Get Loan Against Property in Udaipur
Loan Against Property (LAP) is a secured loan where you pledge your residential, commercial, or
industrial property as collateral to get high-value loans at attractive interest rates. Catalyst
Financial Services helps you unlock the value of your property in Udaipur with quick approval
and flexible repayment options.
Loan Against Property Features
- ✅ High Loan Amount: Get up to ₹10 crores based on property value
- ✅ Low Interest Rates: Starting from 8.50% p.a.
- ✅ Long Tenure: Repayment period up to 15 years
- ✅ Low CIBIL Accepted: Loans approved with CIBIL score 550+
- ✅ Multiple Use: Use funds for any purpose - business, education, medical
- ✅ Quick Disbursal: Get funds within 7-10 days
Loan Against Property Details
| Particulars |
Details |
| Loan Amount |
₹5 Lakhs - ₹10 Crores |
| Interest Rate |
8.50% - 12% p.a. |
| Loan to Value (LTV) |
Up to 65% of property value |
| Loan Tenure |
Up to 15 years (180 months) |
| Processing Fee |
Up to 2% of loan amount |
Eligible Properties
🏠 Residential Property
- Self-occupied house/flat
- Rented residential property
- Residential plots
🏢 Commercial Property
- Office spaces
- Shops and showrooms
- Commercial complexes
🏭 Industrial Property
- Factories and warehouses
- Industrial plots
- Manufacturing units
Eligibility Criteria
For Salaried Individuals:
- Age: 21 to 65 years
- Minimum monthly income: ₹25,000
- Employment: Minimum 2 years work experience
- Property should be in applicant's name or co-applicant's name
For Self-Employed/Business Owners:
- Age: 21 to 65 years
- Business vintage: Minimum 3 years
- Annual income: Minimum ₹3 lakhs
- ITR for last 2 years required
Documents Required
Identity & Address Proof
- Aadhaar Card
- PAN Card
- Passport
- Voter ID
Income Proof
- Last 6 months salary slips
- Last 12 months bank statement
- ITR for last 2 years
- Form 16
Property Documents
- Property ownership documents
- Approved building plan
- Property tax receipts
- NOC from society/builder
Why Choose LAP from Catalyst Financial Services?
💰 High Loan Amount
Get up to 65% of your property value as loan
📉 Low Interest Rates
Competitive rates starting from 8.50% p.a.
⏰ Flexible Tenure
Repayment period up to 15 years
✅ Low CIBIL Accepted
Approval even with CIBIL score 550+
Frequently Asked Questions
Q: Can I get loan on ancestral property?
A: Yes, you can get loan on ancestral property if you have clear ownership documents and
consent from all legal heirs.
Q: Can I use the loan amount for any purpose?
A: Yes, LAP is a multipurpose loan. You can use it for business expansion, education,
medical emergencies, debt consolidation, or any other legitimate purpose.
Q: Will I lose my property if I take LAP?
A: No, you continue to own and use your property. The property is only mortgaged as
security. You get full ownership back after loan repayment.
Q: How is LAP different from Home Loan?
A: Home loan is specifically for purchasing/constructing property with lower interest
rates. LAP is against existing property for any purpose with slightly higher rates but
more flexibility.