Unlock the true value of your property
Mortgage your residential, commercial, or industrial property to access high-value funding up to ₹200 Crore — without selling. Retain ownership, keep earning rent, and fuel your biggest plans.
Your property works twice as hard
A Loan Against Property (LAP) allows you to mortgage your residential, commercial, or industrial real estate as collateral to access high-value funding. Your property stays in your name and continues to appreciate — and earn rent — while you use the funds.
Pragati connects you with 50+ banks and NBFCs offering LAP up to ₹200 Crore at interest rates starting from just 8% p.a. — with end-to-end digital processing and quick disbursal.
Key features of our LAP
Your property remains in your name and continues to appreciate. You can keep occupying or renting it out throughout the loan tenure.
Borrow from ₹5 Lakh to ₹200 Crore based on your property's market value, with Loan-to-Value (LTV) ratio up to 75%.
Secured by real estate, LAP rates are among the lowest in the market — starting from just 8% p.a. for premium borrowers.
Choose a flexible repayment period of up to 20 years — keep your EMIs affordable without straining monthly cash flow.
Pledge residential, commercial, or industrial property — self-occupied, rented, or even under-construction (selected projects).
Transfer your existing high-interest LAP from another lender to Pragati partner banks and save lakhs in interest cost.
Simple KYC, income proof, and property documents — we coordinate with the lender and handle paperwork end-to-end.
All fees — processing, legal, valuation, stamp duty — disclosed upfront before you commit to any lender.
Properties you can mortgage
Self-occupied or rented houses, apartments, villas, and bungalows with clear title. Highest LTV across all property categories — ideal for personal and business funding needs.
Offices, shops, showrooms, retail outlets, and commercial complexes. Rented commercial properties with steady income attract higher LTV and better rates.
Factories, warehouses, manufacturing units, and industrial sheds. Ideal for business owners needing high-value working capital or expansion funding.
Residential and commercial plots with clear marketable title. Property must be within municipal limits with proper approvals and conversion documents.
Properties generating rental income — residential or commercial. Rental yield strengthens your repayment capacity and helps you qualify for higher loan amounts.
Selected under-construction properties from RERA-approved builders with all necessary approvals. Disbursement linked to construction milestones.
How to apply for LAP
Tell us about your property — type, location, current market value — and the loan amount you need. We assess eligibility and estimate the maximum loan you qualify for.
We compare offers across 50+ partner banks and NBFCs based on your property type, loan amount, and credit profile — finding you the lowest rate and best repayment terms.
Submit KYC, income proof, and property documents. We handle lender coordination, form filling, and follow-ups so you focus only on signing where required.
Lender's empanelled valuer assesses your property's current market value. A legal team verifies title chain, encumbrance, and approvals to confirm marketability.
Once valuation and legal checks clear, sanction letter is issued. After mortgage registration, funds are disbursed directly to your bank account — typically within 72 hours of final approval.
Are you eligible?
- Indian resident aged 21 to 70 years at loan maturity
- Salaried, self-employed, professional, or business owner
- Minimum monthly income ₹25,000 (salaried) or ₹3 Lakh annual (self-employed)
- Property with clear, marketable title and no legal disputes
- CIBIL score of 700 or above for best interest rates
- Stable employment / business vintage of at least 2 years
- HUFs, companies, LLPs, and partnership firms also eligible
- PAN Card + Aadhaar Card (KYC)
- Salary slips (3 months) or ITR (3 years for self-employed)
- Bank statements — 6 months (salaried) / 12 months (self-employed)
- Form 16 / Audited P&L and Balance Sheet
- Sale deed / Title deed of the property
- Approved building plan and NOC from authority
- Encumbrance Certificate (EC) and property tax receipts
- Photograph (passport size) and NACH mandate for EMI
Interest rates & charges
LAP interest rates are among the lowest because your property acts as secured collateral. Final rates depend on property type, loan amount, tenure, and your credit profile.
Estimate your monthly EMI
💡 Longer tenure means lower EMI but higher total interest. Use balance transfer or part-prepayment to reduce overall cost on floating-rate loans.
Frequently asked questions
