Loan Bhi, Insurance Bhi
Use your residential or commercial property to get a secured loan — Loan Against Property (LAP) from banks & NBFCs. CompareEMI.in provides quick pre-checks using conservative LTV and income rules so you can see an estimated eligible amount and EMI before applying.
Secured lending allows higher limits than unsecured loans — suitable for business expansion, debt consolidation, large personal requirements and capital expenditure.
We compare LAP offers to find the highest acceptable LTV and competitive ROI for your property type and location.
We coordinate valuation, legal checks and lender introductions across metros and Tier-1 cities for faster LAP processing.
Loan Against Property (LAP) is a secured credit product where lenders provide funds using residential or commercial property as collateral. LAP is commonly used for business expansion, debt consolidation, higher education, medical procedures, capital expenditure and other high-value needs. Compared to unsecured loans, LAP typically offers higher loan amounts and lower interest rates because lending is secured against property.
Our LAP pre-check evaluates two main components: property value & acceptable LTV and borrower repayment capacity (income, existing EMIs, business cashflow). We present a conservative eligible amount — often the minimum of income-based capacity and LTV-based collateral capacity — so applicants see a realistic expectation before applying.
Lenders usually order an independent valuation and legal title verification. Local valuation and clean title documents speed up sanction & disbursal.
LAP tenures are typically longer than unsecured loans — common tenures 3–15 years. Pre-check uses a conservative default tenure of 15 years (180 months) unless specified by lender assumptions.
Common: Aadhaar, PAN, property title, sale deed, property tax receipts, NOC (if applicable), ITRs, bank statements, and passport photos. Commercial property may need additional business documents.
How it works: enter contact, property market value and income details. We calculate both collateral-based (LTV) and income-based capacity and present a conservative eligible amount. Server re-calculates at submission and final offers depend on valuation, legal checks and lender underwriting.