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Axis Bank Loan Against Property: Unlock Your Asset's True Value

Leverage your residential or commercial property to secure high-value funding for your business or personal needs. With rates starting at 10.50% p.a., Axis Bank provides a practical financial cushion without losing ownership.

Interest Rate10.50% p.a.
Max Tenure20 Years
LTV RatioUp to 75%
Contact Now Home Loan Guide

Axis Bank LAP Interest Rates 2025

Loan Category PSL Category Rates Non-PSL Category Rates
Term Loans (Floating)10.50% – 10.90%10.50% – 10.95%
Overdraft Loans (Floating)10.50% – 10.90%10.50% – 10.95%
Lease Rental DiscountingCustomized based on Lease NPV

Specialized Funding Solutions

Lease Rental Discounting (LRD)

Get funding against your rental income from corporate tenants. Funding up to 85% of rental NPV or 50% property value.

Reverse Mortgage

Designed for senior citizens (60+). Generate a regular income stream from your primary residence without selling it.

Overdraft Facility

A flexible withdrawal limit where interest is charged only on the utilized amount. Perfect for managing business liquidity.

Standard LAP

Generic loan against residential or commercial properties with balance transfer and top-up options available.

Eligibility Criteria for Axis LAP

Borrower Profile

  • Age: 24 to 65 years.
  • Applicants: Salaried, Self-employed, and Professionals (Doctors, CAs, Lawyers).
  • Income: Stable repayment capacity with documented proof.

Property Requirements

  • Dispute-free title with clear legal documentation.
  • Occupancy certificate & approved building plan.
  • Up-to-date property tax receipts.

Competitive Market Analysis

Banking Institution Starting Interest Rate Benefit
Axis Bank10.50% p.a.High LTV & Flexible OD
HDFC Bank9.50% p.a.Lowest Market Rate
SBI10.60% p.a.Trust & Low Charges
ICICI Bank10.85% p.a.Fastest Processing

Required Documentation Checklist

Income Proof

Salaried: 3 months' salary slips, 6 months' bank statements, and Form 16.

Self-Employed: 2-3 years' ITR, audited financials (P&L, Balance Sheet), and business proof.

KYC & Property

PAN, Aadhaar, Passport-size photos. Property sale agreement, allotment letter, and latest tax receipts.

Frequently Asked Questions

For floating rate loans, charges are NIL if repaid within limits. Repayments exceeding 25% of the balance may attract a 3% charge. Business-use foreclosures typically attract a 3% fee.
LAP is based on property value and your income, while LRD (Lease Rental Discounting) is specifically based on the future rental income generated from a corporate lease.

Maximize Your Property's Potential

Don't let your assets sit idle. Get a free LAP savings audit from MyLoans and find the best tenure and rate for your financial goals.

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