Loan Against Property in Gurgaon
Gurgaon, a prominent part of the National Capital Region (NCR), has grown into a thriving financial and IT hub, attracting professionals and businesses alike. With rapid development in infrastructure, residential colonies, and commercial projects, the city is now a top destination for investment and expansion. For those looking to raise funds for personal or professional needs, a Loan Against Property in Gurgaon is an ideal financial tool.
My Loan Adda offers flexible and affordable Apply Loan Against Property in Gurgaon solutions, allowing you to leverage your residential, commercial, or industrial property without selling it. Whether you’re looking to expand your business, fund education, meet medical emergencies, or consolidate debts, this secured loan offers lower interest rates than unsecured loans, with EMIs spread over a tenure of up to 25 years. Depending on eligibility and property valuation, borrowers can access up to 70–85% of the property’s market value.
Additionally, My Loan Adda provides Lease Rental Discounting (LRD) services, where borrowers can raise funds against rental income. With minimal paperwork, faster processing, and personalized support, Loan Against Property in Gurgaon from My Loan Adda is a smart way to unlock your property’s potential and secure your financial goals.
Why Choose My Loan Adda for Loan Against Property in Gurgaon?
If you’re a property owner in Gurgaon looking to raise funds without selling your asset, My Loan Adda offers the perfect solution. We connect you with leading banks and financial institutions to help you unlock the true value of your property quickly and efficiently.
Here’s why Gurgaon residents choose My Loan Adda for Loan Against Property:
-
High Loan Amounts: Get up to 70% of your property’s market value — whether residential or commercial
-
Local Expertise: We understand the Gurgaon real estate landscape and provide personalized loan options suited to your area
-
Fast Approvals & Disbursal: Minimal paperwork, quick processing, and disbursal within 3–5 working days
-
Affordable Interest Rates: Choose from multiple offers and secure the best deal at competitive rates
-
Flexible Repayment Options: Loan tenures ranging from 5 to 15 years with easy EMIs
-
End-to-End Support: Our dedicated loan experts guide you through property evaluation, documentation, and disbursal
Whether you need funds for business growth, higher education, or personal needs — My Loan Adda in Gurgaon is your trusted partner for safe, fast, and value-driven Loan Against Property solutions.
Documents Required for Loan Against Property in Gurgaon
- KYC Documents
The borrower should furnish KYC documents regarding identity proof and address proof. These documents include:
Identity Proof
- PAN Card
- Aadhaar Card
- Voter ID
- Passport
- Driving Licence
Address proof
- Registered Rent agreement
- Aadhaar Card
- Driving Licence
- Lease agreement
- Passport
- Latest gas/Electricity bill
2.Income Proof – Financial Documents
- Salary slips for the last 6 months for salaried employees (In addition, IT returns for the previous 3 years along with Form 16)
- IT returns for the past 3 years for self-employed persons (Some banks accept 2 years IT returns as well)
- Statement of A/c for the past 1 year where your salary is credited (in the case of salaried people)
- Profit and Loss statement and Balance sheet for the last 2 years in the case of self-employed persons
- Sales tax, GST registration certificates, if applicable
- Partnership deed in case of partnership firms (if the applicant is one of the partners or the firm itself)
- Certificate of Incorporation for limited companies(if the applicant is one of the directors or the company itself)
Other Documents:
- Loan application form
Property Documents:
- Copies of all property documents that can establish the chain of ownership for the past 13 years
- Property tax paid receipt
Anyone who owns a residential or commercial property in their name can apply for a Loan Against Property through My Loan Adda. Eligible applicants include:
Salaried individuals with a stable income
Self-employed professionals with proper financial documentation
Property owners with clear ownership and marketable title
Banks assess eligibility based on income, credit score, and the property’s market value.
No, you generally cannot get 100% of your property’s value as a loan. Most banks offer up to 50%–70% of the property’s market value, known as the Loan-to-Value (LTV) ratio. The exact percentage depends on the lender and the property type.
Yes, a Loan Against Property is often a smart financial choice if you need a large sum at a lower interest rate. It’s ideal for business expansion, education, medical emergencies, or debt consolidation. With My Loan Adda, you get better interest rates and longer repayment tenure compared to personal loans.
Yes, if you own a residential or commercial property, you can apply for a Loan Against Property in Delhi NCR through My Loan Adda. The loan can be used for personal, professional, or business purposes, and you continue to use the property while it’s mortgaged.
You can get anywhere between ₹5 lakhs to ₹10 crores depending on the property’s market value, your income, and repayment capacity. Most banks offer up to 70% of the property’s value. My Loan Adda helps you get the maximum loan amount with the best available deal.
Yes, you can take a loan against your owned residential house. It must be free from major legal issues and have clear ownership documents. With My Loan Adda, you can mortgage your house and still continue living in it during the loan period.
To settle your loan, you can either:
Pay off the EMIs regularly over the chosen tenure
Prepay or foreclose the loan before the tenure ends (subject to terms)
Once the loan is fully paid, the bank will return the property documents. My Loan Adda also assists with loan settlement support if needed.
The minimum loan amount depends on the lender, but generally, it starts from ₹5 lakhs. At My Loan Adda, we help you access the best home equity loan options with flexible repayment and attractive interest rates, starting from ₹5–₹10 lakhs depending on the lender.
