A loan against property is a secured loan that you can avail by offering your property as collateral. Banks give around 80% of the property value as a loan. Both, salaried and self-employed individuals are eligible for a loan against property. It helps them fulfill both their business and personal needs by mortgaging the property. You can take a loan against industrial, residential and commercial property. You should declare the end-use of the loan against property in the application form. 

The Best Loan Against Property Schemes

These are some of the best loans against property schemes. 


Interest Rate 

Loan Amount 


State Bank of India loan against property

8.45% per annum to 10.00% per annum 

Up to 7.5 crores

3 to 15 years 

Edelweiss Financial Services Ltd loan against property

As per the terms and conditions 

Up to Rs. 25 crores 

Upto 15 years 

IIFL loan against property

11.50% per annum to 25% per annum 

Upto Rs. 10 crores 

Upto 10 years 

Kotak Mahindra Bank loan against property

9.5% per annum onwards 

Rs. 10 Lakhs to Rs. 5 crores 

Upto 15 years

Axis Bank loan against property

7.90% per annum to 9.30% per annum 

Rs. 5 Lakhs to Rs. 5 crores

Up to 20 years 

HDFC Bank loan against property

8.00% per annum to 8.95% per annum 

Up to 65% of the value of the property 

Upto 15 years 

Tata Capital loan against property

10.10% per annum onwards 

Rs. 10 Lakhs to Rs. 3 crores 

Upto 15 years

IDFC First loan against property

7.5% per annum onwards 

Upto Rs. 7 crores

Upto 20 years 

How To Choose The Best Loan Against Property Scheme? 

You should research and compare the various loans against property schemes across different lenders. You should choose one that offers affordable interest rates and the loan amount and tenure according to your requirements. 


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