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Loan Against Property EMI Calculator
Unlock Your Property Value
A Loan Against Property EMI Calculator is a financial tool
that helps you to determine your EMI based on your loan amount,
interest rate and tenure.
It simplifies the loan planning process,
making it easier to manage your finances.
Loan
Amount(₹)
₹1 Lakh₹30Cr.
Illustrative Interest
Rate(P.A.)
1%20%
Tenure
(In Years)
130
Features
-
Instant provisional sanction*
*T&C,
Subject to correct upload of documents -
Tenure of up to 15 years
-
Hassle free process
DOCUMENTS
Recommended Products
FAQs
A Loan Against Property is a secured loan, where you can mortgage your residential,
commercial or special use property to get immediate funds for any purpose, ranging from
business expenditure to personal needs. In LAP, the property you own, which has a clear
title, is kept with ICICI Bank as a collateral or security, to help you get financial
assistance.
- When it comes to a Loan Against Property eligibility, ICICI Bank’s Loan Against Property is available for salaried individuals between the age of 25 to 65, who want to fund wedding expenses, child’s education, medical treatment, property purchase, debt consolidation or for any other purpose.
- The loan facility is also available to self-employed individuals who have their own business or practice. The minimum age is 25 and the maximum is 65, when it comes to a Loan Against Property’s eligibility.
- ICICI Bank LAP is also tailored to meet the needs of medical professionals. This category of customers can easily qualify for the loan and get an Instant Loan Against Property approval on the loan amount.
- Doctors are eligible to get a Loan amount up to 75% of their property value. They can use the funds for buying medical equipment, expanding their operations, buying a second home and more.
- The funding is also available for industrial or any other special use properties, for a tenure of up to 10 years.
You can avail an ICICI Bank Loan Against Property for a maximum tenure of up to 15
years.