Unlock Your Property’s Value: A Complete Guide to Loans Against Property (₹10L–₹2Cr)

When financial needs are urgent and substantial, selling off valuable assets isn’t the only solution. For many Indian households and businesses, a Loan Against Property (LAP) emerges as a strategic, reliable, and low-cost way to raise funds without giving up ownership of real estate.Whether you need capital for a child’s education, business expansion, medical emergencies, or debt consolidation — LAP offers high-value funding starting from ₹10 Lakhs and going up to ₹2 Crores or more, depending on eligibility and property value.In this detailed guide, we will walk you through the essentials, benefits, eligibility, documents, and application process of a Loan Against Property, and explain why it’s one of the smartest financial tools available today.A Loan Against Property (LAP) is a type of secured loan where you pledge your residential, commercial, or industrial property as collateral to borrow funds.Know More: Since it’s backed by a tangible asset, the interest rates are lower compared to unsecured loans like personal loans. The lender keeps the documents of the property until the loan is repaid, but you retain the ownership and use of the property during the loan tenure.