A Loan Against Property (LAP) is a secured credit facility offered against residential, commercial, or industrial property. It enables individuals and businesses to unlock the financial value of their real estate assets while continuing to retain ownership. LAP is an ideal solution for meeting high-value funding requirements such as business expansion, working capital needs, debt consolidation, medical expenses, education abroad, property renovation, or personal financial obligations.

At Mitra Loans, we collaborate with renowned banks and NBFCs to provide customized LAP solutions at competitive interest rates and flexible repayment tenures. The loan amount is determined based on the market value of the property, borrower’s income, credit score, and repayment capability. Lenders generally offer up to 50%–70% of the property’s current market value, depending on property type, age, and location.

LAP products include term loans, overdraft facilities, top-up loans, and balance transfer options, providing customers with better control over cash flow and repayment planning. Our advisory team ensures complete guidance throughout the process—from preliminary evaluation, property assessment, and document preparation to lender selection and disbursement.

With professional service, transparent communication, and seamless coordination with lenders, Mitra Loans ensures customers receive a secure, stress-free, and high-value loan solution while maximizing the benefits of their property asset.