudra