Secured Loans
Loan Against Property
Unlock value from your residential or commercial property for business needs, expansion plans, or major personal goals.
Loan against property can be powerful for larger funding requirements, but terms vary widely by income stability, property type, and intended use of funds.
Overview
What to know before you choose a loan against property
Structured guidance for secured borrowing backed by owned property, with clarity on valuation, repayment, and lender expectations.
Who this is for
- Business owners looking for secured borrowing
- Professionals funding expansion or consolidation needs
- Property owners seeking larger ticket financing
Key benefits
- Access higher ticket sizes than many unsecured products
- Potentially lower rates compared with unsecured borrowing
- Flexible end-use depending on lender policy
- Guided support on valuation and lender fit
Eligibility cues
- Self-owned, mortgageable property accepted by lender
- Stable repayment profile and acceptable credit behaviour
- Income documents supporting the requested ticket size
- Title and legal chain acceptable to lender
Documents often needed
- KYC and address proof
- Income proof, ITRs, or financial statements
- Property title documents and chain papers
- Bank statements and business or employment proof
Typical process
- Discuss funding need, purpose, and property details
- SJMoney helps shortlist lenders based on property and profile
- Valuation, legal review, and underwriting are coordinated
- Compare final terms and proceed to disbursal
FAQ
Questions borrowers usually ask
Clear answers can reduce decision anxiety before you start the application process.
Can I use the funds for business purposes?
Yes, many borrowers use LAP for business expansion, working capital, or other approved purposes, subject to lender policy.
What types of property are usually accepted?
Acceptance depends on lender policy, but residential and selected commercial properties are commonly considered if legal and technical checks are satisfactory.
Is this the same as selling my property?
No. You continue to own the property while it remains mortgaged as security for the loan.