Samman - Loan Against Property FAQs
Customers who already own a residential, commercial or industrial property are eligible for Samman Loan Against Property.
Person(s)/Business Entity availing of Samman LAP can use the loan amount for business consumption or any personal needs.
A maximum amount of Rs. 35 Lakh can be availed using Samman LAP.
The annual household/family income of the applicant must not be less than Rs. 2 lakh.
Samman LAP can have a repayment tenure of upto 10 years.