Loan Against Property : Apply for Loan Against Property Online at low interest rates - Ruloans


Loan against property is one of the best loan options for people that own commercial or residential properties. By keeping the property as collateral, you can get a loan against property easily via Ruloans. When you apply for a loan against property via Ruloans, you get a loan that is hassle free with faster approvals and lowest interest rates. Below we will mention how you can benefit from taking a loan against property via Ruloans.

You can get a loan on various property types
You will be happy to know that a loan against property can be given against commercial property, residential property and even a loan to purchase a commercial property.
Lowest interest rates
You can get lowest interest rates and best deals on loan against property when you apply via Ruloans.

Transfer existing loan against property
The best part of applying via Ruloans is that we allow you to move your existing loan. That's because we provide you with the best loan deals that can help you save interest money.
Be assured of quick and transparent processing
When you apply for a loan against property via Ruloans, you can get a loan that has a streamlined process. Hence approvals will be quick and you can get the loan amount sooner than ever.


How does Loan against property work?

When you apply for a loan against property, the Bank will evaluate your property and accordingly will provide you with a certain percentage of the property amount. This percentage will usually hover between 50-75%*. The Bank will give you these funds in advance so you can utilize the loan amount and sort all your problems. But please remember that this money that has been given to you will be repayable with interest. You can re-pay this loan amount through monthly EMIs (Equated Monthly Installments).

What is the best way to apply for a Loan against property via Ruloans?

There are 3 ways through which you can apply for a Loan against property via Ruloans. You can do this via:

  • Online via Ruloans Loan against property Page.
  • Visit Ruloans Office and start your loan process or Call our Toll Free number 18002667576.
  • You can even mail us on and send us your Loan against property requirement.

What are the different types of property that are considered in loan against property?

When you wish to apply for a loan against property via Ruloans, you can get it on self-occupied residence, commercial or industrial property.

Why should I opt for a loan against property instead of a Top-up loan?

A Loan against Property (LAP) has multiple advantages over a Top-up Loan. These include,

  • Higher Loan Amount - LAP offers a higher loan amount than Top-up Loans.
  • Different Property - LAP can be availed on residential or commercial property and Top-up Loan may only be taken against the property already in question. This flexibility allows you to both avail of a higher loan amount.
  • Longer tenure - LAP can be availed for a long term than Top-up Loan.

What are the factors considered when deciding a loan amount?

Some of the factors an average lender considers when deciding a loan amount are,

  • Property's registration
  • Property's market value
  • Loan amount requirement and eligibility
  • Your income and repayment capacity

Can an NRI get a loan against property?

Yes! There are many lenders that provide LAPs for salaried NRI customers.

What documents do I need to submit along with my application for a Loan against property?

You can read above in this page itself where we have mentioned the document list in detail.

How will my loan EMI be calculated?

The EMI consists of the principal amount and interest on the principal amount. It is calculated by taking into account the loan amount, the time frame for repaying the loan and the interest rate on the borrowed sum. The EMI may be subject to change when interest rate changes or a part-payment of the Loan is made. Every month, part of the EMI is adjusted towards the interest payable and the balance is adjusted towards repayment of the principal.