Borrowing against a residential or commercial property you already own.
A loan against property is a secured loan where an owned property is mortgaged to the lender. Because the security is tangible, the interest rate is materially lower than an unsecured business or personal loan, and the tenure is longer — commonly ten to fifteen years. Lenders typically advance a percentage of the assessed market value rather than the full value.
It is used for business expansion, working capital, consolidating expensive debt or funding a large one-off cost. We prepare the file, place it with partner banks and NBFCs, and run the process through valuation, legal opinion and disbursement. Sanction and pricing remain the lender's decision.
Key features
- Residential, commercial and, with some lenders, industrial property accepted
- Loan amount set as a percentage of assessed market value, varying by lender and property type
- Longer tenure and lower rate than unsecured borrowing of the same size
- Overdraft and term loan structures both available
- Title documents, valuation and legal opinion required before sanction
- Balance transfer of an existing facility to a lower rate where it makes sense
Risk disclosure. Loans are sanctioned at the sole discretion of the lending institution, subject to its credit policy, documentation and applicable charges. We facilitate the application; we do not sanction credit. Pyrramid Wealth Distributors distributes this product and does not manufacture it. Nothing here is a recommendation or investment advice.