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HDFC Bank Loan Against Property

Unlock the hidden value of your residential or commercial property with HDFC Bank’s Loan Against Property (LAP). Starting at a competitive interest rate of 9.50% p.a., this secured funding solution allows you to borrow up to 65% of your property's market value for business expansion, education, or personal needs.

  • Interest Rates from 9.50% to 11.00% p.a.
  • Flexible Tenure up to 15 Years.
  • Minimal Documentation & Fast Disbursal.
  • Guaranteed 100% Transparency via MyLoans.
Apply via MyLoans for 1-2 Week Approval
Starting Rate9.50% p.a.
Max FundingUp to 65%
Max Tenure15 Years

Strategic Highlights: HDFC LAP 2025

Category Detailed Description
Interest Rate Range9.50% p.a. – 11.00% p.a. (Floating)
Loan TenureRepayment cycles up to 15 years
Maximum Loan AmountUnlock up to 65% of the property's market value
Processing FeesUp to 1% of the loan amount (Min ₹7,500)
Eligibility Age18 to 70 years (At the time of maturity)

HDFC LAP Interest Rates: Floating vs Fixed

Rate Type Applicable Interest Rate (p.a.)
Floating Rate9.50% – 11.00% p.a.
Fixed Rate11.80% – 13.30% p.a.

Comprehensive Fee & Charges Matrix

Category Charges & Fees
Interest Rate ConversionUp to ₹3,000
Part Prepayment (≤25% yearly)NIL Charges
Part Prepayment (>25% yearly)2.5% + GST
Foreclosure Charges2.5% of outstanding (NIL after 60 months)
Penal Interest18% p.a. + taxes on overdue amount
Payment Return Charges₹450
Repayment Mode Change₹500
CERSAI Registration₹100

Required Documentation Checklist

For Salaried Individuals

  • Identity: Voter ID, Employer ID.
  • Address: Utility bills, Ration card.
  • Income: Last 6 months salary slips & Bank statements.
  • Tax: Form 16 (Last 2 Years).

For Self-Employed Applicants

  • Financials: Last 3 years certified statements.
  • Identity: Voter ID, PAN Card.
  • Bank: Last 6 months business statements.
  • Rental: Rent agreement & 12 months proof (If applicable).

Market Comparison: Top Bank Interest Rates

Bank Name Up to ₹30L Above ₹75L
HDFC Bank7.50% p.a.+7.50% p.a.+
State Bank of India7.50% p.a.+7.50% p.a.+
ICICI Bank8.55% p.a.+8.55% p.a.+
Axis Bank7.60% – 10.30% p.a.7.60% – 10.30% p.a.
Kotak Mahindra7.99% p.a.+7.99% p.a.+

Frequently Asked Questions

What is a Loan Against Property (LAP)?
A LAP is a secured loan where you mortgage your residential or commercial property to access high-value funds for personal or business use.
What is the maximum loan amount?
HDFC offers up to 65% of the property's market value, depending on eligibility and property valuation results.
What is the typical repayment tenure?
The repayment tenure for HDFC Bank LAP ranges between 5 to 15 years, allowing for manageable monthly installments.
How long does the approval process take?
With MyLoans' digital support, most HDFC LAP applications are approved within 7–10 working days, subject to documentation.

Why Choose MyLoans for Your HDFC LAP?

MyLoans simplifies the complex LAP journey. We offer guaranteed up to 100% funding options, lifetime expert assistance, and a fully digital process that ensures fast approvals within 1–2 weeks.

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