What are the Flexi EMI plans available to me?

With Tata Capital, you can choose from a standard and flexible EMI structure depending on your income. Under the Standard EMI plan, your EMI amount remains the same for the entire loan tenure, and you make consistent payments. It is ideal for applicants with a fixed income.Under the Step up Flexi plan, you can pay lower EMI at the beginning and gradually increase the payment with an increase in income. Individuals who expect a regular increase in their income can benefit from this plan and manage their income flow more efficiently.

What are the different channels for servicing?

Say ‘Hi’ on Tata Capital’s WhatsApp number 75067 56060 from your registered mobile number.Login to Tata Capital’s Mobile App. To download and know about mobile app features, click here.Log into Tata Capital websiteCall our Customer Care Number 1860 267 6060Email Us Visit Tata Capital’s service branches. To know your nearest branch, clickhere.SMS Servicing - Send an SMS from your registered mobile number to 97059 66060. To know more details, clickhere.Interact withTIAto know more about Tata Capital's products and services. TIA is also available onGoogle Assistant&Alexa.Know more

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Loan Against Property

Loan Against Property

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Overview

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Loan Against Property

Do you know that your home holds the key to your future? Whether you want to expand your business, or you need funds for your personal use, our Loan Against Property will cover all your financial needs. We offer an array of attractive options based on your specific needs along with flexible property loan tenure and attractive interest rates.

Our loan on property has unrestricted usage and can be used to avail a Loan against property, mortgage loan against property, business loan against property, and much more.

LAP Loan Amount

₹ 5,00,000- ₹ 5,00,00,000

LAP Loan Tenure

12- 240 months

Interest Rates Starts at

10.10% View Rates & Charges

Advantages of Tata Capital Loan Against Property

Quick & Easy LAP Loan Processing

We know that you need funds immediately, which is why we process your loan against property application swiftly. With minimal paperwork and online application, the entire LAP loan process can be done online. It’s easy. It’s fast.

Nature of Collaterals Accepted for Loan on Property

We accept a wide range of collateral for loan on property to fund your immediate financial needs. You can get a loan against residential/commercial property, loan against land, loan against plot, loan against industrial property, and much more.

Longer LAP Loan Repayment Tenure

Choose a loan against property repayment tenure that fits your budget and requirements. With Tata Capital, you can avail of a property loan for up to 15 years.

Competitive Property Loan Interest Rates

Tata Capital's loan against property interest rates start at 10.10%, providing you access to higher property loans at affordable rates.

Loan Against Property Overdraft Facility

Looking for extra cash? Our loan against property comes with an overdraft facility to help you meet your financial contingencies.

Pre-Qualified Top Up on Property Loan

Getting extra finance couldn’t get easier. Our existing LAP loan customer gets the facility of a Pre-qualified Top Up loan. With Tata Capital, you can easily avail of credit over and above your property loan amount to fund big expenses.

Avail TATA Capital loans directly from WhatsApp

Apply via WhatsApp

Why Choose us for your Property Loan Requirements?

Customized Products

Need a personal loan against property? Loan against land? Home loan against property? A longer or shorter tenure? We've got you covered for all. Our loan against property is completely customizable to suit all your small or big requirements.

Minimum Documentation for LAP Loan

When you're in urgent need of funds, lengthy paperwork and endless documentation for loan against property can be frustrating. But not with Tata Capital. You can avail of a property loan quickly with minimal documentation requirements.

Easy Property Loan Application Process

You can avail of a loan against property from Tata Capital online in a few simple steps. Click on 'Apply' to get started with your loan against property application. Check your LAP loan eligibility, fill out the form, and submit it along with the required documents. That's it.

Strong After Sales Service for Loan Against Property

Your journey with Tata Capital doesn't end after your property loan gets approved. Our executives are ready to help you with all your LAP loan queries and requirements throughout the tenure of your property loan.

Properties Covered Under Loan Against Property

With Tata Capital, you get multiple options to avail of a loan on property. These include-

Loan against residential property

Loan against commercial property

Loan against industrial property

Loan against land/plots

To avail of a loan against property, the property must be self-owned by the borrower.

4 reasons why Loan Against Property is the right choice for you

Multi-Usage of the Loan

Loan Against Property is one of the most diverse loans you can take. Using your property as collateral, you get access to funds that can address your needs. You have the choice to use the money to expand your business or use it for more personal reasons such as education or wedding. You can even use it to renovate your home or for unexpected medical expenses. It is entirely up to you as you have full freedom.

