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Loan offerings > Loan Against Property

Loan Against Property (LAP)

Need that cash for your son's marriage, to extend your business or buy that dream car of yours? OCHFL is here to do exactly that for individuals like you. We bring you exclusive and affordable Loan against property in the time of need of yours.

Amount of loan

You can avail a Loan against Property of up to Rs. 90,00,000-/ but not exceeding the 80% of the market value of the property**. The actual loan amount is determined taking into account factors like:

  • Repayment capacity
  • Age
  • Educational qualifications
  • Stability and continuity of income
  • Number of dependents
  • Co-applicant's income
  • Assets
  • Liabilities
  • Saving habits etc.

Loan tenure & EMI

The tenure of your Loan ranges from 1 to 20 years. The term of loan however does not extend beyond 75 years age of customer.

The size of EMI depends on:

  • Quantum of loan
  • Interest rate applicable
  • Loan tenure

Special payment schemes:

One can enjoy the exclusive 'Regressive Payment Scheme' if one is a home loan seeker due for retirement within the term of the loan and have applied jointly with an eligible One Younger co-applicant.
One can prepay the loan, ahead of the contracted schedule in part or full, subject to payment of nominal fees / charges as stipulated by OCHFL from time to time.

Our existing Fixed Prime Lending Rate (FPLR) - 15%. Applicable ROI: FPLR+2% i.e. 17 % **Incase where the property is Plot then Max. LTV is 75% of market value of Plot & Max. Tenure is 20 years.

Check your eligibility criteria and EMI using the links below.

EMI Calculator  |   Loan Eligibility  |   FAQ  |   Check List  |   Application Form
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