Private Loan Against Property in India
Get private loan against property in India for business funding, loan takeover and other structured financial requirements. Fund Source India provides secured private financing against residential, commercial and industrial properties, including cases where borrowers may face difficulties obtaining conventional bank or NBFC funding.
What is a private loan against property?
A private loan against property is a secured financing facility in which residential, commercial, industrial property or eligible land is offered as collateral to raise funds from a private financier or alternative lender.
It can be considered by business owners and companies that may have difficulty obtaining conventional loans because of factors such as a low credit score, past repayment issues, documentation limitations or urgent funding requirements.
Unlike conventional bank lending, private lenders may place greater emphasis on the value and legal status of the property, the borrower’s repayment capability and the overall transaction structure.
Key Features of Private LAP:
- Well-suited for borrowers with bad credit history
- Available in all major cities of India
- Loans from Rs.1 crore to any highest amount required
- Loan against residential, commercial, and industrial property
- A loan can be raised against Land parcels also
- Can be raised with bad credit scores
- Can be utilized for business & personal needs
- Shorter disbursement time
Interest Rate, Tenure & Foreclosure
Interest Rate (ROI)
Our interest loan for private finance ranges from 15% to 20% (reducing balance)
Repayment Tenor
We offer 24 months to 84 months for the repayment
End Use of Fund
Strictly for business use only
Foreclosure Charges
As per policy, but negotiable
Document Required
- Complete property chain
- Income documents
- KYC – Company & individual
- Project report, if applicable
- Sanction letter for all running loans
- Latest notice is required in the case of loan defaults
Private Loan Against Property vs Bank Loan
Factor | Private LAP | Bank/NBFC LAP |
Credit history | More flexible | Very important |
Documentation | Case-dependent | Generally extensive |
Processing | Potentially faster | Usually long process time |
Property valuation | Matters most | Important |
Interest rate | Generally higher | Generally lower |
Loan structure | Customizable | Standardized |
Suitable for | Complex/urgent cases | Standard borrowers |
Who is this suitable for?
- Businesses unable to obtain conventional bank financing
- Borrowers with low or bad credit profiles
- Companies with previous repayment issues
- Businesses requiring urgent working capital
- Borrowers looking to refinance an existing property-backed loan
- Businesses seeking funds for OTS or NPA resolution
- Companies requiring large-ticket secured financing
- Borrowers with valuable property but complex financial profiles
Private Loan Against Property is available in the Following Cities
Why Choose Fund Source India?
- Specialized in alternative and private financing
- Experience with complex financing cases
- Funding solutions starting from ₹1 crore
- PAN-India coverage
- Experience with NPA and stressed-loan situations
- Solutions for businesses facing conventional lending difficulties
- Structured financing for loan takeover and OTS requirements
Frequently Asked Questions
Private financing is an alternative financial arrangement through private financiers & lenders. It is suitable for individuals or companies facing issues in raising funds from traditional banks or NBFCs. Yes, one can raise a loan against a property through private financiers or lenders.
First of all, a private funder representative understands the borrower's requirement, properties to be offered, and does the assessment of the financial profile & property legal & valuation to ensure the repayment of the new loan.
Then, all required financials, property documents, and the borrower's KYC are submitted, and after satisfactory due diligence of all documents & property, a loan is disbursed.
A private funder can offer a loan against property with a weak or poor credit history. Basically, they are not very concerned about the scores; they look for the property type & valuation. Secondly, they also access repayment sources of the borrowers.
They are specialists in providing a loan against property for low or poor-credit-rating borrowers.
The Borrower can raise a minimum of Rs 1crore to any higher amount required
The borrower can get 50% of the market valuation in a private loan against the property, moreover loan amount also depends upon the repayment capacity of the borrower.
Any kind of residential, commercial & industrial properties with a clear freehold property title are eligible for getting a loan against property from private finance. Only agricultural properties are exceptional and not eligible for a private loan.
Fund Source India is a premium private finance company that provides private loans against property in India. They can provide a private loan against property without a credit check or with a low credit score by creating a standard mortgage for the property.
