Loan Against Property (LAP)
Unlock the power of your property to achieve your financial and business goals.
Loan Against Property (LAP)
At Fortune Capital, we help you leverage your residential or commercial property to raise capital without selling your asset. Our Loan Against Property (LAP) is designed to meet the funding needs of business owners, self-employed professionals, and salaried individuals who seek substantial funds at competitive interest rates with flexible repayment options. Whether you need capital for business expansion, debt consolidation, or personal financial commitments, we offer tailor-made loan solutions backed by speed, transparency, and trust.
Key Features & Benefits
- High Loan Value: Get funding of up to 70%–75% of the property’s registered market value, subject to internal valuation and eligibility.
- Attractive Interest Rates: Enjoy competitive rates based on your credit profile, property type, and income stability.
- Flexible Tenure: Repayment periods ranging from 5 to 15 years, designed to match your cash flow and repayment capacity.
- Quick Processing: Streamlined documentation and efficient approval for faster disbursal.
- Continue Ownership: Retain full ownership and usage rights of your property while leveraging its value for capital.
- End-Use Flexibility: Funds can be used for business expansion, working capital, debt consolidation, education, or other valid purposes (excluding speculative or illegal use).
- Transparent Terms: No hidden costs—complete clarity on charges, tenure, and repayment structure.
Eligibility Criteria
Eligible Applicants:
- Self-employed professionals, business owners, and entrepreneurs.
- Salaried individuals with a stable income source.
- Partnership firms, LLPs, and private limited companies owning property.
Eligible Properties:
- Residential or commercial properties located within approved municipal limits.
- Self-occupied, rented, or vacant premises with clear/marketable title.
- Freehold or long-leasehold properties (subject to valuation and lender approval).
Other Basic Criteria:
- Age: 25 to 65 years (at loan maturity).
- Stable income and satisfactory repayment history.
- Property must be legally owned and free from encumbrances.
Documentation Required
For Salaried Individuals:
- Duly filled application form with recent photographs.
- PAN Card, Aadhaar Card, and valid address proof.
- Latest 3 months’ salary slips and 6 months’ bank statements.
- Form 16 or last 2 years’ Income Tax Returns.
- Property ownership documents (registered sale deed/title deed, tax receipts, etc.).
For Self-Employed / Business
- PAN Card, Aadhaar Card, and business registration proof.
- Last 2–3 years’ ITR with audited financial statements.
- 6 months’ current account bank statements.
- Proof of business existence (GST certificate, registration, etc.).
- Complete set of property documents with approved plan and ownership proof.
For Firms / Companies:
- Certificate of Incorporation / Partnership Deed.
- KYC documents of firm and partners/directors.
- Board Resolution for loan application processing.
- Audited balance sheets and profit & loss statements for the last 2–3 years.
- Property documents and valuation report.
Application Process
01
Submit Application:
Share basic details about the applicant and property.
02
Property Evaluation:
Our team conducts legal and technical verification of the property.
03
Credit Assessment:
We assess income, repayment capacity, and credit profile.
04
Sanction & Agreement:
Upon approval, we issue a sanction letter outlining key loan terms.
05
Disbursement:
Funds are disbursed quickly after completion of documentation and mortgage creation.
Why Choose Fortune Capital?
- Expertise in Secured Lending: Proven experience in property-backed and business financing solutions.
- Fast Turnaround Time: Efficient evaluation and disbursal process to meet time-sensitive funding needs.
- Customized Loan Structures: Flexible EMI and tenure options tailored to your profile.
- Pan-India Network: Extensive reach with access to leading NBFCs and financial institutions.
- Transparent Dealings: No hidden charges or complex clauses—complete clarity from start to finish
- Free Advisory
- Easy Apply Process
- Fast & Flexible Funding Options