Loan against property, using what you already own
Raise funds against a residential or commercial property you own, usually at lower rates than unsecured loans and over a longer tenure.
- Loan amount
- Up to 70% of property value
- Interest from
- 8.5% p.a.
- Tenure
- Up to 15 years
Rates and fees are indicative and set by the lender.
Key features
Why choose a loan against property through Fund Finserv
Lower rates
A secured loan, so rates are usually lower than personal loans.
Larger amounts
Borrow a higher amount, linked to the value of your property.
Keep using the property
You keep living in or running your business from the property.
Residential or commercial
Both property types are accepted by most lenders.
Eligibility
Who can apply
- Indian resident aged 25 to 70 years at loan maturity
- You own the property, alone or jointly
- The property has clear title and is free of disputes
- A stable income to support the EMI
Documents required
What you will need
- PAN and Aadhaar
- Income proof: salary slips or ITRs
- Last 6–12 months’ bank statements
- Property title documents and approved plan
Rates
Interest rates and charges
Indicative. The final rate is set by the lender after assessing your profile.
| Charge | Indicative range |
|---|---|
| Interest rate | 8.5% to 16% p.a. Indicative |
| Processing fee | Up to 2% of the loan amount + GST Indicative |
| Prepayment / foreclosure | Up to 4% of the outstanding principal Indicative |
| Late payment charge | Up to 2% per month on the overdue amount Indicative |
EMI calculator
Work out your EMI
The rate here is only an example. Your lender will confirm your actual rate.
Monthly EMI
₹32,693
for 120 months
- Principal
- ₹25,00,000
- Total interest
- ₹14,23,107
- Total payable
- ₹39,23,107
For illustration only. Your actual EMI depends on the rate and tenure the lender offers you.
FAQs
Loan Against Property FAQs
Typically 50% to 70% of the property’s market value, as assessed by the lender.