Unlock Your Property'sHidden Value

You can get up to 75% of your property's market value as a loan, with a maximum limit of ₹20 crores depending on the lender and your repayment capacity. The exact loan amount depends on factors like property valuation, your income, credit score, and the bank's lending policies.

Both residential and commercial properties are eligible, including apartments, independent houses, plots, shops, offices, warehouses, and industrial properties. The property should have clear title, proper documentation, be in a location approved by the lender, and should be constructed as per approved plans.

Yes, loan against property is a multipurpose loan with no end-use restrictions. You can use it for business expansion, working capital, education expenses, medical emergencies, debt consolidation, home renovation, or any other legitimate personal or business purpose.

With MoneyKarma's streamlined process, you can get in-principle approval within 30 seconds of checking eligibility online. Final approval typically takes 48-72 hours after document submission and property valuation. The entire process from application to disbursement usually takes 5-7 working days.

Absolutely! You retain complete ownership and usage rights of your property during the loan tenure. You can continue living in your residential property or operating your business from a commercial property. The lender only holds the property documents as collateral, which are returned after loan closure.

You can sell your property during the loan tenure, but you'll need to first close the loan using the sale proceeds. The buyer and seller need to coordinate with the bank to ensure a smooth transaction. Some lenders also offer loan transfer facilities to the buyer if they meet eligibility criteria.

Yes, there are standard charges including processing fees (typically 0.5-2% of loan amount), valuation charges, legal and technical verification charges, and prepayment charges (if applicable). At MoneyKarma, we ensure complete transparency with all charges disclosed upfront with no hidden fees.

Generally, loans are sanctioned against completed properties with occupancy certificates. However, some lenders may consider under-construction properties that are at least 70-80% complete and from reputed builders. The loan amount may be lower in such cases, and specific terms and conditions apply.