You still own the property

You use your property only as collateral while you continue to own the valuable asset. Only in the event that you feel that you are unable to repay the loan amount, you get the choice to sell your property in order to settle the loan. However, you have the power to tailor your repayment options to make sure you never have to lose your property.

Choice in property type

You have the choice when it comes to what kind of property you wish to use to secure a loan. We at Tata Capital accept both residential and commercial properties as collateral. You can also apply for Loan Against Property if you own the property with other people as long as they are also co-applicants of the loan.

You repay at your convenience

At Tata Capital, we offer Loan Against Property that is completely customisable to your needs. You can tailor your loan while selecting your loan tenure, amount and your repayment option according to what works best for you.

Purpose of Loan Against Property

You can avail of a loan on property for various purposes.

These Include :

Loan on property to start or expand a business

Loan on property to meet Working Capital Needs

Loan on property for Consolidation of Debt

Loan on property for Mortgage Buyout

Loan on property for Investment

Asset Allocation

Renovation of Property

Asset Acquisition

Refinance of Self-financed Property

Loan Against Property Eligibility

Loan Against PropertyEligibility

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

Income per annum - Rs 2,40,000

Occupational Stability - Minimum 3 Years

Loan Against Property Eligibility

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

Loan Against PropertyEligibility

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

What Is a Loan Against Property?

A loan against property or Home Equity is a secured loan that helps you avail of credit using your existing property as collateral. A LAP loan has zero restrictions, which means you can use it to finance any big-ticket expense. With a loan on property, you can benefit from the value of the property while you continue to occupy it.

When you avail of a loan against property, you submit your property documents with us as collateral. This is also called a mortgage loan against property.

With Tata Capital, you can get a property loan for all your needs-

Business needs

Working Capital for Business

Consolidation of Debts

Investments

Personal needs

Renovation of property

Asset Acquisition

Mortgage buyout

Disclaimer: Loans against Property are originated and serviced by Tata Capital Financial Services Limited (TCFSL) and are at its sole discretion. Terms and conditions apply.

What our customers say about us

Overall the experience was good and hope to continue the same. Also Tata Capital executive were nice and polite from the beginning.

Prasenjit Sen

Loan Against Property | 13 January, 2023

Tata Capital's staff is really cooperative. Documents process is also good.

Harshad Laljibhai Rathod

Loan Against Property | 30 November, 2022

Very good staff with nice work. Liked the way they treat us. Thanks Tata Capital.

Prashant Madhukar Gaikwad

Loan Against Property | 08 November, 2022

Good service from Tata Capital. Keep it up. Thank you.

Ankit Kumar Jain

Loan Against Property | 08 August, 2022

Read All

Popular FAQs

Financial emergencies can knock at your door without warning. And when that happens, you can make the most of your owned property with a Loan Against Property. It is a secured form of finance that you can avail against self owned property and get immediate access to funds for all your urgent needs – from business expansion to a personal needs .

A loan against property is a convenient means of securing immediate funds for varying financial needs. It offers exciting benefits such as-

Multipurpose loan

Attractive interest rates

Flexible loan tenure

Low processing fee

Simple application process

Fast approval and disbursal

When it comes to a loan against property, it is a common myth that you can only put a residential property as collateral. But you can secure an affordable loan against various commercial and residential properties. These include-

Residential property (House, Flat, Bunglow, etc)

Commercial property (Shops, Offices, Commercial Space, etc.)

Residential & Industrial plots

Properties such as hospitals, schools, industrial property, etc.

Yes, you can easily secure a loan against a co-owned property. However, all the co-owners have to apply for the loan as co-applicants.

There are several types of Loan Against Property for,

Loan to traders for working capital needs

Loans to manufacturers for equipment/machinery purchases

Loan to commercial purchase of property

Additional Loan to existing customers

Loan to consolidate all existing debts to reduce EMI burden

Lease rental income

Excited to give your home a makeover? Need funds for business expansion? Or need to take care of a personal expense? With a Loan Against Property from Tata Capital, there are no restrictions on the end-use of funds. Here are the various ways you can use a loan against property –

Personal needs such as Marriage, Higher education to children, medicale emergency etc

Property renovation

Debt consolidation

Fulfil working capital needs of business

Mortgage buyout

Refinancing self-financed property

No. The processing fee is non-refundable under any situation, such as rejection or withdrawal of the loan application. It covers the expenses we incur to process your loan application, including calculating your eligibility, assessing your loan application, verification of documents, and so on.

