Loan against property or LAP is provided to the borrowers against the security of an existing property. The property may be your existing home or even a plot whose title is in your name. You can avail loan against property in Delhi for your residential or commercial property. Interest rates on loans against property in Delhi are usually higher than a home loan but they are cheaper than a personal loan. While availing a home loan, your property works as an investment and security for you on whose basis you can apply for your loan against property in Delhi.
| Name of the Banks | Loan Against Property Interest Rates | ||
| Floating Interest Rate | Processing Fees (Negotiable) | ||
| State Bank of India | 13% | 0.5% of Loan Amount with a cap of Rs. 10000 + Service Tax |  |
| ICICI Bank | 11.75% to 12.5% | 0.5% of Loan Amount upto 1 Crore | |
| Axis Bank | 12% to 14% | 1% of Loan Amount + Applicable Taxes | |
| IDBI | 11.50% to 14.50% | 0.5% of Loan Amount | |
| IndiaBulls | 12% to 14% | .25% to 1% + Service Tax | |
| Standard Chartered | 12% to 14% | 0.5% | |
| Citi Bank | 11% to 12% | 0.5% +Service Tax | |
| Deutsche Bank | 12% to 14% | 10000 + Service Tax | |
| India Bulls | 12.5% to 15% | 1% + Service Tax | |
| Tata Capital | 13% | 1% of Loan Amount | |
| Dhanlaxmi Bank | 13.75% | 1% of Loan Amount, minimum Rs. 1000/- | |
| Cholamandalam | 13.5% | 1.5% of Loan Amount + Service Tax as Applicable | |
| Kotak Bank | 12% to 14% | 0.25 to 0.5% | |
| Bajaj Finance | 12.75 to 14% | 1.5% of Loan Amount + Service Tax as Applicable | |
| Religare | 12.5% to 13.5% | 1.0% of Loan Amount + Service Tax as Applicable | |
| Barclays Bank | 11% to 12.75% | 0.5% | |
| Federal Bank | 12.75 to 14 % | 0.5% | |
| HSBC Bank | 11% to 13% | 1% of the Loan Amount applied for, Subject to a minimum of Rs. 10000 + Service Tax. This fee is payable on application and is not refundable | |
| Reliance Capital | 12% to 14% | 1% of Loan Amount + Service Tax as Applicable | |
| Development Credit Bank | 11.5% to 13.5% | 0.5% | |
