LAP Loan
We are pioneers in providing Loan against Property in Punjab amongst NBFCs. Our group has the easiest and fastest procedure for finance of LAP.
- Scheme-wise Loan Amount & Maximum Tenor
| Scheme | Loan Amount | Maximum Tenor | Key Features |
| SUGAM | ₹2.00 – ₹3.00 lakh | 48 months | Fast processing; desktop valuation only; lighter documentation; ABB & assessment-based eligibility |
| SARAL | ₹3.00 – ₹5.00 lakh | 72 months | Moderate documentation; ABB & assessment-based eligibility; latest title deed acceptable with legal & technical from empaneled vendor |
| REGULAR | ₹5 – ₹15 lakh | 120 months | As per applicable ROI policy; complete title chain with legal & technical from empaneled vendor |
Geographic coverage: Punjab, Uttarakhand, Chandigarh, Uttar Pradesh and Himachal Pradesh. Overall interest rate band: Flat 11% – 18% p.a. based on customer profile, scheme and risk assessment.
- Scenario-wise ROI Grid (Flat Rate): 11.00% onwards
- Charges
| Charge Type | Amount |
| Login Fee | ₹1,200 |
| Processing Fee | 2.5% of loan amount (inclusive of GST) |
| Legal & Technical | ₹3,500 – ₹4,000 |
| Insurance | As per calculator |
| Late Payment Charge | 3% of overdue amount per month |
| Bounce / Re-hit | ₹600 |
Q1. What loan amounts and tenures are available under AMCL's LAP?
AMCL offers LAP under three schemes:
- SUGAM: ₹2 – ₹3 lakh, tenure up to 48 months
- SARAL: ₹3 – ₹5 lakh, tenure up to 72 months
- REGULAR: ₹5 – ₹15 lakh, tenure up to 120 months
LAP is currently available in Punjab, Uttarakhand, Chandigarh, Uttar Pradesh and Himachal Pradesh.
Q2. What is the interest rate on LAP?
The interest rate ranges from 11% onwards per annum (flat), based on customer profile.
Q3. What charges are applicable on a LAP loan?
- Login Fee: ₹1,200 (at file login)
- Processing Fee: 2.5% of the loan amount (inclusive of GST)
- Legal & Technical Charges: ₹3,500 – ₹4,000
- Insurance: as per applicable calculator
- Late Payment Charge: 3% of overdue amount per month
- Bounce/Re-hit Charge: ₹600
All charges are disclosed transparently at the time of loan processing.
Loan Against Property
If you are looking for funds up to ₹10 lac, then you can rely on Amrit Malwa Finance Loan Against Property. We provide the highest loan value of your property – up to 80%. With extended loan tenure up to 6 years, you end up paying lower EMIs. We offer funding for all types of properties such as residential, commercial, industrial plots, godowns, etc. If you have already availed a Loan Against Property with another financier, you can transfer it with ease & enjoy amazing benefits like the top-up facility.
FAQ’S
Q1. What loan amounts and tenures are available under AMCL's LAP?
AMCL offers LAP under three schemes:
- SUGAM: ₹2 – ₹3 lakh, tenure up to 48 months
- SARAL: ₹3 – ₹5 lakh, tenure up to 72 months
- REGULAR: ₹5 – ₹15 lakh, tenure up to 120 months
LAP is currently available in Punjab, Uttarakhand, Chandigarh, Uttar Pradesh and Himachal Pradesh.
Q2. What is the interest rate on LAP?
The interest rate ranges from 11% onwards per annum (flat), based on customer profile.
Q3. What charges are applicable on a LAP loan?
- Login Fee: ₹1,200 (at file login)
- Processing Fee: 2.5% of the loan amount (inclusive of GST)
- Legal & Technical Charges: ₹3,500 – ₹4,000
- Insurance: as per applicable calculator
- Late Payment Charge: 3% of overdue amount per month
- Bounce/Re-hit Charge: ₹600
All charges are disclosed transparently at the time of loan processing.
