Loan Against Property Eligibility Calculator

Loans Against Property (LAP) is a loan offered by banks or other lending institutions for business expansion or the bad time of financial crises. It is offered after mortgaging freehold property, both residential and commercial and better than personal loans or gold loans.

LAPs are, therefore, one of the most sought-after loans in India and are even more affordable today on account of the competition in the loans-disbursal market. Not just affordable, LAP are also very easy (or simple) to avail and repay. This is so because real-estate is mortgaged when you avail LAP and real-estate prices rarely dip which makes them much safer.

Loan Against Property Eligibility

Eligibility criterion for banks and other institutions are almost same for salaried professionals, self-employed professionals and self-employed businesspersons. According to the criteria, you:

  • Should be an Indian national
  • Should be at least 21 years of age at the time of submitting the loan application
  • Should have been employed by your current organization or been involved in your business for a certain number of years
  • Should have the minimum required salary or monthly repaying capacity
  • Should have submitted EMIs for other loans and made your credit card payments on time for three months prior to submitting the loan application

Loan Against Property Eligibility Calculator

Loan Against Property Eligibility Calculator helps you to find out the loan you are eligible for, given the value of your property and monthly income. You can check for EMIs to be paid and work on your finances accordingly.

SBI loan against property eligibility

An individual who is an employee or a professional, self-employed or an income tax assesses or engaged in agricultural and allied activities can apply for SBI Loan Against Property.

Your Net Monthly Income (salaried) is in excess of Rs.12,000/- or Net Annual Income (others) is in excess of Rs.1,50,000/-

The income of the spouse may be added if he/she is a co-borrower or a guarantor.

 Maximum age limit: 60 years

HDFC loan against property eligibility


HDFC loan against property helps to meet you business needs, marriage, medical expenses and other personal needs. Or transferring your outstanding loan availed from another Bank / Financial Institution.

ICICI loan against property eligibility

Any citizen of India can apply for ICICI loan against property at attractive rates for tenure of 15 years. It can be availed for Starting a new business, long term working capital, funding, children's higher education, repaying your high interest debts

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