Loan Against Property Calculator India 2026

It estimates your EMI, total interest, and repayment amount from the loan amount, interest rate, and tenure, using the standard amortisation method Indian banks and NBFCs apply for LAP. This is a planning estimate, not a loan approval or interest-rate guarantee.

There's no single fixed regulatory LTV cap for LAP the way there is for gold loans. Banks commonly lend up to around 75% of a residential property's market value and 60-70% for commercial property, though NBFCs may offer different limits. Confirm current LTV with your specific lender.

Not automatically. If the loan is genuinely used for business purposes, the interest may be claimable as a deductible business expense, subject to documentation proving fund usage. If the collateral is your self-occupied home and the loan isn't for business, a more limited deduction may apply instead. Consult a chartered accountant to confirm what applies to your situation.

Since the property is collateral, prolonged default can lead to legal proceedings and, in the case of secured loans from banks and financial institutions, repossession and auction of the property under applicable law (such as the SARFAESI Act for eligible lenders). You typically retain a right to clear dues before auction. Contact your lender early if facing hardship — many offer restructuring options.

Common requirements include income proof (salary slips or ITRs), bank statements, property ownership documents, an encumbrance certificate, a property valuation report, and identity/address proof. Self-employed applicants typically also need business registration and audited accounts. Exact requirements vary by lender.