Loan Against Property

Loan Against Property in Coimbatore

Leverage your residential or commercial property to access high-value funds for any purpose. Low interest rates, long tenure, and no end-use restriction.

15+
Years Experience
500+
Loans Disbursed
₹5 Crore
Collateral-Free Limit
48 hours
Avg. Approval Time

About Loan Against Property in Coimbatore

A Loan Against Property (LAP) is a secured loan where you pledge your residential or commercial property as collateral to get a high-value loan at competitive interest rates. Unlike a home loan, there are no restrictions on how you use the funds.

At Universes, we help property owners in Coimbatore unlock the value of their assets. Whether you need funds for business expansion, education, medical expenses, wedding, or any other purpose, LAP offers the best combination of low interest and high loan amount.

Our team of experts guides you through the property valuation, documentation, and approval process, ensuring the fastest possible disbursal.

Benefits & Features

High loan amounts up to ₹5 Crore
Low interest rates from 9% p.a.
Long repayment tenure up to 15 years
No end-use restriction — use funds for any purpose
Both residential and commercial properties accepted
Higher eligibility compared to personal loans
Balance transfer facility available
Quick processing with doorstep document collection

Eligibility & Documents Required

Eligibility Criteria

  • Resident Indians who own a property
  • Property owners (residential, commercial, or industrial)
  • Age: 25 to 65 years
  • Salaried or self-employed with stable income
  • CIBIL score of 650 or above (preferred)
  • Property should have clear title and marketable value

Documents Required

  • KYC documents (Aadhaar, PAN, Passport)
  • Property documents (title deed, approved plan, EC)
  • Property tax receipts
  • Last 3 months salary slips (salaried)
  • Last 2 years ITR (self-employed)
  • Last 6 months bank statements
  • Passport-size photographs
  • Property valuation report (done by lender)

Interest Rates & Loan Details

Loan Type
Interest Rate
Max Tenure
Max Amount
Residential Property
9% onwards
Up to 15 years
Up to ₹5 Crore
Commercial Property
9.5% onwards
Up to 15 years
Up to ₹5 Crore
Industrial Property
10% onwards
Up to 10 years
Up to ₹5 Crore

*Interest rates are indicative and may vary based on profile, credit score, and lender terms.

Frequently Asked Questions

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