At Tata Capital, we offer a flexible tenure to make the loan repayment super comfortable for you. You can avail of a loan against property for a maximum term of up to 240 months.

The maximum loan amount you can borrow depends on your eligibility and is customisable to suit your needs. We extend an affordable loan against property for up to Rs. 5 crores.

We offer highly competitive interest rates starting from 10.10%. Moreover, we offer flexible loan tenure and a convenient EMI structure to make your loan extremely affordable.

There are times when you might receive a sudden inflow of cash. In such situations, you can easily pre-pay your loan against property in part or in full and reduce your outstanding amount.

At Tata Capital, our loans come with easy-to-meet eligibility criteria, which differ for salaried or self-employed individuals. Here are the basic eligibility criteria-

For Salaried Individuals

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

Must be between the age of 23 to 65 years or retirement age (whichever is earlier)

Minimum income – Rs. 2,40,000

Must be working for at least 3 years

For Self-Employed Professionals

The applicant must be between the age of 23 to 70 years (at loan maturity)

Segment- Doctors, Chartered Accountants, Architects

The applicant must have a minimum annual income of Rs. 2,50,000

The applicant must be in the profession for at least 3 years

For Self-Employed Individuals (Non-Professionals)

Segment- Retailers, Wholesalers, Traders, Manufacturer

Age- 23 to 70 years (at maturity)

Must have a minimum annual income of Rs. 2,50,000

Must be working in the business for at least 3 years

Non-Individuals

Segment- Firm, Pvt. Ltd., Public

Age- 25 to 60 years (at loan maturity)

The applicant must have a minimum annual income of Rs. 3,00,000

Must have occupational stability of at least 3 years (with at least 2 years of cash profit)

We only ask for minimal documentation to process your loan against property.

Application form

Photograph

ID proof (Voter card/Aadhaar Card/ Driving License)

Address proof

Signature verification

Latest bank statements (last 6 months)

Form 16 and salary slips of the last 2 months (salaried individuals)

IT returns, Balance Sheet, and Profit & Loss (for self-employed professionals and individuals)

With Tata Capital, you can choose from a standard and flexible EMI structure depending on your income.

Under the Standard EMI plan, your EMI amount remains the same for the entire loan tenure, and you make consistent payments. It is ideal for applicants with a fixed income.
Under the Step up Flexi plan, you can pay lower EMI at the beginning and gradually increase the payment with an increase in income. Individuals who expect a regular increase in their income can benefit from this plan and manage their income flow more efficiently.

Securing a loan against property with Tata Capital is fairly simple and quick. All you need to do is-

Visit our website and fill in the application form

Upload the necessary documents

Wait while we process your application and verify the documents

Get instant approval

At Tata Capital, your convenience is our priority. That is why we offer you various easy ways to apply for a loan.

Online

Visit our website and share your details by clicking here

Branch

Visit your nearest branch and get in touch with our lending experts. Rest assured, you can secure a loan hassle-free as they will manage the loan process, from application to disbursal.

Phone

Looking to know more? Call us on our customer care number at 1860 267 6060 from 9 am to 8 pm.

Virtual Assistant

Ditch the long wait and get answers to your queries in real time! Connect with our 24/7 virtual assistant and enjoy a hassle-free loan application experience!

Say ‘Hi’ on Tata Capital’s WhatsApp number 75067 56060 from your registered mobile number.
Login to Tata Capital’s Mobile App. To download and know about mobile app features, click here.
Log into Tata Capital website
Call our Customer Care Number 1860 267 6060
Email Us

For a new loan requirement	contactus@tatacapital.com
Tata Capital Financial Services Limited	Consumer Loans	customercare@tatacapital.com
Tata Capital Financial Services Limited	Corporate Loans	contactcommercialfinance@tatacapital.com
Tata Capital Housing Finance Limited	Home Loans	customercare.housing@tatacapital.com

Visit Tata Capital’s service branches. To know your nearest branch, click here.
SMS Servicing - Send an SMS from your registered mobile number to 97059 66060. To know more details, click here.
Interact with TIA to know more about Tata Capital's products and services. TIA is also available on Google Assistant & Alexa.

