₹1,000 Cr+
Loans facilitated
₹3 Lakh Cr+
Partner network disbursals / yr
220+
Lenders across India
What you can use it for
- Business or working-capital needs
- Funding education or a major life expense
- Consolidating higher-cost borrowing
- Large planned purchases
Who can apply
Lenders differ, but eligibility usually depends on:
- Owning a residential or commercial property with clear title
- Income that supports the EMI
- A credit history lenders can assess
- Property and KYC documents
Documents usually needed
- Property ownership and title documents
- Identity, address and income proof
- Bank statements
Frequently asked questions
What kind of property can I pledge for a LAP?
Typically residential or commercial property with clear, marketable title in your name. The lender values the property as part of the process.
Is a LAP cheaper than a personal loan?
Because it is secured against property, a LAP often carries a lower rate and longer tenure than an unsecured personal loan. Compare both on FinThread.
Do I keep using my property during the loan?
Yes. You continue to own and use the property; it serves as security until the loan is repaid.