Mortgage Loan / Loan Against Property
A mortgage loan is one in which you secure funds by pledging your property. Unlock the value locked in your residential or commercial property to fund business expansion, education or any large requirement, while you continue to own and use it.
Why choose this
- Higher loan amounts at competitive interest rates
- Continue using your property while it is pledged
- Long, flexible repayment tenures
- Funds usable for business or personal needs
Key features
Why choose Recapita's Mortgage Loan / Loan Against Property
Higher loan amounts at competitive interest rates
Continue using your property while it is pledged
Long, flexible repayment tenures
Funds usable for business or personal needs
Eligibility
- Owner of residential or commercial property with clear title
- Indian resident aged 21–65 with a stable income source
- Valid KYC and property documents
Documents required
- KYC documents (Aadhaar, PAN)
- Property title documents
- Income proof and bank statements
- Property tax receipts where applicable
How it works
From application to disbursal in four steps
- 01
Online Application
Apply online and our customer care executives will get in touch with you.
- 02
Verification
Furnish the required documents for a simple, transparent verification, subject to KYC.
- 03
Approval
Your documents are assessed and your application is processed, subject to eligibility and our credit policy.
- 04
Disbursal
On approval, the sanctioned loan amount is disbursed directly to your bank account.
Interest & charges
Transparent pricing, disclosed up front
Your exact rate and charges are confirmed in your sanction letter and Key Facts Statement.
Indicative interest rate
12% – 25% per annum (secured), based on your risk profile and tenure.
A Key Facts Statement (KFS) setting out the all-inclusive cost of your loan — including the Annual Percentage Rate (APR), fees and charges — is provided with your sanction, as required by RBI.
Schedule of Charges
| Charge | Details |
|---|---|
| Interest rate | As per the product range above and your sanction letter / KFS. |
| Processing fee | Determined by product type and loan amount; disclosed at sanction. |
| Prepayment / foreclosure | Nil for individual floating-rate loans; up to 5% on other loans for early closure before the agreed tenure. |
| Penal charges | Up to 24% per annum (non-capitalised), applied on the overdue principal only. |
| Cheque / mandate bounce | ₹500 plus GST per instance of dishonour or payment bounce. |
| Auction charges (secured/gold) | Actuals where recovery through auction becomes necessary, as per the loan agreement and Gold Auction Policy. |
| Stamp duty & statutory levies | At actuals, in accordance with applicable law. |
All loans are at the sole discretion of Recapita Finance Private Limited and are subject to KYC, eligibility, documentation, valuation and applicable RBI norms. Interest rates and charges vary by product, tenure and borrower risk profile, and are confirmed in your sanction letter and Key Fact Statement (KFS). Information on this page is indicative and for general guidance only — it does not constitute a binding offer of credit.
Questions
Frequently asked
How much can I borrow against my property?
Typically a percentage of the property's market value, based on valuation and your repayment capacity. Our team will give you a clear figure after assessment.
Can I prepay the loan?
Yes. Prepayment options are available — our executives will explain the terms before you sign anything.
Ready to conquer your next milestone?
Apply online and our team will get in touch - or call us directly at +91 9109915411.