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Loan Against Property Up to ₹ 10 Crore*

Meet your urgent financial needs with a loan against your property, offering a tenure of up to 240 months. At Tata Capital, we provide loans of up to Rs. 10 crore* with no restrictions on usage, making it a flexible solution for both personal and business expenses. Enjoy benefits like attractive interest rates, a long repayment tenure, quick disbursal, and a hassle-free application process.

  • LAP Loan Amount

    Upto 10 Cr

  • LAP Loan Tenure

    12- 240 months

  • Interest rate starting @

Loan Against Property Interest Rate, Fees & Charges

Residential & Commercial Properties (HE) 1% to 3% of the finance amount + GST
Rest Other Properties 1.25% to 3% of the finance amount + GST
SaRaL / Mint Loan 1.25% to 3% of the finance amount + GST
Fixed ROI 13%* to 17%
Floating ROI 9%* to 17%


A Loan Against Property (LAP) offers a convenient financial solution to secure funds for personal or business needs. However, understanding the LAP interest rate is important to determine the overall cost of borrowing and your monthly repayment obligations. Let's look at the loan against property interest rate in detail so you can make an informed decision.

Loan Against Property Interest Rates - TCL Retail Prime Lending Rates (TCL RPLR)

September 1st 2024 11.50%
May 1st 2024 11.30%

Note: The above PLR will be applicable for the cases disbursed on or after 1st May 2024.

LAP Rate - Prime Lending Rates (PLR)

September 1st 2024 20.20%
March 11th 2024 20.00%
March 3rd 2023 19.75%
January 1st 2023 19.50%
September 30th, 2022 19.25%
August 22nd, 2022 18.75%
June 15th, 2022 18.25%
May 16th, 2022 17.75%
January 1st, 2019 17.45%
October 1st, 2018 17.15%
July 1st, 2018 16.85%
May 1st, 2018 16.65%
November 1st, 2015 16.50%
May 1st, 2015 16.65%
December 10th, 2013 16.75%
September 1st, 2013 16.65%
March 1st, 2013 16.40%
October 1st, 2011 16.50%
July 1st, 2011 16.00%
April 1st, 2011 15.50%
December 20th, 2010 14.75%
November 15th, 2010 14.25%
January 1st, 2009 13.75%

Note: The above PLR will be applicable for the cases disbursed before 1st May 2024.

Loan Against Property Eligibility Criteria
 

If you're a salaried individual, you must fulfil the following loan against property eligibility criteria:

  • Segment - Working in MNC / Public Ltd. Co/ Large Pvt. Ltd. Co./State Govt/ Central Govt. / PSU

  • Age - Minimum- 23 Years and Maximum- 65 Years or age of retirement - whichever is earlier at loan maturity

  • Occupational Stability - Minimum 3 Years

If you're a self-employed professional, you must fulfil the following loan against property eligibility criteria:

  • Segment - Doctors, Architects, Chartered Accountants

  • Age - Minimum- 23 Years and Maximum- 70 Years at loan maturity

  • Income per annum - Rs 2,50,000

  • Occupational Stability - Minimum 3 Years

If you're a self-employed individual, you must fulfil the following loan against property eligibility criteria:

  • Segment - Traders, Retailers, and Wholesalers

  • Age - Minimum- 23 Years and Maximum- 70 Years at loan maturity

  • Income per annum - Rs 2,50,000

  • Occupational Stability - Minimum 3 Years

  • Segment- Firm, Pvt. Ltd., Public
  • Must have occupational stability of at least 5 years (with at least 2 years of cash profit)

Documents Required to Avail Loan Against Property

Applying for a Loan Against Property with Tata Capital is simple and requires minimal paperwork. The loan against property documents required vary based on whether you are salaried or self-employed.
 

If you are a salaried employee meeting the LAP eligibility criteria, you need to submit the following:

  • Recent Passport-Sized Photograph

  • Photo Identity Proof – Voter ID, Passport, Driving License, or Aadhaar Card

  •  PAN Card or Form 60 (if applicable)

  • Address Proof – Any of the following: Voter ID, Passport, Driving License, or Aadhaar Card

  • Signature Verification Document

  • For income proof, submit Form 16 for the last 2 years and a copy of your bank statements for the last twelve months

  • A Copy of your Salary slips for the last three months

If you are self-employed and eligible for a Loan Against Property, the required documents include-

  • Recent Passport-Sized Photograph

  • Photo Identity Proof – Voter ID, Passport, Driving License, or Aadhaar Card

  •  PAN Card or Form 60 (if applicable)

  • Address Proof – Voter ID, Passport, Driving License, or Aadhaar Card

  • Signature Verification Document

  • For income proof, submit Income Tax Return, Profit and Loss, Balance Sheet & a copy of your bank statements for the last 12 months


  • Providing these documents ensures a smooth application process, helping you secure a Loan Against Property with ease.

How to Apply for Loan Against Property?

If you meet the eligibility criteria mentioned above, follow these steps to apply for a property loan against property online with Tata Capital :

  • Step 1: Visit this website: https://www.tatacapital.com/loan-against-property.html
  • Step 2: Click on the “Apply Now” button on this page.
  • Step 3: Provide your personal and property details in the application form.
  • Step 4: Submit the application form along with the required documents.

