Loan up to 10 Core * | Tenure 36-180 Months | Interest Rate Starting at 9.5%* p.a.
When considering a Loan Against Property (LAP), probably the most important thing to focus on is the rate of interest. The lower the rate of interest, lower will your EMI amount every month. This can help you manage you finances better, and save more over time.
Loan Against Property (LAP) interest rates vary based on the type of customer—Salaried, Self-Employed, or SMEs—and several other key factors. The final rate offered depends on your net monthly income, employment or business stability, existing financial obligations (EMIs or loans), the type of property being pledged, and the LAP product you choose. Customers with strong financial profiles—such as consistent income, low debts, and good credit history—can enjoy the lowest possible interest rates, making their loan more affordable and easier to repay.
At Grahaan Capital, we assist only eligible customers and offer affordable interest rates on LAP. This makes it easier to reach your personal or professional target. Apart from interest, to process LAP, there may be some nominal charges such as processing fees, legal charges, or charges for valuation. We believe in transparency and do so at reasonable rates.
Read more below to know more about our existing LAP interest rates and charges, etc.
| Particulars | Charges |
| Personal Loan Interest Rates | 9.5% p.a. onwards Lowest Interest Rate (depending on several factors including net income, employment or business stability, existing monthly obligations, type of LAP product, etc.) |
| Loan Amount | From ₹3 Lakh to ₹10 Crore |
| Rate of Interest Conversion Fee | 1% of the loan amount sanctioned (SME loans/Loan Against Property & LRD) |
| Charges for switching of loans from floating to fixed rate and vice versa | Minimum 2% of the outstanding loan amount |
| Processing Fees | Up to 3% of the loan amount |
| Loan Tenure | 3-15 years |
| Late payment charges (applicable for payment default) | 2% plus GST charged monthly (24% per annum) on the overdue amount calculated on day-to-day basis |
| Swap charges for any change in repayment instruments | INR 500/- per instance |
| Swap Charges- for substitution of bank for ECS/ACH/Direct Debit (per instance) | INR 500/- per instance |
| Loan Cancellation Charges (Loan Cancelled Before 1st EMI) | INR 5,000/- if the loan is cancelled at the request of the Borrower after disbursement of the Loan, but before the encashment of the Loan disbursal cheque. If cancellation of the Loan is requested after encashment of the Loan amount, Prepayment conditions as specified herein shall apply. |
| Cheque/ECS/ACH Direct Debit Dishonour Charges | INR 500/- per instance shall also be payable for every instance of dishonour of Cheque/ECS/ACH Direct Debit. |
| Stamp Duty | At actuals (as per state) |
| * No Other Hidden Charges | |
A mortgage loan or loan against residential property is a secured loan in which you use your residential or commercial property as a security. It is a secured form of loan where you can avail a large amount in the form of loan which can be paid in equal installments of amount that one can easily afford in a given period.
This type of secured loan is most appropriate if an individual is in dire need of a large amount of money for some essential purposes. Some common reasons to borrow include:
Yes, you can get a loan against commercial property. To apply for one, follow the below steps:
On successful verification, the loan amount will be disbursed into your bank account instantly.