Loan Against Property: An Easy All-Purpose Loan

Your property is the most valuable asset for you. Unlock your property's true worth by undertaking it as the security to get immediate funds to meet your both business and personal needs that life throws up at you. Whether you need funds to meet your education, marriage, healthcare needs or simply want to quench your business needs, Loan Against Property is the ideal way to utilize and leverage your property to its full potential. Reap the best benefit of your investment and fulfill your dream of taking your business to the next level or get your home renovations done that you have been waiting for since long with Loan Against Property. Be it your business or personal financial needs, you can mortgage your residential or commercial property to easily avail a required amount at the lowest price.

Why Choose ITFI for Loan Against Property?

With decades of experience in providing a wide range of loans, we ensure you quick, easy and hassle-free Loans Against Property at the lowest interest rates. Our customized loan services to meet your needs whether it be for business, foreign education, marriage or whatever you need, can come to your aid. And why to look here and there when India's top Mortgage lenders are here to stand by your side. For us, our clients and their needs are a top priority. We believe in providing instant loan approvals to minimize your hassle to get you the urgent funds.

Know About Our Offerings

  • Quick and Easy Processing We at ITFI, understand that you need your funds immediately, therefore, we fast-track the loan applications by involving minimal paperwork. With an online application procedure, we keep the process easier, simple and transparent!
  • Nature of Collaterals Accepted To meet your urgent financial needs, we accept a wide range of collateral for the loan approvals. From pre-owned residential to commercial buildings, we are happy to work with you and for you.
  • Lowest Interest Rate & No Hidden Charges on EMI EMI is an amount that you repay the principal and interest rate. To avoid putting financial pressure on your clients, our loan calculator suggests you an accurate amount of EMI of principal amount and lowest interest rate without adding any hidden charges.

How to Apply For a Loan Against Property at ITFI?

    Applying for a New Business Loan at ITFI involves five simple steps :
  • Step 1: Go to the 'Loan Against Property' page on our website and click on the 'Apply Now' button.
  • Step 2: Fill out the personal and financial credentials. Once completed, your eligibility will be checked by our highly proficient loan calculator.
  • Step 3: Once you clear the eligibility, our loan calculator suggests a list of banks and NBFCs that fits your eligibility criteria. From the name of the best financial institutions to interest rates to required documents, that list will include everything.
  • Step 4: By choosing your own choice of the financial institution from the given list you can quickly begin filling the form and upload the required documents as per their requirements.
  • Step 5: After uploading the documents, your application will be sent electronically to the bank you selected. Our team closely works with the loan department and will update you on the exact status via SMS.

What are the Basic Requirements In Getting Your Loan Approved at ITFI?

The basic eligibility for a Loan Against Property is, the applicant should be the age of min 25 years old at the time of borrowing and 65 is the max-age to repay the complete principle along with the interest. The rest of the eligibility criteria varies from bank to bank and the profile of the individuals. The common factors considered by the bank for loan approvals are:
  • The customer must have citizenship of India.
  • Strong professional stability and saving history can aid you in getting loan approval.
  • A good credit history with a proven track record of timely loan EMI and credit card bill repayment without any default will be an added advantage for borrowers.
  • The amount of the loan is evaluated based on your property’s market value.
  • Property should be under the applicant’s name but loan against property can be taken as co- applicants if the property is registered with multiple names.

Loan Eligibility for Salaried Applicant

The applicant must be working with the same company for a minimum of 3 months. A salaried applicant must be over 25 years at least to apply for a loan against property. You should maintain a good credit score before applying for this loan.

Loan Eligibility for Self-Employed Applicants

The eligibility criteria for Self-Employed Professionals have been further divided into Self- employed professional applicants including Architects, Doctors, Chartered accountants and many more. Self-Employed Non-Professionals such as commission agents, traders, contractors, and other business owners.

To avail the loan against property, the self-employed professionals must be involved in the existing profession for a few years and regular in filing income tax returns.
  • Loan Eligibility for Self-Employed Non-professional Applicants.
  • The property should not be tangled in any legal issues.
  • Clear titles registered in the name of the applicants.
  • The property value should be higher than the proposed loan amount.
  • The property papers should not be kept under any financial institution for other mortgages while applying for the loan against property.

Frequently Ask Questions

It is a loan provided by a bank or financial institutes against fully constructed, freehold residential or commercial properties for both personal and business needs. ITFI offers you easy and simple ways to get LAP at the lowest interest rates.

While personal loans are unsecured loans that can be borrowed only for personal funding needs, whereas LAP is a fully secured loan amount and can be obtained for both personal and business funding needs.

There is no additional security would be required other than submitting your property papers to the bank and repay the principal amount with accurate interest.

Yes, LAP can be availed against a fully constructed and freehold commercial property and can be used for commercial purposes.

It is not mandatory to apply for a bank account before taking a loan from it. But if you have an account with the bank, you become eligible for a relationship discount. Some banks also provide you additional services along with relationship discount.

Yes, you can track your application via SMS and email. We also provide the facility to track your application on our website via login menu.

For your loan-related queries, you can call our representative on 1800 2667576 or mail us at

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