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What is Loan Against Property

A loan Against Property is a loan that is given to an individual/business that uses residential, commercial, or industrial properties as collateral for their loan. The amount of money that can be borrowed depends on the value of the property and how much equity they have in it. When you take a loan against your property, it means you are using the value of your property as collateral while you use the money to invest elsewhere.

Features and Benefits of a Loan Against Property

Maximum Loan Amount
Up to Rs. 1Cr
Loan Repayment Period
7 years
Loan-to-Value ratio
Anywhere up to 70%, depending on your down payment amount
Faster Disbursal
Within 3 working days


Our Loan Against Property for MSMEs and Startups is a leading product in this market. It offers a simple, transparent, and quick process to avail the loan. It is designed to cater to the needs of MSMEs and startups that are looking for flexible access to credit.

Here are some reasons why you should work with us:

  • Lending Against Owned Property – Use owned property to generate funds which can be used for business expansion, asset acquisition, or working capital. Eligible properties include residential, commercial, or industrial property.
  • Benefits Your Business and Helps Grow it Further – The loan can be availed for various purposes, including purchasing land and construction, purchasing machinery and equipment, business expansion, working capital requirements, and cash flow support.
  • Long Tenure – We offer loans with long tenures so borrowers can pay them back at their convenience without worrying about high EMIs.
  • Save Rent – Buy your Own Property – With a Loan Against Property for MSMEs and startups, you can buy your own property and use it as an office. This helps you reduce operational costs as well as save on rent payments while also getting better ROI (return on investment).

Why choose our loan against property?

Easy and Transparent Application Process
Customized Nationwide Services
Personalized & Doorstep Service
No-Hassel Documentation
30+ Years of Experience

Our process

Applying for our Loan Against Property is simple and easy process. You can apply by following below steps:

1. Apply

Click “Apply Now” on the top right corner of the Loan Against Property product page.

2. Enter details

Enter details like your name, required loan amount, contact details, city etc.

3. Submit

Once you have rechecked all the details entered in the form, click on “Submit”.

4. Get a call

For further process & details, our tele calling team will call you within 24-48 hrs.

What is the Eligibility for Loan Against Property?

Eligibility criteria to avail Loan Against Property from us

  • Bureau Score more than 700
  • Business vintage more than 3 years

What are the Documents Required for Loan Against Property?

Documents required to avail Loan Against Property from us:

  • 3 Years Balance sheet and ITR
  • 12 Months’ Bank Statement
  • GST Returns for the current year
  • KYC – Aadhar & PAN
  • Residence & Factory ownership proof


We offer secured Loans Against Property, meaning we will get a lien on your property until the loan is repaid or sold on the open market. The interest rate on this type of loan is usually lower than unsecured loans because there is less risk involved in lending money to someone who has collateral backing their debt (in this case, their commercial property).

To apply for a Loan Against Property, you need to submit an application form along with the other necessary documents. The application will be forwarded to our processing team, where it will be scrutinized. Once your application has been approved, you can collect the loan amount.

This depends on various factors, such as the type of property and its value. However, on average, your application gets approved within 24-48 hours after the submission of documents, on the condition that everything has been submitted properly without any errors or omissions.

You can borrow up to 70% of your property's market value (the price it would sell for if you put it up for sale).

If you fail to pay back your Loan Against Property in India, it may lead to foreclosure, which means, we will take away all your assets and sell them to cover our losses from foreclosing on your property.

There are two eligibility criteria for Loan Against Property based on whether you are salaried or self-employed.

Should be a citizen of India

Has to be between 28 and 58 years of age (the upper limit is the age at which the loan should mature)

Needs to be working at a public or private company or MNC for a minimum of 3 years

An Indian citizen residing in India

Able to prove a steady source of income

Between the ages of 25 and 65 years (the upper limit is the age at which the loan should mature)

A home loan usually helps facilitate the purchase or construction of a new house; the property does not belong to the loan applicant. On the other hand, a Loan Against Property is taken by keeping your existing property as security; this kind of loan can be used for various purposes, while a housing loan is restricted to acquiring a new property. In the case of a housing loan, you may get a loan for up to 90% of the value of the property. On the other hand, a Loan Against Property gives you only 60% to 70% of the value of the property.

A mortgage loan is a loan you can take by keeping an immovable asset as security. This immovable asset can be anything from machinery to property. On the other hand, for a Loan Against Property, you can only provide property as collateral for the loan.

It is definitely possible to get a Loan Against Property for a joint property as long as the other owners are co-applicants for the loan. Joint properties are actually eligible for higher loan amounts.

Electronica Finance Limited does not provide loan against land. It provides loan for construction on land.

Area's we serve

  • Delhi
  • Faridabad
  • Gurgaon
  • Sonipat
  • Belgaum
  • Bengaluru
  • Bengaluru (Bommasandra)
  • Aurangabad
  • Pune
  • Pune- Chakan
  • Pune- Khed Shivapur
  • Pune- Lonikand
  • Pune - Pimpri
  • Kolhapur
  • Mumbai - Goregaon
  • Mumbai - Vasai
  • Nagpur
  • Nashik
  • Thane
  • Chandigarh
  • Ludhiana
  • Chennai
  • Chennai(Thirumudivakkam)
  • Coimbatore
  • Agra
  • Ghaziabad
  • Kolkata
  • Baroda
  • Rajkot
  • Surat
  • Vapi
  • Jamshedpur
  • Indore
  • Pondicherry
  • Bhiwadi
  • Jaipur
  • Hyderabad
  • Roorkee

Customer success stories

Electronica Finance standby with us and helped in financing us with an excellent support when no banks and financial institution supported us. Thank you Team EFL!

Mr. Nimesh Gajjar
Shri Vishwakarma Mould

Electronica Finance understood my aspirations as an entrepreneur. With Electronica Finance all happened in lightning speed. Our company has because of EFL's support.

Mr. Arun Dhanpal
Kokila Group

Electronica Finance gave us the much needed direction and finance and supported us all along the way in our journey. We owe our success to Electronica Finance.

Mr. Satish K
Triton Engineering
Watch success stories