Business Loan
Against Property

  • right-tick Interest - Starting from 7% p.a.
  • right-tick Loan amount - Up to 90% of property value
  • right-tick Repayment Period up to 12 years.
  • Apply Online & Get Sanction 5x Faster

    Why Loan Against Property (LAP) for your business?

    Loans against property (LAP), are secured loans provided by lenders against the borrower’s property (residential/commercial/industrial/land). These loans can be used for business expansion. The rates and loan amounts differ based on the nature of your business, income, and property.

    Lenders on Yubi provide loans against property for business purposes in the form of term loans or overdraft facilities. The loan can be used to meet working capital,, expansion plans, and purchase of equipment or to refinance existing loans. Yubi's lender partners’ LAP options are flexible, easy, and quick to secure.

    Benefits of Applying for Business Loan Against Property (BLAP) on Yubi

    best-rate-icon

    Choose from 50+ Lender Options Leading to Best Rates

    loans-processed-icon

    Up to 5x Faster TAT as Loans are Processed Digitally

    liquid-income-icon

    Liquid Income Considered by Some Lenders

    superior-service-icon

    Lender Options for Every Kind of Requirement and Profile

    loan-amount-icon

    Loan Amount

    Loan of up to 90% of the value of your property depending on the type of the property

    It is important to note that a borrower’s assets are not considered as income as many make the mistake of believing that if he owns properties worth 10 crores, the lender will be happy to give him a loan. It is not so. A borrower needs to have a regular flow of steady income for the lender to extend even the first rupee.

    repayment-period-icon

    Repayment Period

    Up to 12 years

    terms-icon

    Terms

    Customized interest rates starting from 7%+

    Lenders on Yubi

    tata-captial
    icici bank
    hdfc bank
    aditya birla
    sbi bank
    bank of baroda
    rbl-bank
    yes bank
    axis bank
    feberal bank

    Frequently Asked Questions

    The processing fee ranges from 0.5% to 1.5% depending on the lender.

    The processing of the loans usually takes 10 to 15 working days once all the documents are submitted. It also depends upon your profile and documentation.

    Some financial institutions make LAP available only under the floating rate. Fixed-rate loans are off-limits. Borrowers need to enquire before finalizing a LAP from lending institutions.

    Yes, the property has to be insured against fire, flood, earthquakes and other appropriate hazards during the tenor of the loan.

    The repayment of the loan is done through Equated Monthly Instalments. It can be paid through Post Dated Cheques (PDC) or Electronic Clearance System (ECS).

    The loan against property can be pre-paid along with the pre-payment charges. Usually, the lenders charge 2 – 3% of the principal pre-paid.

    I already have one loan on my property? Can I avail one more? Yes. If the value of the property has increased significantly after availing the 1st loan, you can apply for top-up with existing lender or balance transfer with a new lender who will take over the loan and provide additional loan basis the latest valuation of the property.

  • circle-check-black PAN card
  • circle-check-black Proof of Identity
  • circle-check-black Proof of Address
  • circle-check-black Proof of Residence Ownership
  • circle-check-black Proof of Business existence
  • circle-check-black Business Profile
  • circle-check-black Income tax returns of last 3 years
  • circle-check-black Audited financials of last 3 years
  • circle-check-black Last 12 months bank statement
  • circle-check-black Last 12 months GSTR returns
  • circle-check-black Registered Sale deed/Conveyance/Lease deed
  • circle-check-black Past Sale Deeds Chain
  • circle-check-black Loan statement (Loan track) and list of property documents in possession of existing lender
  • circle-check-black Co-applicants KYC and ITR of last 3 years (if applicable)
  • circle-check-black Any other document required by the lender to assess eligibility