That's it! Once we successfully verify the application form and the submitted documents, the sanctioned loan amount will be disbursed to your account in no time.

    Features & Benefits of Loan Against Property

  • High Loan Amount

    Get a loan from Rs. 5 lakhs to Rs. 10 crores to meet business, personal, or emergency financial needs.

  • Competitive Interest Rates

    Interest rates start at 9 percent per annum, keeping borrowing costs affordable.

  • Flexible Tenure

    Repay over a period of up to 240 months or 20 years with EMIs suited to your financial situation.

  • Minimal Documentation

    Simple paperwork makes the loan process quick and hassle free.

  • Fast Processing

    Quick approval and disbursal help meet urgent financial needs without delays.

  • Multiple Usage Options

    Use the loan for business expansion, education, medical expenses, weddings, or other personal needs.

  • Wide Property Acceptance

    Residential, industrial, and commercial properties are accepted as collateral.

  • Transparent Process

    No hidden charges with clear terms and conditions for a fair borrowing experience.

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Properties Covered Under Loan Against Property

At Tata Capital, we understand that every property is unique, and so are your funding needs.

Here’s a detailed look at the types of properties eligible:

    • Residential Property: Whether it’s a self-occupied flat, an independent house, or a rented-out property, you can mortgage it to avail of a LAP. Even older constructions may be considered, subject to condition and valuation.

    • Commercial Property: This includes shops, offices, showrooms, or any other income-generating commercial space. Both rented and self-occupied commercial properties are eligible.

    • Industrial Property: Warehouses, factories, and small manufacturing units can also be pledged, provided they are owned by the borrower and meet regulatory guidelines.

    • Land/Plots: Loans can be availed against plots properly demarcated for residential or commercial use.

  • To qualify for a loan against land or property, the ownership should be undisputed, with all documents in place, including a clear title, sanctioned building plans (if constructed), and up-to-date property tax receipts.

Important RBI/Regulatory Updates

  1. Legal Identity Identifier (LEI): If a non-individual borrower has an aggregate exposure of Rs. 5 crore and above from banks and financial institutions, then that borrower shall be required to obtain Legal Entity Identifier (LEI) code at the time of sanction. Borrowers who fail to obtain the LEI codes from an authorized Local Operating Unit (LOU) within the timelines mentioned below as per different exposure brackets shall not be sanctioned any new exposure nor shall they be granted renewal/enhancement of any existing exposure.
     
Above Rs.25 Cr April 30, 2023
Above Rs.10 Cr upto Rs.25 Cr April 30, 2024
Rs.5 Cr and above, upto Rs.10 Cr April 30, 2025
  1. Retrieval of the Original Immovable Property Documents: For the retrieval of the original immovable property documents, the borrower in case of foreclosure of the loan, as per his/her preference, should visit the branch of service or any other branch as intimated by TCL where the documents would be made available with the foreclosure payment. In case of loan maturity, the borrower will receive an intimation from TCL within 30 days from the date of receiving the full and final repayment/settlement regarding the collection of the original property documents from branch(es) as aforesaid. Post receiving the intimation, the borrower should collect the documents within 10 working days. For the document retrieval process, the borrowers along with all the co-borrowers are required to bring self-attested valid KYC documents.


Reset of Floating Interest Rate on Equated Monthly Instalments (EMI) based Personal Loans: If an individual borrower has taken an EMI-based personal loan and has chosen an Adjustable Rate of Interest (AIR) or Combined Rate of Interest
, in case of reset of the rate of interest, the Borrower has the option to switch to ‘Fixed Rate of Interest’ or opt for enhancement/reduction in EMI or tenure or combination of both. To know more about the options available and the possible impact of each of the available options, click here.

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What our customers say about us

Dr. Venkat M Alat

Loan Against Property

I think everything went on point; I don’t think I genuinely need something to add.

RM SECURITY SERVICES

Loan Against Property | 24 May, 2025

I am so happy to have chosen Tata Capital for the loan process.

SSS INTERIOR WORKS

Loan Against Property | 19 May, 2025

Excellent and best service at all times.

SINHASAN RAMPATI PRAJAPATI

Loan Against Property | 19 May, 2025

Overall, very good support and service provided. Thank you.

L G S ANUP RAJ

Loan Against Property | 13 May, 2025

All is good with the procedure, and I have nothing to suggest.

MAULI ENTERPRISES

Loan Against Property | 12 Apr, 2025

Tata Capital's service is very good, and the person was very cooperative. Best services.

S M FABRICATORS AND ENGINEERS

Loan Against Property | 02 Apr, 2025

Good services by the Tata Capital team. I will definitely recommend Tata Capital to my friends.

DR SANDEEP SKIN HAIR AND LASER CLINIC

Loan Against Property | 31 Mar, 2025

Very good service and very good experience with Tata Capital

M K TYRE SERVICE

Loan Against Property | 25 Mar, 2025

All the best. Keep striving to live up to customer satisfaction and take forward the TATA GROUP legacy

BIDYA DEVI

Loan Against Property | 15 Mar, 2025

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