Home Loan


Found your fantasy house but struggling with the price tag? We can help with Home Loans designed for your needs. Our low interest rates and easy EMI plans can help unlock the door to your future.


Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Loan Against Property


Our Loans Against Property can help you through life’s biggest moments. Weddings, personal passions, educational fees or career changes - we’ve got you covered. Refinance any existing commercial or residential property at the best rates today.


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Balance Transfer


With our Balance Transfer option you can transfer your existing home loan to Godrej Capital and enjoy the benefits of a plan that works for you. Along with interest rates tailored to your comfort, enjoy higher eligibility, along with a Top-Up loan, to take care of your extra needs.


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Plot Loan


Found the perfect spot to build your future? Our Plot Loans can help make it yours. Our loans offer you the financial help, low interest rates and flexible payment options you need to construct the home of your dreams.


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Business Loan


We give you the courage to take that next step that your business needs. Godrej Capital Business Loans empower you with customizable financing solutions to grow your business to the next level!


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Professional Loan


We empower you to scale your medical practice with modern equipment, improve patient facilities or hiring skilled staff with our Professional Loan for Doctors.


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Udyog Loan Agaginst Property


Are you an MSME owner looking to scale your business operations? Take your business to new heights with Godrej Capital Udyog Loan Against Property. Our loan solutions enable business owners to get higher loan eligibility by allowing multiple sources of income to be considered. With quick loan approvals and attractive interest rates, our goal is to help your business achieve growth.


Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Commercial Property Loan


Take your business to the next level with a Commercial Property Loan that finances construction, extension or improvement to make your business goals become reality. With plans designed for your life, you can rest assured that your business empire is in safe hands.


Key Benefits | Interest Rates | Calculators | Documents Required | FAQs


A Comprehensive Guide to Business Loan Against Property: Everything You Need to Know

What is a Business Loan Against Property?

Loan against property also known as LAP is a secured loan type that allows you to pledge your industrial, commercial, or residential property in exchange for a loan amount. These assets can include owned land, commercial property, a house, and sometimes rental properties. It is a secured form of loan that can be availed against 70%-80% of the market valuation of the property. Based on the lender’s policies, the borrower can choose a suitable repayment timeline of up to 15 years. Loan against property interest rate is usually lower than the interest rate on an unsecured loan type and thus, this type of loan is usually taken with the objective of business expansion, debt consolidation, working capital requirements, bigger expenses such as a wedding, or financial emergencies.


Here are a few things you must know about business loan against property:


Benefits of availing a Business Loan Against Property


  1. Loan Against Property offers Higher Loan Amount
    One of the most prominent benefits of availing a business loan against property is the accessibility to higher loan amounts. In a loan against property, the lender assesses the valuation of a property and offers the sanctioned amount that is close to 70%-80% of the value of the property pledged. This is evaluated based on the loan-to-value ratio allowing them to offer a fair market amount which is much higher compared to other secured and unsecured loans.


  2. Loan Against Property Interest Rates are Competitive
    Given the nature of the loan, lenders have complete confidence in the repayment plan. Since it is a secured loan and is pledged against property, banks, and NBFCs offer special loan against property interest rates that can range anywhere between single high digits to double digits, depending upon the risk factors associated with the mortgaged collateral. This provides ease of repayment without the burden that is usually caused by high-interest rates. Additional factors affecting the loan against property interest rate include (but are not limited to) - credit score, profile of the applicant, property value, documentation and insurance, loan amount, tenure of the loan, and more.


  3. Loan Against Property Have a Longer Repayment Tenure
    Loan against property has a flexible and longer repayment tenure allowing the borrowers to plan their EMIs well. Unlike unsecured loans where the repayment tenure ranges from 5 to 7 years, a business loan against property can be availed for a higher repayment tenure of up to 15 years. This eliminates the stress of repayment in stipulated time and helps reduce the EMI amount allowing borrowers to utilize funds and fulfil financial obligations.


  4. Loan Against Property Allows Flexible End Use

    Funds received from a loan against property can be utilized for various purposes. Unlike other loans, there are no obligations attached to the amount borrowed. The lender does not interfere with the usage of the loan provided and can be utilized based on requirements such as professional expenses, higher education, business expansion, and more. The purpose of utilization may vary from lender to lender, but it offers flexibility of usage based on needs.


  5. Loan Against Property has Tax Benefits

    Salaried employees opting for a loan against property for residential purchase purposes can avail of tax exemptions on the interest paid of up to 1,50,000 to 2,00,000 under sections 24(B). While there are no exceptions on the principal amount, the exemption of loan against property interest rate can also be of significant help for the borrower.



Loan Against Property Eligibility
The eligibility criteria for loan against property is comparatively simpler than unsecured loans. Any salaried or self-employed individual can apply for a loan against property if he/she meets the lender’s eligibility criteria. Key eligibility criteria to apply for a loan against property are:

The borrower:

  • Must be a citizen of India.
  • Must be at least 21-25 years of age.
  • Must be self-employed or a salaried individual.
  • Must have a specific amount of monthly/ annual income. (The income limit varies for salaried individuals and companies applying for loan against property).
  • Must have consistent and stable work experience.


Loan Against Property Documents required

You need the following documents to apply for a loan against property:

  1. Proofs of identity, address, income, age, and educational qualifications
  2. Ownership documents of the property to be pledged.
  3. Bank statements of the previous six months
  4. Cheque for processing formalities


Other than the ones mentioned, the document requirement may vary based on the lender’s policy.

Loan against property offers borrowers the opportunity to unlock the value that is tied up in their property. This form of financing provides borrowers with a flexible and convenient solution to meet their funding requirements while utilizing the value accumulated in their property. It enables borrowers to tap into their property's worth and empowers them to achieve their financial goals and aspirations.


Godrej Capital offers loan against property with attractive interest rates, flexible repayment plans, exciting rewards on timely repayments, quick approvals, and a lot more. Its latest product offering, Udyog Loan Against Property - a specially curated loan solution for small business owners, allows a wide range of income groups to secure a loan of up to INR 3 crores against a variety of collaterals. It offers attractive interest rates, higher eligibility by considering multiple sources of income, and a higher repayment tenure of up to 15 years.


The contents of this article are for information purposes only & not a financial advisory. For more details, please refer to the product or service document and/ or connect with our customer representative prior to making any financial decision. The information is subject to update, completion, revision and amendment and may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject Godrej Capital or its Affiliates to any requirements. Godrej Capital or its Affiliates shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.


Financing through Godrej Finance Limited. Product T&C apply. For details visit www.godrejcapital.com/loan-against-property.