Keep using the property
The property stands as security while remaining yours and in your use.
Loan Against Property
Loan Against Property
Unlock the value of residential or commercial property you already own, through ANG-FINTECH’s network of partner banks and NBFCs.
Overview
Put property you already own to work
A loan against property (LAP) is a secured loan raised against a residential or commercial property you already own. The property continues to be yours and in your use; it stands as security for the borrowing.
Because the loan is secured by an asset, lenders assess both the applicant and the property itself, which is why property documents form part of the list below. ANG-FINTECH helps you assemble that file and route it to a suitable lending partner.
Why this product
What a loan against property gives you
Residential or commercial
Eligible residential and commercial property can both be considered.
Broad applicant base
Salaried, self-employed professionals and self-employed non-professionals can apply.
Co-applicant structures
The criteria below set out how co-applicants and legal heirs are treated.
Eligibility Criteria
Are you eligible?
Anyone can apply for a loan against property as long as they meet the criteria below.
- Nationality should be Indian.
- Minimum age: 25 years (18 years for non-financial property owners). Maximum age: 85 years, including non-financial property owners — measured at the time of loan maturity.
- A higher co-applicant age may be considered up to 95 years, on the basis of a second-generation legal heir who meets the age norms and is taken as co-applicant on the loan structure.
- CIBIL score: a score of 700 or higher is ideal for an approved loan against property.
- Occupation: salaried applicants, self-employed professionals such as doctors, and self-employed non-professionals are eligible to apply.
Documents Required
What you will need to submit
Below are the documents required for completing your application process.
- Proof of identity / residence
- Aadhaar
- Passport
- Voter's ID
- Driving licence
- Letter from NPR
- NREGA job card
- Proof of income
- Property-related documents
- Proof of business (for self-employed applicants)
- Account statements for the last 6 months
Quick Loan Process
How your application moves
Five steps from first conversation to disbursal. Timelines and the final decision rest with the lending partner.
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Talk to an Expert
Tell us what you need and an advisor helps you shortlist a suitable lender.
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Submit your documents
Share your KYC, income and product-specific paperwork.
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Verification
The lending partner reviews your profile and validates the documents.
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Loan processing
Your application is processed by the partner bank or NBFC.
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Disbursal
On approval, the sanctioned amount is released as per the lender’s terms.
More from ANG-FINTECH
Explore our other loan products
Six core products, sourced across our network of partner banks and NBFCs.
Get a loan against property with ANG-FINTECH
Talk to an advisor about your requirement and we will help you find a suitable lending partner from our network.