Fullerton India Credit Co. Ltd. is Now SMFG India Credit Co. Ltd.

Gurgaon is a bright and bustling city in Haryana. Rapid industrialisation and the growth of tech companies have transformed this city into a thriving financial hub. The city's modern infrastructure, upscale shopping malls, top-notch restaurants, and vibrant nightlife continue to attract professionals and entrepreneurs from all parts of the country. The corporate culture and flourishing business ecosystem make Gurgaon a dynamic and cosmopolitan city in India.

Are you seeking finances to expand your business, cover education expenses or meet medical needs? A loan against property (LAP) can help you fulfil those needs by offering substantial loan amounts at competitive rates of interest and convenient repayment tenures. But before proceeding, let's understand the basics of this loan type.

Features And Benefits Of Loan Against Property In Gurgaon

SMFG India Credit offers specialised loan offerings and expert customer service for swift fund disbursement, minimal paperwork, and flexible repayment periods. Here are the advantages of opting for a Loan Against Property in Gurgaon:

Transparency and Trust:

Here at SMFG India Credit, we understand the importance of our customers’ trust in the LAP application process. That's why we make it a priority to be transparent and simplify your experience.

Tailored Solutions:

Our Loan Against Property packages are designed to be flexible and cater to your specific financial needs and preferences.

Effortless Documentation:

Say goodbye to the hassle of paperwork. Submit digital copies of necessary documents for quick verification and efficient fund disbursement.

Generous Loan Limits:

With loan limits of up to 70% of your property's market value (up to INR 5 crores*), you can use our loans for various financial needs.

Competitive Rates and Flexible Repayment:

Take advantage of our multiple repayment options and competitive interest rates to provide you with the most favourable terms.

Unlock Property Value:

Let us help you unlock your property's full potential and provide the best value.

Eligibility Criteria For Loan Against Property In Gurgaon

The eligibility criteria can vary among individuals with different employment statuses. Here are some criteria applicants must fulfil for a Loan Against Property in Gurgaon:






Individuals in the age-bracket of 21 and 60 years. 

Individuals in the age-bracket of 25 and 65 years. 

At least 2 years old. 

Nature of work 

An employee working in an MNC, a private company, or the public sector 

Independent contractor with a reliable source of income. 



Resident citizen of India 

Resident citizen of India 

Indian SME 

CIBIL score 



Steady source of profits over the past two years, audited by a CA. 

Documents Required To Apply For A Loan Against Property In Gurgaon

Preparing the requisite paperwork in advance can save you significant time and avoid any last-minute details. Here is a list of the essential documents to keep handy:




Income tax returns for the latest 2 years 

Income tax returns for the latest 2 years 

KYC documents 

KYC documents 

KYC documents 

Form 16 

Form 16 

Form 16 

Bank statements for the last 6 months and income statements 

Bank statements for the last 6 months and salary slips 

Bank statements for the last 6 months 

ITR for the last two years with a summary of audited income. 

Documentation pertaining to the property offered as collateral 

Documentation pertaining to the property offered as collateral 

Documentation pertaining to the property offered as collateral 

You can also refer to our document page or contact our customer service executives for more details.

Interest Rates On Loan Against Property in Gurgaon

To determine the lowest interest rate, lending institutions consider several factors, including income, job stability, existing financial commitments, and your chosen LAP type.

This table gives an idea of the minimum interest rate involved while availing of a loan against property.



Loan Amount 

Up to INR 5 crore* 

Loan Tenure 

Up to 180 months* 

Lowest EMI Per Month 

It starts at INR 5,071 for a 180-month period 

Cheque Dishonoured Charges 

INR 300 

Proceeding Fees 

Up to 3% of the Loan Amount 

Customer Type 

Salaried / Self-Employed / SMEs 

Late Payment Charges 

2% plus GST charged monthly (24% per annum) on the overdue amount calculated on day-to-day basis. 

How To Apply For A Loan Against Property In Gurgaon?

Here is a step-by-step approach to apply for a Loan Against Property (LAP) are listed as follows:

Step 1: Click the "Apply Now" button in the homepage's upper right corner. 

Step 2: Go to "Loan Against Property" and select.

Step 3: Don't forget to enter your personal information correctly, such as your name and contact information.

Step 4: Your mobile number will receive a six-digit OTP for verification. 

Step 5: Give the details of your job and banking accounts.

Step 6: Upload the necessary files as they appear on the screen.

Step 7: In order to finish the application, click "Submit".

Step 8: You will receive timely notification regarding the status of your loan upon submission.

Step 9: The customer care team will provide further assistance to complete the remaining formalities.


A loan against property is a reliable means of catering to your financial needs. Be it a wedding, medical emergency, or expanding your business, an LAP can readily help you secure your funds by pledging your property as collateral.

SMFG India Credit helps you avail of an LAP with its seamless application, competitive interest rates, and flexible repayment schedules. Whether you are a salaried, self-employed or SME owner, this loan can be applied for with minimal documentation and a robust customer support service.

We're here to make getting a Loan Against Property easy. Apply now and maximize your property's potential.

Apply for Loan Against Property

* Please note that loans are disbursed at the sole discretion of SMFG India Credit. Final approval, loan terms and disbursal process will be subject to SMFG India Credit's policy at the time of loan application. If you are an existing customer and wish to foreclose your loan, please note that foreclosure terms and charges will be applicable as per our policy at the time of loan foreclosure.

Contact Us


Flot No.401, 4th Floor, Tower B, Unitech World-Cyber Park, Sector-39, Sector 31 & 32-A - 122004, Gurugram - 122004 Haryana.

Note: Call on (Toll free number) 1800 103 6001 for more information.Timings: 9:30 AM to 6:30 PM (except 1st Saturday and Sundays and public holidays).


How is my loan against property in Gurgaon eligibility calculated?

Many online tools are available today to help you get clarity on your suitability for a personal loan. Lenders in Gurgaon consider your location, monthly income, nature of work, credit score, and current financial obligations to determine your creditworthiness. These criteria help negotiate advantageous loan terms and interest rates.

What are the advantages of applying for an online loan against property in Gurgaon?

Applying for an online LAP in Gurgaon offers several advantages, including,

  • Convenience of applying.
  • Fast processing;
  • Hassle-free paperwork;
  • Competitive rates of interest;
  • Accessible remote tracking facility for updates on the application status.
  • Time-saving.

How do I get a lower interest rate on my loan against property in Gurgaon?

Here are tips you can use to ensure a lower interest rate on your LAP in Gurgaon:

  • Maintain a good credit score: A higher score (preferably 700 plus) can help you secure lower interest rates.
  • Loan-to-Value ratio: Lower LTV ratios demonstrate a low risk to the lender and, therefore, attract better rates.
  • Property evaluation: Higher property value may help you secure better deals.
  • Employment stability: A steady income history can help you negotiate better terms.
  • Compare lenders: Research and compare offers from various lenders to choose one that suits your financial profile.

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