Aditya Birla Capital Loan Against Property
Apply for Aditya Birla Loan Against Property for urgent personal and business needs such as work expansion, home renovation, medical bills, travel plans and more. You can avail customized mortgage loans for up to crore for maximum of 20 years at attractive interest rates. Aditya Birla Mortgage loan is processed by Aditya Birla Housing Finance Limited (ABHFL), an HFC of Aditya Birla Capital Limited.
Apply for Aditya Birla Loan Against Property @ 9.50% - 16.50% Interest Rates
Aditya Birla Loan Against Property Details 2025
| Loan Amount | Rs 10 Lakh to Rs 75 Crore |
| Interest rate | 9.50% - 16.50% |
| Tenure | Up to 20 years |
| Processing Fee | Up to 3% of loan amount *50% waiver currently |
| Late Payment Penalty | 2% per month |
| Prepayment | Individual borrowers: NIL Others: 4% for payment above 25% in FY |
You can also check Stamp Duty and Registration Charges Online.
Aditya Birla Loan Against Property: Features & Benefits
- Hassle free mortgage loans against residential or commercial properties for up to 75 crore.
- Get up to 70% of property value against residential & up to 60% against commercial properties.
- Avail funding for extended tenure up to 20 years.
- Lock attractive rate of interest.
- Avail loans for diverse needs.
- Quick & transparent processing & disbursal.
- Opt for flexible EMI options.
- Customised balance transfer options.
- Low processing fee up to 2%.
- 24 month foreclosure lock-in is applicable only to non-individual customers.
- NIL foreclosure charge for individual borrowers.
- For other customers, NIL pre-payment charge for payments up to 25% of outstanding loan in a FY & 4% on amount over the capping.
Aditya Birla Loan Against Property Interest Rates
Aditya Birla offers attractive rate of interest for mortgage loans against residential & commercial properties. The effective Loan Against Property Interest Rates vary according to the customer profile, location and value of property.
Aditya Birla Loan Against Property Eligibility Criteria
- Individual customers: Both salaried & self-employed customers can apply.
- Non-Individuals: Sole-proprietorships, partnership firms, private & public limited companies, corporates and other business units are eligible.
- Minimum age on application: 21 years.
- Maximum age at loan maturity: 60 years for salaried & 70 years for self-employed.
- Loan eligibility for up to 70% of the residential property value & up to 60% of commercial property value.
Documents Required for Aditya Birla Loan Against Property
To apply for Aditya Birla LAP you need basic documentation including KYC, Financials for last 2 Years & property documents.
KYC: Proof of Identity and Address
- PAN card (Mandatory)
- Any one from following:
- Adhaar Card
- Passport
- Voter's ID card
- Driving License
- Job Card issued by NREGA
Proof of Income
- Salaried: Last 3 months salary slips showing all deductions and Form 16
- Self Employed: IT Returns or financial documents for last 2 years and computation of income certified by a CA for last 2 years
- Last 6 months bank statement where salary or income is credited.
- Proof of other Income such as rental receipts etc.
Property Documents
- Copy of Title documents
- and approved sanction plan
Aditya Birla Loan Against Property Fees & Charges
| Loan Processing /Administration Fee | Up-to 2% of the loan amount |
|---|---|
| Foreclosure | NIL for Individual borrowers. Lock in of 24 months to others. After lock in: 4% of principal outstanding |
| Part prepayment | NIL for Individual borrowers. 4% of excessive paid amount |
| Default Penal Interest Rate / Non Conformance with any covenants / stipulated conditions | 24 % p.a. i.e. 2% per month |
| ECS failure | Rs 1000 per instance |
| Accrued Interest | As applicable |
| cancellation | 4% of the loan amount |
| Request for Copies of any collateral held with ABHFL | 750/- per instance |
| Duplicate Statement/ Repayment Schedule / FC statement/ any other document | FC Statement: Rs. 1500 RTR: Rs 1000 Other statements: Rs. 200 |
| Charge For Exchanging ECS/ NACH mandate | Rs 1000 per instance |
| Credit report retrieval fee | Rs 50 per instance for Consumer Rs 500/- for Commercial Credit Report |
| Re-scheduling | 2 % of the loan outstanding + Service Tax |
| NOC issuance | Rs 1000 |
| Swap Charges (Fixed or semi-fixed rate to floating and vice-versa at discretion of ABHFL) | 3% of the loan outstanding |
| Stamp Duty/ Legal and other statutory charges/ Insurance Premium/ Creation charge with ROC | As per actual, where applicable |
How to Calculate Aditya Birla Loan Against Property Eligibility
You can instantly calculate your eligibility for Aditya Birla Mortgage loan using an online calculator. Simply share the following details:
- Net monthly income
- Existing monthly obligations
- Type of property: Residential or commercial
- Desired Tenure (max up to 144 months)
- Property Value
According to these details, the calculator will help you determine loan eligibility. You can also take a Commercial Property Purchase Loan Online.
Aditya Birla Loan Against Property Customer Care
Call Aditya Birla Loan Against Property Customer Care at 1800 270 7000 for your queries and complaints.
You can write email at: care.finance@adityabirlacapital.com.
FAQs
Currently banks and NBFCs have high liquidity and they are offering low cost mortgage loans for personal as well as commercial needs. The rate of interest varies according to customer’s profile and value of property. The rate of interest starts at 9.50% - 16.50% onwards with most lenders.
A loan against property is a secured loan that lets you unlock credit value of your property at an affordable interest rate & EMI options. It is certainly a good idea to avail property loan for mid to long term cash needs as the loan doesn’t disrupt your lifestyle.
To be eligible for loan against property, the applicant should be a titled owner of commercial or residential property. The eligibility will be assessed according to the borrower’s repayment capacity and market value of property. Both individuals & non individuals can avail of LAPs for up to 60-80 % of property value for mortgage loan.
It is almost effortless to calculate LAP EMI using a Loan Against Property Calculator. All you need to do is share loan amount, interest rate and tenure and submit the details. The calculator will instantly share the EMI and amortization schedule. It lets you determine loan affordability & make an informed decision free of cost.
Aditya Birla LAP Loan Interest Rates are assed according to the customer’s credit profile & lender’s credit policy. Currently interest rate is attractive. The lender offers customised & affordable plans for diverse needs.