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LOAN AGAINST PROPERTY
Unlock your aspirations,
fulfil your business &
personal dreams
Interest rates from 9.75% onwards
Longer tenures of upto 25 years
Loans for both business & professional
Loans available up to INR 25 crores

Our Loan Against Property

DESIGNED FOR WHAT IS IMPORTANT TO YOU
  • Key
    Benefits
  • Design Your
    EMI

Be it purchasing a home, expanding a business, or funding your child’s education, we help you create moments of joy with our Loan Against Property product. Got an ambition? We can help!

  • 1Caters to all business and personal needs.
  • 2Low interest rates starting at 9.75% per annum.
  • 3Longer tenures of up to 25 years.
  • 4Loans of up to 80% of the market value of the property.
  • 5Interest Only payments available for up to 36 months.
  • 6(Coming Soon) Pay Instalments as per your choice: Quarterly, Bi-monthly (once in 2 months).
*T&C Apply

Manage your finances better with the Flexible re-payment plans from Godrej Capital

  • 1Avail flexibility in repayment through ‘Design your EMI’, where you can start with lower EMI amounts.
  • 2Choose to pay only the interest amount for up to first three years of the loan; enabling efficient use of the loan availed.
  • 2 (Coming Soon) Pay Instalments as per your choice: Quarterly, Bi-monthly (once in 2 months).
*T&C Apply

Low Interest Rates

RESIDENT
Indian

9.75%

To

14.50%

Per Annum
BUSINESS
Self Employed

9.75%

To

14.50%

Per Annum
PRACTICING PROFESSIONALS
Self Employed

9.75%

To

14.50%

Per Annum

Calculate Your Savings

5L
2Cr
%
6%
15.00%
Yr
1Yr
30Yr
Loan EMI
₹5,00,000
Total Interest Payable
₹16,396
Total Payment (Interest + Principal)
₹5,16,396
*T&C Apply
Apply Now

Thank You!

Application Submission is now Complete

5L
2Cr
0
16L
%
6%
15%
Yr
1Yr
30Yr
Your Home Loan Eligibility
₹11,95,543
Your Home Loan EMI Will Be
₹10,000
*T&C Apply
Apply Now

Thank You!

Application Submission is now Complete

Documents
Just what is needed.
Nothing more.

  • KYC Documents

    Documents for proof of identity and address
    • Pan Card or Form 60 is a mandatory requirement for the loan application processing
    • For Proof of Identity and Address, any one of the below documents is acceptable
    • Proof of possession of Aadhaar number
    • Valid Passport
    • Valid Driving License
    • Voter’s Identity Card
    • For complete list of documents, please click here.
  • Income Documents

    Financial documents declaring your income
    • For Income Documents, we accept
    • Latest 1 month salary slip, or a Salary Certificate authorized by the signatory of the company on the letter head
    • Proof of employment for 2 years (Form 16 or Joining date on salary slip or employer letter or appointment letter etc.)
    • Last 6 months statement of bank account where salary is credited
    • Proof of bonus of last 2 years or Variable incentive for last 6 months – Bank statement reflecting the credits and salary slip letter reflecting bonus or variable incentive
  • Property Documents

    Property related Documents
     
    • Resale Home Loans
    • Current Registered or Draft Agreement for Sale (only for Maharashtra) or Allotment Letter or Stamped Agreement for Sale
    • Prior Chain Link title documents
    • Occupancy Certificate (in case property is ready) or Approved Plan copy (Xerox Blueprint)
    • Share Certificate (only for Maharashtra), Maintenance Bill, Property Tax Receipt
    • Payment Receipts or bank account statement showing all the payments made to Seller
  • KYC Documents

    Documents for proof of identity and address
    • Pan Card or Form 60 is a mandatory requirement for the loan application processing
    • For Proof of Identity and Address, any one of the below documents is acceptable
    • Proof of possession of Aadhaar number
    • Valid Passport
    • Valid Driving License
    • Voter’s Identity Card
    • For complete list of documents for Individual and Non-Individual (Sole Proprietary Firm or Partnership or Company), please click here.

     

  • Income Documents

    Financial documents declaring your income
    • For Income Documents, we accept
    • ITR and Financial statements including P&L, Balance Sheet, COI & Schedules - 2 Years - certified by a Chartered Accountant
    • Bank Statements for last 12 months
    • Business Continuity Proof for 5 years
    • Tax Audit Report, if applicable
  • Property Documents

    Property related documents
     
    • Resale Home Loans
    • Current Registered or Draft Agreement for Sale (only for Maharashtra) or Allotment Letter or Stamped Agreement for Sale
    • Prior Chain Link title documents
    • Occupancy Certificate (in case property is ready) or Approved Plan copy (Xerox Blueprint)
    • Share Certificate (only for Maharashtra), Maintenance Bill, Property Tax Receipt
    • Payment Receipts or bank account statement showing all the payments made to Seller
  • KYC Documents

    Documents for proof of indentity and address
    • Pan Card or Form 60 is a mandatory requirement for the loan application processing
    • For Proof of Identity and Address, any one of the below documents is acceptable
    • Proof of possession of Aadhaar number
    • Valid Passport
    • Valid Driving License
    • Voter’s Identity Card
    • For complete list of documents, please click here.

