Frequently Asked Questions (FAQ) for Loan Against Property in Delhi NCR through LoanMoney

Loan Against Property Frequently Asked Questions (FAQ) in Delhi NCR

Have a Question regarding Loan Against Property? Check out Frequently Asked Questions about Loan Against Property. Find the answers to all your Loan Against Property queries and Get your clarification right here.

LaonMoney is an Authorized Direct Selling Agents of various National, Multinational and Non Banking Financial Companies for promoting their sales for asset division. Quick Form for Personal Loan in Delhi NCR Click here

LoanMoney can provide Loan Against Property from:-

Loan Against Property from Nationalised Bank: Canara Bank, Allahabad Bank, Andhra Bank, Bank of India, Bank of Maharashtra, Central Bank of India, Dena Bank,IDBI Bank, Jammu and Kashmir Bank, Karnataka Bank, Punjab and Sindh Bank, Syndicate Bank, UCO Bank, Union Bank of India, United Bank of India, Vijiya Bank, State Bank of India, Punjab National Bank and Bank of Baroda.

Loan Against Property from Private Bank: Bandhan Bank, Corporation Bank, DCB Bank, Federal Bank, IDFC Bank, Indian Bank, Indian Overseas Bank, Oriental Bank of Commerce, South Indian Bank, HDFC Bank, ICICI Bank, Yes Bank, Axis Bank, Kotak Mahindra Bank, Standard Chartered Bank, HSBC Bank, Deutsche Bank, Induslnd Bank and RBL Bank.

Loan Against Property from Non Banking Financial Company (NBFC): DHFL Home, Indiabulls, Tata Capital, Bajaj Finserv, Capital First, Fullerton India, Aditya Birla Finance, LIC Housing Finance, Magma Fincorp, Reliance Capital and Tata Capital.

LoanMoney will get you an approval in Less Processing Time, Easily Available Loan, Lowers Interest Rates and No Agent or Middleman Charges. Quick Form for Personal Loan in Delhi NCR Click here

Loan Against Property Frequently Asked Questions (FAQ)

Who can avail a Mortgage Loan?
oth Salaried as well as Self-Employed people can avail Mortgage Loan, irrespective of the income.

How can I make a request to foreclose my Loan Against Property account?
Kindly submit a written request to your nearest Retail Loan Service Centre to close your account. Our customer service desk will provide you with the necessary assistance.

What are the charges I need to pay to foreclose my loan?
You may refer to the "Fees & Charges" option under the product "Loan Against Property" and "Loan Against Rental Receivables".

How do I apply for a Loan Against Property (LAP)?

You can apply for a loan in the following ways:

  • Fill in the online application form and our representative will get in touch with you
  • Call one of our Phone Banking numbers provided on the website
  • Visit your nearest branch
  • Our existing liability customers may also get in touch with their Relationship Managers/ Personal Bankers to know more and apply for LAP

What Property can be considered as collateral for LAP?
You can provide your self-occupied Residential or Commercial property (Shops and Offices) as collateral. Quick Form for Personal Loan in Delhi NCR Click here

What is the maximum loan I can get against my Property?
You can get a Loan Against Property up to a maximum of 60%* of the market value of your property. 

Which factors determine the eligibility of a mortgage loan?

The general factors taken into account while determining the eligibility of loan against property are listed below:

  • Income
  • Age (Min. 21 Years)
  • Property Valuation
  • Existing Liabilities (if any)
  • Current Work Experience
  • Financial Documents
  • Number of Dependants 

How much loan can I get?
You can get a LAP up to 80% of the registered value of your property depending on the Bank’s policy and the property type and valuation. 

How would the value of my property be determined?
The value of the property would be determined through a valuation conducted by the Loan Provider. 

What is the difference between a Home Loan and Loan against Property?
There is a huge difference between a Home Loan and Loan against property. Home Loan is taken only for the purpose of buying a residential property whereas a Loan against Property can be taken for any purpose. Quick Form for Personal Loan in Delhi NCR Click here 

What are the stages involved in availing the loan?

  • Application
  • Processing
  • Documentation
  • Verification/Valuation
  • Sanctioning of the Loan
  • Disbursement 

Is there any processing fee charged by the Bank?
Yes, a nominal fees and charges are to be paid to the Bank depending upon their term and conditions. 

