A loan against property (LAP) is a secured loan that banks, housing finance companies and NBFCs provide against residential or commercial property. These loans are usually offered at a lower interest rate as compared to a personal loan or business loan and are disbursed at a reasonable time.
Bank Name | Bank | Loan Rates | Tenure |
---|---|---|---|
Kotak Bank | 6.50% | 12-36 Months | |
Aditya Birla Finance Limited | 6.50% | 12-36 Months | |
LIC | 6.60% | 12-36 Months | |
HDFC Bank | 6.75% | 12-36 Months | |
ICICI Bank | 6.75% | 12-36 Months | |
Godrej | 6.75% | 12-36 Months | |
IDFC First Bank | 6.90% | 12-36 Months | |
IDBI Bank | 6.90% | 12-36 Months | |
Tata Capital | 6.90% | 12-36 Months | |
Indiabulls Housing Finance Limited | 6.95% | 12-36 Months | |
L & T Housing finanace | 7.25% | 12-36 Months | |
PNB Housing Finance | 8.55% | 12-36 Months | |
ICICI Home Finance | 9.25% | 12-36 Months |