Want us to help you with anything?
Request a Call back

This field is required Only alphabetes are allowed

Please enter valid number

Please enter valid email

Please enter valid pincode

Thank you for your request.

Your reference number is CRM 786578956

Our executive will contact you shortly

Pre-approved Loan Against Property

Do you need immediate funds for personal or business needs? Borrowing from other sources like family or friends may not work out at times. But if you own a residential or commercial property, you can give it as collateral and get instant funds with no documentation at all. That’s how a Loan Against Property or LAP works.

APPLY NOW

Features & Benefits Pre-Approved Loan against Property

Resident Indian

Any resident Indian is eligible for the loan facility

No Age Limit

Any person between the age of 25 years to 65 years or of retirement age, whichever is earlier, can apply for an Pre-approved Loan Against Property

Salaried or Self-Employed

Any salaried or self-employed individual holding an account with ICICI Bank, can apply for an Pre-approved Loan Against Property

Instant Pre Approved Loan Against Property

The Instant Pre-approved Loan Against Property facility is also available for NRIs

Owner of the Property

The applicant should be the owner of the property, which is being pledged as a collateral.

Instant Approval

You have an added advantage of getting the loan amount sanctioned in a few minutes

Saves Time

The Pre-Approved Against Property Loan saves you from the time-consuming paperwork process

Swift Processing

We know that you need immediate cash to fund any purpose, which is why the Pre-Approved Pre-approved Loan Against Property application process is swift

Easy Balance Transfer

If you have an ongoing Pre-approved Loan Against Property with another bank, ICICI Bank lets you opt for a LAP Balance Transfer

Affordable EMIs

The pre-approved Loan Against Property lets you pay your EMIs at an affordable rate

Introduction

At ICICI Bank, you can avail funds even faster by applying for a Pre-approved Loan Against Property, a facility that enables you to meet personal or business goals. A Pre-approved Loan Against Property is a perfect financing option for doctors who want to transform their clinic into a nursing home or professionals looking to expand their business.

You can also use the funds for personal needs like funding the education of your child, a marriage in the family or even a medical emergency!

How does one apply for an Pre-approved Loan Against Property?

Step 1: Select the Loan Offer

Step 2: Pay the Processing Fee, online

Step 3: Download sanction letter

For details, give us a missed call on 9022499400

Request A Callback

Frequently Asked Questions (FAQs)

EXPAND ALL | CLOSE ALL

A Pre-Approved Loan Against Property is a loan facility available to existing ICICI Bank customers, having a “pre-approved offer” from the Bank. Under this, borrowers can mortgage their residential or commercial property as collateral, to avail instant funds for funding their business or personal goals, at attractive interest rates.

It is easy to avail the pre-approved offer for an Pre-approved Loan Against Property. You can apply through Internet Banking or the iMobile Pay app.

Since this is a pre-approved offer for existing ICICI Bank customers, it does not require you to produce any Loan Against Property documents, at the sanction stage. Therefore, making the loan application process, quicker.

Pre-approved LAP eligibility - you need to be an existing ICICI Bank customer, with a pre-approved offer, to avail the pre-approved Loan Against Property.

ICICI Bank’s Pre-approved Loan Against Property is available to existing customers who own a fully constructed freehold residential or commercial property.

Yes, you can reduce the loan tenure on the slider; however, the maximum tenure will be as mentioned on the offer.

Yes, you can reduce the loan amount on the slider. However, there is no facility to enhance the loan amount once the offer amount is declared by ICICI Bank.

The Sanction Letter is valid for up to 6 months.