Loan Against Property in Navi Mumbai — Unlock Your Property's True Value
Get up to 70% of your property value as a loan. Low rates, long tenure, minimal docs.
Properties We Accept
How Much Can You Borrow?
| Property Type | Max LTV (Loan to Value) |
|---|---|
| Residential Property | Up to 70% |
| Commercial Property | Up to 60% |
| Plot / Land | Up to 50% |
Who Can Apply?
Salaried
- Age 25–60 yrs
- Min income ₹40K/month
- Property in your name
- CIBIL 700+
- Clear title
Self-Employed
- Age 25–65 yrs
- Business 3+ yrs
- ITR last 2 yrs
- CIBIL 700+
- Clear property title
Documents Required
Calculate Your EMI
Real-time calculation across all bank rates
Rates are indicative. Actual rates may vary.
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Frequently Asked Questions
Yes. The property remains yours throughout the loan tenure. You can occupy it, rent it out, or use it as you wish. Only the title is mortgaged to the bank as security.
No. Unlike home loans, LAP funds can be used for business expansion, higher education, medical emergencies, debt consolidation, wedding expenses, or any personal purpose.
The bank appoints an empanelled independent valuer to assess the property. Final loan amount is based on the lower of the market value or purchase price, multiplied by the applicable LTV ratio.
All co-owners of the property must be co-applicants on the LAP. Their income may also be considered for eligibility.
Yes. As per RBI guidelines, individual borrowers on floating-rate LAP loans have no prepayment penalty. Fixed-rate LAP loans may have a 2–4% prepayment charge.
As per RBI norms: up to 70% for residential property, up to 60% for commercial property, and up to 50% for land or plots.
Yes — this is called a second mortgage or top-up loan. The combined LTV across both loans cannot exceed the applicable LTV limit. The existing lender must provide a NOC or the LAP must be from the same lender.
LAP processing takes 10–20 working days due to property verification, legal checks, and valuation. Our team expedites document collection to minimise delays.
Typically, minimum LAP amount is ₹10 Lakhs and maximum is ₹5 Crore or up to 70% of property value, whichever is lower. Select lenders offer higher amounts for commercial properties.
GST is applicable on the processing fee (18%), legal charges, and valuation charges — not on the loan amount or interest. EMIs do not attract GST.