Unlock Your Property's Potential: Explore Loan Against Property with IndoStar HFC
                     Indosta
r HFC
What is a Loan Against Property?
1. A Loan Against Property (LAP) is a secured loan where 
you pledge your property as collateral to borrow funds.
2. It offers lower interest rates compared to unsecured 
loans due to the collateral involved.
3. LAP interest rates vary based on factors like the loan 
amount, property value, and borrower's 
creditworthiness.
4. Indostar offers competitive LAP interest rates tailored 
to suit borrowers' financial needs.
5. LAP allows you to unlock the value of your property for 
various purposes like business expansion, education, or 
debt consolidation.
6. The loan amount sanctioned depends on the market 
value of the property, typically ranging from 40% to 
70% of the property's value.
7. Repayment tenures for LAP are longer, providing 
flexibility in managing EMIs and reducing financial 
burden.
What are the conditions for loan 
against property?
1. Property Ownership: The property being mortgaged must be owned by the 
applicant.
2. Property Type: Indostar typically accepts residential, commercial, or industrial 
properties as collateral.
3. Property Valuation: The value of the property determines the loan amount, 
usually up to 60-70% of the property's market value.
4. Applicant's Age: Age criteria vary but typically range between 21 to 60 years 
for salaried individuals and 21 to 65 years for self-employed individuals.
5. Income Stability: A steady income source is essential to ensure timely 
repayment of the loan.
6. Credit History: A good credit score indicates creditworthiness and enhances 
eligibility for a loan against property.
7. Loan Tenure: LAP tenure can extend up to 15 years, depending on the 
applicant's age and repayment capacity.
8. Other Documents: Applicants must provide identity proof, address proof, 
property documents, and income-related documents.
Thank You