.jpg)
A Loan Against Property (LAP) remains one of the most reliable and preferred secured loan options in India, even in 2025. It is widely chosen by individuals and business owners who require substantial funds for purposes such as business expansion, home renovation, higher education, marriage expenses, medical needs, or consolidating high-interest debts. The strong appeal of LAP lies in its combination of lower interest rates, extended repayment tenures, and high loan eligibility, making it far more affordable compared to unsecured credit options.
Most lenders offer between 60% to 70% of the property’s market value as a loan, depending on the borrower’s profile, income stability, and overall risk assessment. Because the loan is secured against residential or commercial property, lenders are able to provide competitive rates, flexible EMI options, and longer repayment periods, often up to 15–20 years. This helps borrowers manage large loan amounts without creating financial stress.
One of the biggest advantages of LAP is that the ownership of the property remains with the borrower. The lender only holds the property as security until the loan is fully repaid. This makes LAP a safe, transparent and affordable financing option for anyone looking for high-value funding without compromising asset ownership. With increasing digitalisation in the loan process, applying for a LAP has also become faster, simpler, and more convenient.
