Our Model
Blending The Physical With The Digital: Embracing Phygital Approach
Our approach combines the physical and digital realms, creating a seamless customer experience known as 'Phygital.' Through our branch offices and dedicated field staff, we establish a personal connection with customers. Our underwriting process involves physical visits by our underwriters to appraise businesses.
Physical Branch
Digital Technology
Phygital Experience
Best of both worlds - Personal service with digital efficiency
Pillars Of Our Business Model
Industry-Centric Insight
We possess a distinctive comprehension of the businesses we lend to, supported by industry-specific guidelines that guide our lending decisions.
Tailored Flexibility
Our products are meticulously crafted to align with the distinct needs of various industry sectors, ensuring a customized lending experience.
Holistic Assessment
We employ proxy indicators to evaluate customers' income and repayment capacity, fostering a comprehensive understanding of their financial capabilities.
Data-Driven Precision
Our approach is fortified by scientific data analytics, allowing us to make informed decisions that underpin the success of our lending initiatives.
Frequently Asked Questions
What is a Loan Against Property (LAP)?
A Loan Against Property (LAP) is a secured loan where you pledge your property as collateral. It can be used for personal or business needs like expansion, education, or debt consolidation. Your property remains with you, but acts as security until the loan is repaid.
What are the benefits of taking a LAP?
LAP offers high loan amounts at competitive interest rates, thanks to the secured nature of the loan. It also comes with flexible tenures and can be used for multiple financial purposes—ideal for asset-rich individuals and businesses.
Who is eligible to apply for a LAP?
You must be an Indian citizen aged 21 or above with a stable income—either salaried, self-employed, or a business owner. A minimum of 2–3 years of income continuity and clear ownership documents for the pledged property are required.
What types of properties are eligible for LAP?
Residential, commercial, and industrial properties are generally eligible, as long as they have a clear legal title and are free from disputes or existing mortgages. For jointly owned properties, all co-owners must be co-applicants.
What can be used as collateral in a LAP?
You can pledge self-owned residential homes, apartments, commercial offices, or industrial units—provided they are free of legal or financial encumbrances and have valid ownership documents.