LOAN AGAINST PROPERTY
Loan Against Property
Unlock funds against a property you own — compare offers from our regulated lending partners.
Check Your Offers →Unlock funds against a property you own — compare offers from our regulated lending partners.
Check Your Offers →A Loan Against Property lets you borrow funds by pledging a residential or commercial property you own as collateral — the property itself isn't sold, just used as security for the loan. Because it's a secured loan, it's typically available at a lower cost than an unsecured personal loan, for uses like business needs, debt consolidation, or other large expenses. NeerCred doesn't lend the money itself — we collect your details once and match you with partner banks/NBFCs who evaluate and, if approved, disburse the loan directly.
Both residential and commercial properties can typically be pledged for a LAP, provided you hold clear, marketable title to the property. Lenders assess the property's market value, its location, and its legal/title documentation as part of underwriting — the exact criteria and valuation approach are the matched lender's own, not NeerCred's.
A Home Loan finances buying or building a property and is available only for that purpose. A LAP is different: you already own the property, and you're borrowing against its value for any purpose — business expansion, medical expenses, education, debt consolidation, or other large expenses. LAP is typically offered at a lower LTV (Loan-to-Value) than a Home Loan, since the lender is financing against an already-owned asset rather than the purchase itself.
Because a LAP is a general-purpose secured loan, applicants use it for a range of large, planned expenses:
You'll be asked for this directly in the application below — nothing needs to be uploaded or prepared in advance.
Fill in your details
Answer a short set of questions online — takes a few minutes.
Get matched
We match you with eligible partner banks/NBFCs based on your profile.
Complete with the lender
Finish your application directly with the matched lender to proceed.
Can I get a LAP if I already have a loan on the property?
The application asks whether a loan is already running on the property, and if so, its outstanding amount, interest rate, and remaining tenure — this is shared with matched lenders as part of your profile.
Are there any charges from NeerCred for this?
No. NeerCred doesn't charge you anything to compare or apply. Any lender-side deduction or charge is disclosed by the lender in the Key Fact Statement (KFS) and loan agreement before you proceed.
What happens after I submit my details?
You're matched with eligible partner lenders based on your profile and property details, and you complete the rest of the application directly with the matched lender.
Can I use a LAP for any purpose?
Generally yes — unlike a Home Loan, a LAP isn't restricted to purchasing property. Common uses include business needs, debt consolidation, education, and medical or other large expenses. Your matched lender may still ask what the funds are for as part of their own assessment.
What's the difference between residential and commercial property LAP?
Both are generally eligible as collateral, but lenders may apply different valuation approaches and LTV limits depending on whether the pledged property is residential or commercial — the application asks for your property's pincode, city, approximate value, and age so this can be assessed.
Can self-employed applicants and business owners apply?
Yes. The application separately asks about GST registration and a business current account for self-employed/business-owner applicants, since lenders assess this profile differently from salaried applicants.
How is a LAP different from a Home Loan?
A Home Loan finances buying or constructing a property. A LAP lets you borrow against a property you already own, for any purpose — typically at a different LTV and structured differently, since the lender is financing against an existing asset rather than a purchase.
Is this the same application everywhere on the site?
Yes — every Loan Against Property entry point on NeerCred, including this page, leads to the same underlying application and the same partner lenders.
NeerCred is a multi-lender marketplace, not a lender — we match you with partner banks and NBFCs, who make the actual lending decision. No fees are charged by NeerCred; any lender deduction or charge is disclosed by the lender in the Key Fact Statement (KFS) and loan agreement before you proceed. See how it works and our compliance & disclosures for full details.
Same digital application, same partner lenders — city pages for applicants who'd rather start here.
Andaman & Nicobar Islands
Arunachal Pradesh
Chandigarh
Delhi
Himachal Pradesh
Jharkhand
Maharashtra
Manipur
Meghalaya
Mizoram
Puducherry
Sikkim
Tripura
Uttar Pradesh