Your property can be more than just an asset. It can also become a valuable financial resource when you need funds for important personal or business requirements.
A Loan Against Property (LAP) allows eligible property owners to raise funds by offering their residential or commercial property as collateral to a lending institution.
It provides an opportunity to access substantial funding while retaining ownership of the property, subject to the loan agreement.
At Loankraft, we help property owners explore suitable Loan Against Property solutions based on their property value, financial profile and funding requirements.
We assist you in understanding the available financing possibilities, coordinating documentation and exploring suitable lending institutions. Our objective is to make the process more transparent and help you evaluate the terms, repayment obligations and overall suitability of the proposed funding.
Your property holds value. Let it support your next financial milestone.
Speak to Loankraft and explore how your property could help meet your funding requirements.
Loan eligibility, valuation, loan amount and approval are subject to lender policies, property assessment and applicant credentials.
A Loan Against Property is a secured loan that allows eligible property owners to raise funds by pledging their residential or commercial property as collateral. The property continues to belong to the borrower, subject to the terms of the loan agreement.
Yes. A Loan Against Property can be explored for eligible business requirements such as expansion, working capital, investments and debt consolidation. The permitted end use depends on the lender's policies.
The loan amount depends on several factors, including the property's market value, location, type, legal status, applicant's income, repayment capacity and the lending institution's loan-to-value norms.