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Loan Against Property
Loan Against Property
Unlock the Value of Your Property, Without Selling It
At Laxmi India Finance Limited (LIFL), we understand that your property is more than just an asset — it's an opportunity. Our Loan Against Property (LAP) is designed for MSME owners, self-employed individuals, and small business owners who want to raise working capital or fund business growth by mortgaging their residential or commercial property, without having to liquidate it.
Backed by over a decade of experience in secured MSME lending and a strong presence across Rajasthan, Gujarat, Madhya Pradesh, Chhattisgarh and Uttar Pradesh, we make property-backed financing simple, transparent, and fast approvals.
How We're Different
We understand underserved India. LIFL has spent over three decades serving customers in rural, semi-urban, and urban markets across Rajasthan, Gujarat, Madhya Pradesh, Chhattisgarh, and Uttar Pradesh — many of whom are first-time borrowers taking their first step into formal credit.
Local, on-ground assessment. Our credit teams visit your home and place of business, understand your neighbourhood and local market, and make lending decisions based on your real repayment capacity — not just a credit score.
Fast, technology-enabled process. From application to disbursement, our digital loan origination and management systems are built to reduce paperwork and speed up approvals, so you get access to funds when you need them.
A trusted, regulated lender. LIFL is a listed, non-deposit taking NBFC regulated by the Reserve Bank of India, headquartered in Jaipur, Rajasthan, with a growing branch network built specifically to serve MSME and small business customers.
Who Is This Loan For?
Our Loan Against Property is built for the self-employed and MSME community — shopkeepers, traders, manufacturers, service providers, and small business owners — who need funds to:
- Expand business operations or open a new outlet
- Purchase inventory, machinery, or equipment
- Meet working capital requirements
- Manage short-term cash flow gaps
- Fund other significant personal or business needs
We assess more than just paperwork. Many of our customers are new to formal lending or don't have conventional income documentation — so we take the time to understand your actual business, cash flows, and repayment capacity, not just what's on paper.
Features & Benefits
High Loan Amount:
Avail loans up to ₹50 lakh based on business requirements.
Flexible Repayment Options:
Loan tenure ranging from 12 to 36 months.
Competitive Interest Rates:
Affordable EMI options to ease financial burden.
Quick Loan Disbursement:
Fast approval process with minimal documentation.
Working Capital Financing:
Meet daily business expenses with ease.
Expansion & Equipment Financing:
Invest in growth, infrastructure, and new technology.
Balance Transfer Facility:
Lower interest rates on existing business loans.
Top-Up Loan Options:
Additional funds for existing business loan borrowers.
Eligibility
To apply for a Business Loan, the following criteria must be met:
Age
- Self-employed individuals: 21–65 years (at loan maturity).
- Business entities must be operational for at least two years.
Employment Type
- Entrepreneurs, business owners, retailers, traders, manufacturers, and service providers.
Minimum Business Turnover
- Annual turnover must meet the required threshold based on the loan amount.
Profitability
- The business must have been profitable for the last two years.
Credit Score
- A minimum CIBIL score of 650+ is preferred.
Documents Required
Identity Proof
Aadhaar Card / PAN Card / Passport / Voter ID
Address Proof:
Aadhaar Card / Utility Bill / Rent Agreement
Business Proof
GST registration certificate / Business license / Shop Act license
Income Proof
Last 2 years’ Income Tax Returns (ITR), 6 months’ bank statements, Profit & Loss Statement and Balance Sheet (if applicable)
Loan Requirement Documents
Loan application form & business plan (if required)
Photographs
2 passport-size photos
Vehicle Loan Calculator
Use our Business Loan Calculator to estimate your monthly installments based on:
Total Amount Payable:
₹15,85,809
Total Interest Payable:
₹5,85,809
Business Loan FAQ
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Frequently Asked Questions
Self-employed professionals, entrepreneurs, small business owners, and MSME.
Customer Support:
Email: