Loan Against Property

Your home builds value both emotionally and economically with time. With MyFundBucket Loan Against Property you can leverage the economic worth of your home while continuing to enjoy occupancy of the same, so that you get immediate finance to meet a variety of personal and business needs.

To have this in life, banks and NBFCs have come up with a product called 'Home loan online'. They are willing to give to people who are in need and also who want to invest.

We offer two variants of Loan against Property :

  • Loan Against Residential Property/ Plot.
  • Loan Against Commercial Property/ Plot.

Silent Features :

  • Loans against fully constructed, freehold residential and commercial properties for:
    • Business Needs
    • Marriage, medical expenses and other personal needs
    • Transferring your outstanding loan availed from another Bank / Financial Institution
  • Longer tenure, smaller EMIs.
  • Attractive interest rates.
  • Easy and hassle free documentation.
  • Simple repayments through monthly installments.
  • Integrated branch network for availing and servicing the loan anywhere in India.

Eligibility Criteria :

  • Property Value
  • Repayment Capacity
  • Assets
  • Liabilities
  • Age
  • Legal & Technical Clearance of Property Title

The above criteria are subject to change from time to time

Documents Required :

Following are the documents you would need to submit for all applicants / co-applicants along with the completed and signed Application Form for loan approval:

  • Proof of both identity and residence (any 1)
    • Valid Passport
    • Voter ID Card
    • Aadhaar Card
    • Valid Driving Licence
  • Proof of income
    • PAN Card
    • Last 3 months' Salary Slips
    • Last 6 months' Bank Statements, showing salary credits
    • Latest Form-16 and IT returns
  • Other documents
    • Employment Contract / Appointment Letter in case current employment is less than 1 year old.
    • Last 6 months' Bank Statements showing repayment of any ongoing loans.
    • Passport size photograph of all the applicants / co-applicants to be affixed on the Application Form and signed across.
    • Cheque for processing fee
    • Declaration and documents clearly stating the end use of the loan
    • Own Contribution Proof
  • Property related documents
    • Title Deeds including the previous chain of the property documents
    • Proof of no encumbrances on the property
    • Approved plan if applicable


Q. What is a loan against property?

Ans. A loan against property (LAP) is exactly what the name implies -- a loan given or disbursed against the mortgage of property. The loan is given as a certain percentage of the property's market value, usually around 40 per cent to 60 per cent.

Loan against property belongs to the secured loan category where the borrower gives a guarantee by using his property as security.

Q. What purposes can I take a loan against property for?

Ans. Loan against Property can be taken for following purposes:

  • Expanding your business
  • Getting your son/daughter married
  • Sending your son/daughter for higher studies abroad
  • Funding your dream vacation
  • Funding medical treatments

Q. What kind of properties can I mortgage for a loan?

Ans. You can normally take a loan against your self-occupied or rented residential property. This could be a house or even a piece of land.

Q. What are the eligibility criteria to get a loan against property?

Ans. This criteria will vary from one bank to another. However, from all the host of factors, the common factors that all banks look at are:

  • Your income, savings, debt obligations
  • Cost/value of the property mortgaged
  • Your repayment track record for other loans, credit cards, etc.

Q. What are the normal interest rates and tenure for repayment offered for a loan against property?

Ans. Interest rates on loan against property range from 12 per cent to 15.75 per cent, and the loan tenure can be up to 15 years.

User Reviews

Sorav Bansal, Kolkata

What they say they Do it

Two months back I have taken loan against property from First time I saw their advertisement on Instagram. I accessed website and found it very easy to operate and specific with the results I was looking for. I applied through online process and got confirmation SMS that my loan against property process is started. Agent Sanket called me to gather some information, I found him very humble and knowledgeable person. Sanket also helped me to complete documentation process smoothly. In few days I received my loan amount for which I am very thankful to Sanket and MyFundBucket.

Pooja dixit, New Delhi

Very helping website

I will be always thankful to for giving me loan against property when all other websites and banks were not ready to give me loan. I am getting emotional while writing this, it reminds me of tuff time I was going through and this website provided me quick loan with less documentation, which supported me and my family. Thank you very much from the bottom of my heart.

Nitin Pathak, Nasik

Best place to get loan

MyFundBucket is the best place to get loans online. I submitted loan against property request at, within an hour their customer care agent called me. She gave me complete information regarding loan against property and was helping me to complete the entire process, but I was in rush that time so arranged call back. I personal found this website very simple to use and not faced any problem so far. shown me various bank offers with low interest rate, I have also tried EMI calculator. I must say is doing great job.

Gulraiz Ansari, Mumbai

Excellent Service

MyFundBucket provided me loan against property and I have not faced any issues till now. I was surprise with their quick service which took less than a week. Website is user friendly and their team members are very supportive. I will recommend to everyone who is looking for loan against property.