
Property Loan
Loan against property or LAP is a mortgage or secured loan availed after pledging a property as collateral. The interest rate starts from 7.25% p.a to 8.00% p.a. You can avail of LAP up to 70% of property value for maximum of 15 years.
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HDFC LAP

SBI LAP
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ICICI LAP
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Axis LAP
Bank | Bank Name | Interest Rate | Tenure | Processing Fees |
---|---|---|---|---|
Sundaram Home Finance Limited | 9.1%* | 20 years | NA | |
HDFC Bank | 7.55%* onwards
(Floating Rate) | 1-30 Years
Tenure Range | 0.5% or Rs.3,000 whichever is higher
(Processing Fee) | |
CANARA BANK | 7.05% to 9.30% p.a
(Floating Rate) | 30 Years
Tenure Range | 0.50% (min. Rs.1,500; max. Rs.10,000)
(Processing Fee) | |
Axis Bank | 6.90% p.a. onwards
(Fixed /Floating Rates) | 1-30 Years
Tenure Range | 0.50% (min.₹ 10,000)
(Processing Fee) | |
Aditya Birla Capital | 9.00% – 12.50% p.a
(Floating Rate) | 1-30 Years
Tenure Range | ₹ 5,000 to ₹ 10,000 + applicable tax
(Processing Fee) | |
PNB | 7.50% p.a. onwards
(Floating Rate) | 1-30 Years
Tenure Range | Up to 0.5% of the loan amount
(min 10,000 in both cases, excluding taxes)
(Processing Fee) | |
Union Bank of India | 7.40% p.a. onwards
(Floating Rate) | 1-30 Years
Tenure Range | 0.50% or ₹15,000 Maximum
(Processing Fee) | |
LIC Housing Finance | 7.1%* | 25 Years | 0.25% of the Loan Amount
| |
BANK OF BARODA | 6.90% to 8.25%
(Floating Rate) | Up to 30 Years
Tenure Range | NA | |
SBI | 7.55% - 10.85% p.a.
(Floating Rate) | 1-30 Years
Tenure Range | 0.35% onwards (min. Rs.2,000; max. Rs.10,000)
(Processing Fee) |
Lowest Interest Rate
Home loan interest rates are the lowest ever in the past 15 years. With raining festival offers on home loan, currently you can avail of the best interest rate on Bajaj Finserv home loan @7.70% p.a for all loan amounts.
No Foreclosure Charge
Home Loans at floating interest rate (linked to repo rate) offer you ultimate prepayment flexibility. There is no part or full prepayment charge. You can prepay early & reduce interest cost as per your cash flows.
Affordable EMI plans
You can avail the lowest Home Loan EMI at Rs. 727/- per lakh with maximum repayment flexibility. Some options are Step-Up EMIs, Step Down EMIs, Moratorium, OD facility, balance transfer, top up and more.
High loan Financing
Home Loans at floating interest rate (linked to repo rate) offer you ultimate prepayment flexibility. There is no part or full prepayment charge. You can prepay early & reduce interest cost as per your cash flows.