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Mortgage Loan
Unlock the full value of your property with a Loan Against Property. Lower rates, higher amounts, flexible usage.
Loan Against Property – Unlock Your Asset's Value
A Mortgage Loan (also known as Loan Against Property or LAP) lets you use your residential or commercial property as collateral to get a high-value loan at significantly lower interest rates compared to personal loans or business loans. It's one of the smartest ways to raise large funds without selling your asset.
At Jyoti Associates, we help you navigate the valuation, documentation, and bank selection process to maximize the loan amount and minimize the interest rate for your specific property.
Key Benefits
- ✓Loan up to 70% of property market value
- ✓Interest rates from 10% p.a. (much lower than personal loans)
- ✓Loan tenure up to 20 years
- ✓Residential & commercial properties accepted
- ✓Can be used for any purpose – business, education, medical
- ✓Continue to use/rent the property during loan tenure
- ✓Overdraft facility option available
Eligibility Criteria
- ✓Age: 25 to 65 years
- ✓Clear property title and legal ownership
- ✓Stable income (salaried or business)
- ✓CIBIL score 650+
- ✓Property in approved locations
FAQs
Which types of property can be mortgaged? ▼
Both residential (house, flat, plot) and commercial (shop, office, warehouse) properties are accepted. The property must have a clear title and should be legally registered in your name.
Can I use the mortgage loan for any purpose? ▼
Yes! Unlike home loans, a mortgage loan can be used for any purpose — business expansion, debt consolidation, education, medical emergencies, or personal needs. There are no end-use restrictions.
How is the loan amount determined? ▼
Banks typically offer 50–70% of the market value of your property (LTV ratio). The exact amount also depends on your income, credit history, and property type/location.