What is the maximum amount I can expect for a loan against property?
There is no hard and fast rule as to the maximum you can get for a LAP. The loan amount will depend on many factors like circle rates, age of the property, quality of construction, etc. Depending on the kind of property the bank will also take into account and your personal finances as it does its own valuation for the property. Most lenders typically give 60-65 per cent of the property value as loan.