Salaried individuals, self-employed professionals, and business owners with clear property ownership and stable income can apply. Eligibility depends on age, income, credit score, and property valuation as per lender policies.

You can generally avail up to 70% of the market value of the property. The final loan amount depends on property type, location, applicant income, credit profile, and lender assessment norms.

Interest rates for loan against property usually start from around 8.50% per annum. Rates may vary based on property profile, applicant credit score, loan amount, and the lending institution’s pricing policies.

Loan against property can be availed for a tenure of up to 15 to 20 years. Tenure depends on applicant age, repayment capacity, and lender-specific guidelines.

Approval and disbursal typically take between 7 to 15 working days, subject to property legal verification, valuation, and completion of required documentation.

Yes. Funds from a loan against property can be used for business expansion, education, medical expenses, debt consolidation, or other personal financial requirements, subject to lender guidelines.