Leverage Your Assets

Unlock Hidden Value With
Loan Against Property

Leverage the hidden equity of your residential or commercial real estate. Meghalaya Rural Bank provides substantial, multi-purpose capital injections against your property at incredibly competitive interest rates.

Why choose our LAP?

Your property is your strongest asset. Put it to work seamlessly to fund your most vital overarching goals.

High Quantum of Finance

Tap into extensive liquidity. Secure loans up to 60-70% of the active market valuation for robust, immediate capital generation.

Multi-Purpose Usage

No artificial boundaries. Use the funds for business expansion, child's high-tier education, a grand marriage, or sudden healthcare emergencies.

Unrestricted Tenures

Rest easy with highly comfortable EMIs stretching gracefully up to 15 years, structured meticulously to align with your personal cash flow capacities.

Eligibility & Boundaries

Eligible Applicants

  • Salaried personnel, self-employed professionals, and non-individual business entities.
  • Must be above 21 years of age, demonstrating consistent, provable income flow spanning recent fiscal cycles.
  • Co-applicants (spouses or immediate family members) are allowed to vastly improve loan quantum approval amounts.

Property Condition

The asset pledged as security strictly must comprise a clear, marketable, and non-agricultural title. We securely process loans against self-occupied residential dwellings, commercial shops, and industrial properties.

Required Documents

Prioritize collecting these crucial records to execute the property evaluation sequence rapidly.

Financial & KYC Checklist

  • KYC Modules: Aadhaar Card, PAN Card, Voter ID.
  • Financial Ledgers: Form 16 / ITR of the last 3 years, paired with 6 months continuous bank statements.

Property & Technical

  • Title Deeds: Complete continuous chain documents conveying clear ownership.
  • Construction: Approved building plans or completion certificates from civic bodies.
  • Clearances: Latest Tax/Revenue Receipts ensuring zero municipal encumbrances.

Capitalize your assets today!

Have your commercial or residential property formally appraised to instantly understand your funding potential.

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