     

  • Income Documents

    Financial documents declaring your income
    • For Income Documents, we accept
    • ITR and Financial statements including P&L, Balance Sheet, COI & Schedules - 2 Years - certified by a Chartered Accountant
    • Practice Continuity Proof for 5 years
    • GST challans for last 1 or 2 or 3 quarter since filing of last returns
    • Tax Audit Report, if applicable
    • Bank statement showing Rental credits & Registered Rent Agreement, if applicable
  • Property Documents

    Property related Documents
    • Resale Home Loans
    • Current Registered or Draft Agreement for Sale (only for Maharashtra) or Allotment Letter or Stamped Agreement for Sale
    • Prior Chain Link title documents
    • Occupancy Certificate (in case property is ready) or Approved Plan copy (Xerox Blueprint)
    • Share Certificate (only for Maharashtra), Maintenance Bill, Property Tax Receipt
    • Payment Receipts or bank account statement showing all the payments made to Seller

Own your
dreams.
Apply Now

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Simple Answers, to
Frequently Asked Questions
Loan Against Property
Design Your EMI
What is a Loan Against Property (LAP)?

It is a loan against fully constructed, freehold residential and commercial properties for: Personal and Business Needs (other than for speculative purposes) like marriage, medical expenses and child's education etc. Existing Loan Against Property (LAP) from other banks and financial institutions can also be transferred to Godrej Housing Finance.

What is maximum funding that I can avail on a property as LAP?

For Existing Customers, the principal outstanding on all existing loans and the Loan Against Property being availed should not cumulatively exceed 60% of the Market Value of the mortgaged property as assessed by Godrej Housing Finance. You can get funding up to 80% of the property Value depending on your segmentation and the property type.

Who can avail a Loan Against Property (LAP)?

Loan Against Property (LAP) can be availed by both salaried and self-employed individuals for personal and professional needs (other than for speculative purposes) like marriage, Child's education, business expansion, debt consolidation etc.

What is the maximum term for which I can avail a Loan Against Property (LAP)?

You can avail a loan against property for a maximum term of up to 25 years or till your age of retirement, whichever is lower.

What is the security that I need to provide to avail a Loan Against Property (LAP)?

Security of the loan would generally be security interest on the property being financed by us and/or any other collateral/interim security as may be required by us.

Can I avail Loan Against Property (LAP) for a commercial property?

Yes, Loan Against Property (LAP) can be availed against a fully constructed and freehold commercial properties.

What are the documents required for a Loan Against Property?

Click here to know the documents required for a Loan Against Property. For applicable Fees & charges, refer Schedule of Charges.

What are the purposes for which I can avail a LAP?
  • Business expansion
  • Long-term working capital
  • Purchase of equipment
  • Holiday
  • Education of children.
What is a NACH Mandate?

National Automated Clearing House (NACH) is a centralized structure created to make payments more accessible and cost-effective; NACH offers a fast and efficient clearing platform. The NACH debit mandate is used by GHF to automatically deduct monthly instalments from your bank account for the loan availed.

How to cancel your NACH Mandate?

Two ways to cancel your NACH mandate are:

  • You can log in to the Customer Portal and request to cancel the mandate through the Write to Us section.
  • You can also send an email to customercare@godrejhf.com through registered email ID or call our Customer Care +91 22 68815555 through a registered mobile number and place a request for NACH mandate cancellation.

You need to mention the Loan Account Number (LAN) in the request, and our team will connect with you within 48 hrs.

What is Design your EMI–LAP?

Design your EMI–LAP (DEMI-LAP) is loan against property offered to Self-employed borrowers where customers are given the flexibility to pay only interest for up to 36 months followed by incremental EMI for the remaining tenor.

Why should I opt for Design your EMI under LAP?

Design your EMI under LAP offers you the flexibility to opt for lower instalments in the initial years of your loan repayment. This helps you in better cash flow management and the additional liquidity can be utilised towards your business requirements during this period.

Who can opt for Design your EMI-LAP loans?

There are certain eligibility criteria that needs to be fulfilled for availing DEMI-LAP loans. If you want to avail DEMI-LAP, please state the same while applying for your GHF LAP loan.

What is maximum loan amount offered under this product?

₹ 5 crores

Which kinds of properties will be accepted under DEMI-LAP?

Self-occupied residential and self-occupied commercial properties will be accepted.

How is the eligibility calculated under DEMI-LAP?

Eligibility of the case will be calculated basis customer’s income and property valuation, age, tenure opted. Tenor considered for eligibility calculation on complete loan tenor including DEMI period.

What is maximum tenor offered under DEMI-LAP?

Complete Loan Tenor can be up to 25 years. Customer can choose to pay only interest for up to 36 months.

What is the difference in repayment amount in normal LAP and DEMI-LAP for 10yrs, 15yrs and 20yrs loan tenure?

A comparison of Normal Loan EMI and EMI in DEMI–LAP for 10yrs, 15yrs and 20yrs loan tenor is explained below:

Loan amount in Lacs 100 100 100
ROI (p.a) 8.25% 8.25% 8.25%
Tenure - months 120 180 240
Regular EMI - if DEMI is not opted 122653 97014 85207
DEMI period where only Pre-EMI will be paid 6 18 36
Pre EMI – if DEMI LAP is opted 68750 68750 68750
EMI after Pre-EMI period – if DEMI LAP is opted 126826 102548 91321
Will I be able to pre-pay and part pay during the Interest only period?

Yes, customer can make part-prepayment during and post Interest only period.

Will the customer be able to switch to Regular EMI before the Interest Only period completion?

Once the loan is disbursed, customer cannot switch from DEMI-LAP to Regular LAP.

Are foreclosure charges same as Regular LAP Loan?

Yes, standard foreclosure charges for LAP loans would be applicable on Demi-LAP loans as well.

Apply Now

Own your dreams.
Apply Now

+91 1234567889

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