What are the documents required for applying for a loan against property? 

Loan Against Property For Salaried:

  • Application form with photograph
  • Identity and Address Proof
  • Latest Salary Slips
  • Form 16
  • Bank Statements (Last 6 months)
  • Processing fee cheque 

Loan Against Property For Self-Employed:

  • Application form with photograph
  • Identity and Address Proof
  • Proof of business existence & Education Qualifications.
  • Last 3 years ITR
  • Last 3 years P&L and Balance Sheet
  • Bank Statements (Last 6 months)
  • Processing fee cheque 

How much time does the Bank take to disburse the loan?
The processing of the loans usually takes 7 to 10 working days once all the documents are submitted. It also depends upon your profile and documentation. 

Does the property have to be insured?
Yes the property has to be insured against fire, flood, earthquakes and other appropriate hazards during the tenor of the loan. Quick Form for Personal Loan in Delhi NCR Click here 

How can I repay my loan?
The repayment of loan is done through Equated Monthly Installments. It can be paid through Post Dated Cheques (PDC) or Electronic Clearance System (ECS) 

Can I pre-pay my loan?
The loan against property can be pre-paid along with the pre-payment charges. Usually the bank charges 2% of the principal pre-paid. 

Know more about Loan Against Property

Loan Against Property

A loan against property (LAP) is exactly what the name implies a loan given or disbursed against the mortgage of property. Loan against property belongs to the secured loan category where the borrower gives a guarantee by using his property as security. Read more...

Apply Loan Against Property

Apply for Loan Against Property Get mortgage and private loans against property for any type - commercial or residential in India. Apply for loan against land or property loan with easy documentation, speedy approvals and nil foreclosure charges. Enjoy long tenures up to 20 years. Read more...

Loan Against Property Interest Rates

Check loan against property Interest Rates and apply loan against property with lowest EMI. Compare Loan Against Property Interest Rates in Delhi NCR for all your personal needs. Read more...

Loan Against Property Must Read

LoanMoney assist you in obtaining Loan Against Property (LAP) by mortgaging your residential house or commercial property or industrial property (ies), to get your cash liquidity at cheap rates. It is secured loan on property where bank gives highest loan possible on your loan repayment capacity with lowest Rate Of Interest (ROI). Read more...

Why choose LoanMoney for taking Loan Against Property in Delhi NCR

  • Easily Available: - Loan Against Propertys are offered at reasonable interest rates and it is easy and convenient to get Loan Against Property from in comparison to Loan Against Propertys from other Banks or NBFCs. Quick Form for Personal Loan in Delhi NCR Click here
  • No Agent or Middleman Charges: - In order to get Loan Against Property, you do not have to pay any agent or middleman charges. LoanMoney as your Loan Agency help you avoid unnecessary delays and expenses. You can directly approach the LoanMoney for Loan Against Property for the immediate financial need.
  • Less Processing Time: - LoanMoney guarantees that the processing time involved in getting  Loan Against Property is very less.
  • All Purpose Loan: - Loan Against Propertys is such where it is not mandatory for you to specify the cause for which you are to use the money. You can use the amount credited in your name for any purpose.
  • Minimum Paperwork: - LoanMoney ensures that getting a Loan Against Property does not require verification of any asset or any other kind of proofs and certificates that involve a lot of paperwork. Quick Form for Personal Loan in Delhi NCR Click here

LoanMoney will get you an approval in quickest possible time. All you need to do is visit and fill an enquiry form. You can also drop a mail to or call to +91-8130 222 111. A LoanMoney representative will get in touch with you and collect your documents from your doorstep.

Click Here to Apply

Apply Loan Against Property


Personal Loan is an unsecured loan given to borrower against his Income and credit...





Quick and Easy Home loan, a secured mortgage loan for your home / house needs careful...


A loan against property (LAP) is a good alternative if you need capital. Your property...


Running a business is never an easy task. One is bound to face financial hiccups.
Like/Follow LoanMoney on Facebook Follow LoanMoney on Twitter Read LoanMoney Blog Follow LoanMoney on LinkedIn Follow LoanMoney on Google Plus Watch LoanMoney Videos on Youtube