Know more


Processing Fee	Residential and Commercial properties (HE) - 1% of finance amount + GST Rest all other properties (HE Plus) - 1.25% of finance amount + GST Mint Loan - 1.25% of finance amount + GST
Part Payment Charges	12 months lock in period. After 12 months, A maximum of 25% of the principal outstanding is allowed by way of part prepayment during the entire tenor of the loan, with payments being made in 2 tranches at the maximum.
Penal interest/Additional Interest	3% on Overdue Amount per month + GST

Processing Fee

Residential and Commercial properties (HE) - 1% of finance amount + GST

Rest all other properties (HE Plus) - 1.25% of finance amount + GST

Mint Loan - 1.25% of finance amount + GST

Part Payment Charges

12 months lock in period.

After 12 months, A maximum of 25% of the principal outstanding is allowed by way of part prepayment during the entire tenor of the loan, with payments being made in 2 tranches at the maximum.

Penal interest/Additional Interest

3% on Overdue Amount per month + GST

For Retail Loans:

Please click here to know if your bank is a participant for digital E-NACH

If your bank is a participant in digital E-Nach registration.

Raise the request by logging into Tata Capital’s website. Login here.
You may also send us a request via email on customercare@tatacapital.com with a scanned image of your cancelled personalized cheque (with your name printed on it) of your new bank account or the account statement having the bank’s details with IFSC (Indian Financial System Code). After receiving the request with the document, we would send you an SMS with E-NACH registration link to your registered mobile number.
You are requested to complete the E-NACH registration by clicking on the link. Once registration journey is completed successfully, the new bank account details will be updated in our records.

Note: Requests submitted between 27th day of the month & EMI due date, upcoming EMI will be debited from the existing bank account. Subsequent EMIs will be debited from new Bank account, post mandate is registered successfully.

Example - In the scenario of EMI due date on 3rd of every month. If the request is submitted between 27th September – 3rd October, October month’s EMI will be debited from existing bank account. New bank account will be debited from November month.

If your bank is NOT a participant in digital E-Nach registration.

Since your bank does not participate in digital e-NACH registration, we would need some physical documents from you. You can contact us to place a request for your Bank NACH change. Our service executive will connect with you on your registered mobile number to fix an appointment as per your convenience to collect the below documents.

1. Photocopy of a cancelled personalized cheque from the new desired bank account

2. Your consent and signature on the new NACH mandate form (executive will carry this form along with him)

Please note that it takes about 30 days for the NACH to be registered with the bank.

Note: EMI will be presented to the existing bank till the time your new bank account gets updated in our records.

You will be redirected to the Log-in page where you can select the loan account number and view the status of your NOC. You can login via registered mobile number/registered email ID and OTP or via User ID and password.

You will be redirected to the Log-in page where you can select the loan account number and raise a request to send the NOC to your registered address. You can login via registered mobile number/registered email ID and OTP or via User ID and password.

You will be redirected to the Log-in page where you can select the loan account number and raise a request to send the NOC to your other address. You can login via registered mobile number/registered email ID and OTP or via User ID and password.

You will be redirected to the Log-in page where you can select the Loan Account Number and will be able to download the Welcome Letter of your Loan Account. You can login via registered mobile number/registered email ID and OTP or via User ID and password

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Loan Against Property

Loan Against Property

Advantages of Tata Capital Loan Against Property

Quick & Easy LAP Loan Processing

Nature of Collaterals Accepted for Loan on Property

Longer LAP Loan Repayment Tenure

Competitive Property Loan Interest Rates

Loan Against Property Overdraft Facility

Pre-Qualified Top Up on Property Loan

Avail TATA Capital loans directly from WhatsApp

Why Choose us for your Property Loan Requirements?

Customized Products

Minimum Documentation for LAP Loan

Easy Property Loan Application Process

Strong After Sales Service for Loan Against Property

Properties Covered Under Loan Against Property

4 reasons why Loan Against Property is the right choice for you

Multi-Usage of the Loan

You still own the property

Choice in property type

You repay at your convenience

Purpose of Loan Against Property

These Include :

Loan Against Property Eligibility

Loan Against PropertyEligibility

Loan Against Property Eligibility

Loan Against PropertyEligibility

What Is a Loan Against Property?

What our customers say about us

Prasenjit Sen

Harshad Laljibhai Rathod

Prashant Madhukar Gaikwad

Ankit Kumar Jain

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