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.


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

Udyog Loan Against 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

Lease Rental Discounting


Want to leverage your rental earnings to get a loan? We offer industry-best loan-to-value Lease Rental Discounting, allowing you to explore new business opportunities, fund personal expenses, or even pursue higher education. Unlock the value of your assets without selling them.


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

Balance Transfer


Transfer your existing loans to Godrej Capital and experience the benefits of lower interest rates, flexible repayment terms, and significant EMI savings. Enjoy higher eligibility, along with a Top-Up loan, to take care of your extra needs.


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

Home Loan


Seeking a Home Loan to buy a ready-to-move-in property, an under-construction house, or renovate your current residence? Our Home Loan, featuring low interest rates and flexible EMI plans, is specifically designed to help you accomplish buying your dream home.


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

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.


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

Professional Loan for Doctors


Whether you need working capital to start your own clinic or upgrade your current practice with new facilities and hire skilled staff, our professional loans for doctors are here to help you.


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

Professional Loan for Doctors


Whether you need working capital to start your own clinic or upgrade your current practice with new facilities and hire skilled staff, our professional loans for doctors are here to help you.


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

Professional Loan for CAs


Want to scale your professional practice? We now offer professional loans for doctors and chartered accountants (CAs) to help you expand your existing set-up, hire more staff, buy modern equipment, and fulfil other business requirements to improve and develop your services.


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

Business Loan for MSMEs


If you're an entrepreneur with a small business or an MSME and are aspiring to take your venture to greater heights, you're in the right space! While you hustle for your company's success, we stand prepared to accompany you on this journey. Access unparalleled funding possibilities with our MSME-focused business loans, aligning seamlessly with your endeavors for business growth.


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

Business Loan for Women


Are you a woman entrepreneur with a vision for business growth? We are excited to fuel your ambitions with our women-centric business loans. Whether you're spearheading a small-scale business or a micro enterprise, our MSME-focused business loans are designed to meet your business needs.


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

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!


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


Here’s How Veeru Helped Jai to Understand the Nitty-Gritty of Loan Against Property


Owning a private business in Mumbai, Jai dreams of expanding his venture to other cities and needs substantial funds. He had heard about Loan Against Property but wasn’t sure how to avail it. On a Sunday morning, when Jai was thinking about it, a conversation with his friend, Veeru, a successful business owner himself, eased his worries!


Jai: Hey Veeru! What a pleasant surprise to see you here!


Veeru: Hi Jai! How are you? How are you expansion plans working?


Jai: Things are alright as such. However, I am a little worried about funds for setting up my new offices.


Veeru: Oh, is it? Have you thought of any way through which you want to arrange the funds?


Jai: Yes. I am planning to get a Loan Against Property. However, I am not sure how to go about the entire process.


Veeru: Hmm. I think I can help you here. You see Jai, there are certain aspects that you need to be mindful of before opting for Loan Against Property. First, let us begin with understanding what Loan Against Property is.


Loan Against Property is a mode of finance where the lender provides funds against the property. This loan can be against fully constructed, freehold residential and commercial properties for your personal or business needs. This loan can be availed by both, salaried and self-employed individuals. Understood?


Jai: Yes! But how do I know which lender to choose?


Veeru: This is the first step before you take any long-term financial decision, my friend. You see, there is no shortage of lenders in the market offering Loan Against Property. However, you need to base your research on several parameters:


  1. Credibility or reputation of the lender
  2. Maximum tenure offered
  3. Rate of interests offered
  4. Flexible repayment strategy
  5. Post-sale services


My advice is to research well on the lenders available in the market. There are aggregator portals that can assist you to compare offerings from multiple lenders. Alternatively, if you have a lender in mind, then I suggest visiting their official website or contacting their customer representative.


Jai: That’s useful! Could you tell me about the quantum of funds that I can expect?


Veeru: Well, it varies across lenders. Before deciding the amount, the lender will appraise your property. The amount will then depend on the prevailing market value. Generally, lenders sanction approximately 60% to 70% of the value of the property as a loan. So, if the value of your property is INR 1 crore, you can expect funds worth INR 60 to 70 lakhs.


Jai: Alright. What’s the eligibility for Loan Against Property?


Veeru: Eligibility for Loan Against Property is defined well by lenders on their website. After you zero-in on a lender, visit the official website to know the eligibility criteria. Generally, you need to have a good CIBIL score and a certain income threshold to apply for Loan Against Property. You can find all the information on your preferred lender’s website.


Jai: What rate of interest on Loan Against Property can I expect?


Veeru: The rate of interest on Loan Against Property is on the lower side as it’s a secured mode of finance. However, the rate of interest varies across lenders, and is also affected by several factors such as your profile, type of property to be mortgaged, and tenure of the loan etc.


Thus, while making a choice, competitive rate of interest should also be a point of consideration, as it directly impacts your EMI amount. In case you are unsure how the EMIs are calculated, online EMI calculators are available to help you with the calculation.


Jai: I see! Can you guide me on the documents I need to produce along with the loan application?


Veeru: You need the following documents:


  1. KYC documents (proof of identity and address: Aadhaar number, passport, driving license, voter’s identity card)
  2. Proof of Income
  3. Property-related documents


The documentation varies from lender to lender and thus, I advise that you visit the official website of the chosen lender to acquire a complete list. Alternatively, you can get in touch with the customer care representative to get an in-depth understanding.


Jai: Thank you for the information, Veeru. Do you know any credible lender offering Loan Against Property?


Veeru: Today, there are multiple lenders in the market that offer Loan Against Property. The choice of lender depends on your requirement. However, out of my personal experience, I recommend Loan Against Property from Godrej Housing Finance. They are fair, fast, and flexible, above all, their offering brings multiple benefits such as:


  1. Low interest rates starting at 7.99% per annum
  2. Longer tenure of up to 20 years
  3. Offers up to 70% of the market value of your property
  4. Loans for both personal and commercial properties


Jai: Oh, that’s great. I will immediately check out more about the offering online.


Veeru: While you research, you need to be mindful of the repayment strategy. Opt for a loan that you can repay easily. Flexibility in repayment is essential. Also, do read the terms and conditions carefully before signing the loan documents.


Most people make the mistake of choosing a loan solely based on the interest rate. Don’t commit that mistake. Take into consideration the lender’s credibility and the flexibility on offer. As a Loan Against Property is a long-term commitment, these small things matter significantly.


Jai: That was quite a session, Veeru! I believe a hot cup of tea is a great way of saying thanks!


Godrej Housing Finance is one of the country’s leading housing finance companies that offers home loans on flexible terms and conditions. To know more, click here.


The names used in this article are fictitious and are used for representational purposes only.


The above information is for illustrative purpose only. For more details, please refer to the product or service document and/or connect with our customer representative prior to making any financial decision