Features & Benefits Pre-Approved Loan against Property
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.
You have an added advantage of getting the loan amount sanctioned in a few minutes
The Pre-Approved Against Property Loan saves you from the time-consuming paperwork process
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
The pre-approved Loan Against Property lets you pay your EMIs at an affordable rate
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?
For details, give us a missed call on 9022499400
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.
Scan to check your pre-approved offer