Kissht Loan Against Property Details 2025

• Loan amount: You can avail of a loan amount up to Rs. 60 Lakhs, depending on your property’s value.
• Property type: Commercial and residential properties are accepted as collateral for a Kissht loan against property. 
• Competitive interest rates: The interest rate can be up to Up to 36%., depending on the tenure.
• Processing fee: A processing fee of up to 7% of the sanctioned loan amount is levied, depending on the tenure.
• Flexible repayment tenure: Up to 10 years.
• Prepayment charges: Up to 7% of the amount prepaid/ foreclosed.
• APR: Ranges from 32% to 57% p.a.
• Cooling-off period: 3 days.
• Lock-in period: Up to 18 months, depending on the tenure.
• You can transfer your existing loan against property to Kissht.
• You can avail of a top-up of up to Rs. 15 lakhs
• EMI Calculator: You can use the loan against property EMI calculator to know your EMI beforehand.

The interest rates and other key details of the Kissht LAP loan are as follows:

Below is the comparison table of the Kissht loan against property interest rates with other top lenders to help you select the best option:

The fees and charges associated with the Kissht loan against property are listed below:

• Interest rate: Up to 36% p.a. for tenures above 6 months to 60 months and up to 28% p.a. for 3 to 6 months.
• Processing fee: Up to 7% of the loan amount for tenures above 6 months to 60 months and up to 4.5% for tenures of 3 to 6 months.
• Prepayment charges: Up to 7% of the amount being foreclosed/ prepaid.
• Prepayment charges during the cooling-off period of 3 days: Up to 100% of the processing fee may be levied. 
• One-time charges: Up to Rs. 1,500.
• Fees for loans closed during the lock-in period: Equal to the total scheduled but unpaid interest for the lock-in period as per the repayment schedule.
• Daily penal charges for a continuing default in EMI repayment: Up to 0.2% of the overdue principal amount.
• Other charges: Stamp duty, GST & other cess (if applicable) to be collected at applicable rates from time to time.

The following are the Kissht loan against property eligibility criteria:

• Eligible property types: Both commercial and residential properties are accepted as collateral, including houses, apartments, offices, and commercial buildings, provided they are legally owned by the applicant and are free from any disputes.
• Nationality: Indian citizen.
• Age: 21 to 60 years.
• Profile: Salaried, self-employed professionals, small business owners, and MSMEs.
• Credit score: Having a higher credit score of 750 or above usually increases your chances of getting lower interest rates.

Below are the documents required for a Kissht loan against property:

• KYC documents: Selfie, PAN Card, and Aadhaar Card
• Income Proof: Required only for select high-value loans based on credit profile. Make sure you don’t apply for a loan against property without income proof and ITR.
• Identity and address proof for verification: Includes PAN Card, Aadhaar Card, etc.
• Single Deed Property Document: A clear and legally valid property ownership document.

*Additional documents may be required based on the loan amount and your profile.