IndiaShelter loan against
property upto 50 Lakhs

to urban households with monthly incomes (documented or undocumented) and more.

Mortgage interest rates are higher for home equity loans (or Loan against Property), where the end-use is not for housing. A file processing fee of 4.0% (including GST) is charged.

Mortgage Loan for
any Personal or Business Use

A loan against property (LAP) is a secured loan which will be disbursed on the property you wish to mortgage. The property can be residential property (either self-occupied or a rent), commercial property or even a piece of land. You can also term this as loan on property, mortgage loan and in case of commercial property, commercial property loan.

When loan against property eligibility is met, just like a personal loan, there is no restriction on using the proceeds of LAP. You can use the LAP proceeds to finance your child’s education and wedding, to build a home for yourself, to meet medical expenses, to buy personal or commercial vehicles and even to finance your business.

We provide direct-to-home service in local language
Assistance on phone available at local call rates in Hindi and English
Our loans are available at a fixed rate. That means that the EMIs don’t vary with The volatility in the market or a change in the interest rates

EMI Calculator

Rs. 20,00,000


Rs. 23,576

Why IndiaShelter home loans?

repayment option
Loan starting
Rs.8 Lakhs
upto Rs.50 Lakhs
5 days
Loan Approval
Available to households
with minimum
income proof
Easy monthly
repayment schedule
Loan against property eligibility
Loan Tenure -
Home Loan

20 Years

Loan Amount -
Home Loan

Rs. 8 Lakhs to Rs. 50 Lakhs

Prepayment charges
(For Fixed Rate loans only)

Housing Loans:
None, if pre-closure happens from borrower's own source of funds. If, other than own sources, pre-payment charges up to 4.5% (inclusive of GST) of principal outstanding as on date, will be applicable.

and Charges

A file processing fee of 2%-3% (including GST) is charged.


Family members and co-owners of the property.

  • Application form with photograph duly signed by all applicants
  • Identity proof – Voter ID, PAN, Driving License, Bank Passbook, etc.
  • Age proof – Voter ID, PAN, Driving Licence, Passport, Birth certificate, Pass certificate of 10th or 12th
  • Property documents
  • Colored passport size photograph
Additional documents
that will help us
process the loan easily
  • Last 3 months salary slips
  • Income Tax Returns of the last 2 years or Business Records
  • LIC Policy
  • FD or RD
  • Details of any other loan account that you are replaying currently
  • Any other savings or investment details

Equitable Mortgage of the property being financed
by deposit of title deeds

Associations & Partners