Apply for Property-Backed Business Loans

Overview

A Loan Backed by Property is a financial arrangement wherein a business entity secures a loan by pledging a property, typically an immovable asset. The loan amount is generally a percentage of the property's market value, and the funds obtained can be utilized for operational expenses or any other business-related purposes.

UGRO Capital offers cashflow-based lending across properties to support your business’ GROwth!

Up to INR 5 Crs

Loan Amount

Up to 180 Months

Tenor

Product Benefit

Properties Include residential, commercial or industrial. It can be self-occupied  or tenanted

Impressive LTV ratio
upto 133%

Quick Approvals via Score-Based Assessment

Ugro Capital Secured Business Loans Image

Digital &
Minimal Documentation

Attractive
Interest Rates

Doorstep
Service

Loans Backed by Property Loan Process

You can apply for a Loan Backed by Property by following these three simple steps:

Step 1

Click on Apply Now and enter your contact details.

Step 2

Enter Your PAN and other relevant details, and click Apply Now.

Step 3

The application will then proceed for verification and assessment

Popular FAQs

What is LAP?

Loan Against Property (LAP) is a type of secured loan that allows you to apply for a loan by mortgaging your property. The money raised can be used for Business Purposes only. The loan amount allotted to you is calculated basis the market value of the property mortgaged against the loan among other factors.

What are the various purposes LAP can be used for?

One can avail a Loan Against Property for various business purposes like expanding of business premises, working capital to be infused, or for availing any new contract. The end use of the mortgage loan product should not be for any personal, or any speculative or prohibitive activity.

What are the benefits of getting LAP?

A Loan Against Property (LAP) offers several advantages, including competitive interest rates, flexible repayment options upto 180 months, making EMIs manageable, and higher loan amounts. LAP is an ideal choice for those seeking a property-backed loan solution with flexibility and ease of repayment.

What is the minimum and maximum tenure for LAP offered by UGRO?

The minimum tenure for LAP is 60 months and maximum is 180 months.

What type of properties would be considered for collateral?

UGRO Capital offers loans on the following properties – Residential, Commercial, Industrial and Plots.

Can I foreclose my loan? What are the charges involved?

Yes, you can foreclose your loan subject to payment of foreclosure charges and conditions mentioned in the schedule of charges. (Insert Schedule of Charges Link here)

Do I get tax benefits on LAP?

Yes, one can always claim the interest paid as a business expense and this is deductible from the business income.