Tenure up to 15 years
A long amortisation keeps the EMI light even on a large ticket, and you can prepay from windfalls without penalty on floating-rate loans.
Loan Against Property
Release the value locked in a house, shop or plot you already own — long tenures and our lowest rates, for expansion, consolidation or a large one-off need.
Secured
The lowest cost of funds we offer.
Release the value locked in a house, shop or plot you already own — long tenures and our lowest rates, for expansion, consolidation or a large one-off need.
| Loan amount | ₹5 Lakh – ₹2 Crore |
| Tenure | 24 – 180 months |
| Interest rate | 10.75% p.a. onwards |
| Processing fee | 1.00% of sanctioned amount |
| Prepayment | Permitted after 6 EMIs |
Features
What you get
Residential or commercial
Self-occupied homes, rented flats, shops and industrial units are all acceptable security, subject to clear and marketable title.
Up to 65% of market value
Funding is capped at 65% of the valuer's assessed market value, which keeps the exposure comfortable for both sides.
Balance transfer with top-up
Move an existing high-rate property loan to us and draw a top-up in the same transaction.
Eligibility
Who can apply
- Sole or joint ownership of the property offered as security, with clear and marketable title
- Applicant aged 25 – 65 years at loan maturity
- Documented income — salary, business receipts or verifiable rental income
- Property free of encumbrance, litigation and unauthorised construction
Meeting the criteria above makes you eligible to apply; it is not by itself a sanction. Every application is subject to credit appraisal and verification, and we will tell you plainly if we cannot help.
Documents
What to keep ready
- Complete chain of title deeds, latest property tax receipt and approved building plan
- Encumbrance certificate for the last 13 years
- Income proof — 3 years of ITR for self-employed, 3 months of salary slips for salaried
- KYC of all co-owners and co-applicants
Originals are needed only for verification and are returned immediately. We accept DigiLocker-issued documents for KYC.
Full transparency
Interest, fees and charges
Everything that can ever be charged on this loan is listed here and repeated in your Key Fact Statement. Nothing outside this list will appear on your account.
| Charge | Applicable amount |
|---|---|
| Processing fee | As stated in the sanction letter, deducted from the disbursal amount |
| Interest type | Fixed, on a monthly reducing balance |
| Late payment / penal charge | 2% per month on the overdue instalment amount only, not on the whole outstanding |
| EMI bounce charge | ₹500 per dishonoured instrument, plus the bank's actual charge |
| Part-prepayment | Permitted after 6 EMIs · 2% of the prepaid principal (nil on floating-rate loans to individuals) |
| Foreclosure | 3% of the outstanding principal after 6 EMIs (nil on floating-rate loans to individuals) |
| Duplicate statement / NOC | ₹250 per document |
| Stamp duty and legal charges | At actuals, as applicable in the state of execution |
| Goods & Services Tax | 18% on all fees and charges, as notified |
The interest rate applicable to you is set using the board-approved risk-based pricing model described in our Interest Rate Policy.
EMI Calculator
Work out your loan against property EMI
Pre-filled with a representative loan against property. Change any value to model your own.
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3 months15 years
Your monthly EMI
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- Principal amount₹0
- Total interest payable₹0
- Total amount payable₹0
Principal
Interest
Indicative only. The figures assume a fixed reducing-balance rate and equal monthly instalments, and exclude processing fees, GST, stamp duty and insurance. Your actual EMI is confirmed in the Key Fact Statement issued with your sanction letter.
FAQs
Loan Against Property questions
By an empanelled independent valuer who visits the site. You receive a copy of the valuation report, and the sanctioned amount is capped at 65% of the assessed market value.
Two to three weeks is typical. Legal and technical due diligence on the property is the longest step; the credit decision itself is usually made within a week of receiving complete documents.
Yes, the original title deeds are held in safe custody for the duration of the loan and returned within 30 days of full repayment, along with the no-dues certificate and lien release.
Also from Nawkar
Other loan products
Unsecured
Personal Loan
Collateral-free funding for a wedding, medical bill, tuition fee or a month that simply ran long. Sanctioned on your income, not on what you pledge.
- Amount₹50,000 – ₹10 Lakh
- Tenure12 – 60 months
- Interest13.50% p.a. onwards
Working capital
Business / MSME Loan
Working capital and growth funding for shops, traders, manufacturers and service businesses — sized on your cash flows, not on a rigid template.
- Amount₹1 Lakh – ₹50 Lakh
- Tenure12 – 60 months
- Interest15.00% p.a. onwards
Secured
Gold Loan
Turn idle household gold into working money in under an hour — valued transparently in front of you, insured, and vaulted until you redeem it.
- Amount₹10,000 – ₹25 Lakh
- Tenure3 – 36 months
- Interest11.50% p.a. onwards
Apply for a Loan Against Property today.
Five minutes to apply, a decision within one working day, and a Key Fact Statement that spells out every rupee before you sign.