Unlock the value of the property you already own.
Secured funding against your residential or commercial property, for business, education, medical or family needs, with every cost explained upfront.
How it works
Your property works for you,
while you keep using it.
A Loan Against Property (LAP) lets you raise funds by mortgaging a house, flat, shop or office that you own. Because the loan is secured, it usually offers a larger amount and a longer repayment period than an unsecured personal or business loan.
At Blue City FinCap, a unit of Allbright Electricals Private Limited and an RBI-registered NBFC, we assess your application on your repayment capacity as well as the property. Our Jodhpur team explains the valuation, the legal checks and every charge before you commit, so there are no surprises later.
At a glance
- Residential or commercial property
- For business or personal needs
- You keep living in or using the property
- Repay in monthly EMIs
- Rate and charges in your Key Fact Statement
- Doorstep document collection
What you can use it for
One loan, many purposes.
Business expansion
Add a new outlet, buy machinery or stock up ahead of the season, using property you already own.
Working capital
Smooth out cash-flow gaps between purchases and receivables without breaking long-term savings.
Education
Fund higher studies in India or abroad, including fees, travel and living costs.
Medical needs
Meet planned or emergency treatment costs for yourself or your family.
Family milestones
Weddings, functions and other important occasions, planned with a repayment you can manage.
Renovation and construction
Extend, repair or upgrade a home or commercial premises.
Eligibility
Who can apply?
Salaried individuals, self-employed professionals such as doctors and chartered accountants, and business owners including traders, shopkeepers and manufacturers can apply.
Your loan amount is based on the market value of the property set by an independent valuer, your income and existing EMIs, and your credit history. A family member with a regular income can join as a co-applicant to strengthen the application.
The property should have
- A clear and marketable title
- Approved plan or conversion, where applicable
- All owners joining as co-applicants
- Up-to-date property tax payments
Documents checklist
Keep these ready.
Your relationship manager will confirm anything specific to your case, such as additional papers for inherited or jointly owned property.
- 01KYCPAN, Aadhaar and recent passport-size photographs of all applicants and co-owners
- 02Income proofSalary slips and Form 16, or ITRs with computation and audited financials for businesses
- 03Bank statementsLast 6 to 12 months for all active accounts
- 04Property titleRegistered sale deed or title deed, with the previous chain of documents
- 05ApprovalsApproved building plan and conversion or allotment letter, where applicable
- 06Tax and utilityLatest property tax receipt and a recent electricity bill for the property
The process
Five clear steps,
from enquiry to disbursal.
- 01
Share your requirement
Tell us the amount, purpose and the property you plan to offer as security.
- 02
Submit documents
Your relationship manager collects KYC, income and property papers, at your doorstep if you prefer.
- 03
Valuation and legal check
An independent valuer visits the property and our legal team verifies the title.
- 04
Sanction and KFS
You receive the sanction letter and Key Fact Statement with the rate, charges and EMI.
- 05
Agreement and disbursal
Sign the loan agreement, complete the mortgage and receive funds in your bank account.
Loan Against Property FAQs
Questions about
property loans.
Can’t find what you’re looking for? Call us on +91 85620 00111.
It is a secured loan where you pledge a residential or commercial property you own as security. You keep using the property while you repay the loan in monthly instalments.
Our offices
Vinod Tower, 401, L.I.G.H., Chopasni Road, Jodhpur 342008
Office details Directions7, Mangoe Lane, 1st Floor, Room No. 105, Kolkata 700001
Office details Directions