Best Loan Against Property rates in Prayagraj, 2026.
Reviewed by Rushik Patel· Last reviewed: stale
Prayagraj (formerly Allahabad) is undergoing major Maha Kumbh-driven infrastructure upgrades, with Civil Lines and Tagore Town remaining the most sought-after addresses. Naini and Jhusi offer affordable new launches across the river.
Best loan against property rates in Prayagraj, Uttar Pradesh start from 8.75% per annum in 2026, with loans up to Rs 10 crore and tenure up to 20 years across 40+ banks. Money Matrix Hub is a free DSA loan-advisory service.
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Loan Against Property Rates in Prayagraj — Bank-wise Comparison
Updated April 2026. Showing 15 banks serving Prayagraj.
| Bank | Rate (p.a.) | Key Feature |
|---|---|---|
| SBI | 8.75% – 10.5%Lowest | Up to 65% LTV |
| Bajaj | 8.75% – 11%Lowest | Up to 70% LTV |
| BoB | 8.85% – 10.75% | Up to 65% LTV |
| PNB | 8.9% – 10.9% | Up to 60% LTV |
| Union | 8.9% – 11% | Up to 60% LTV |
| Canara | 8.95% – 11% | Up to 60% LTV |
| HDFC | 9% – 11% | Up to 70% LTV for residential |
| ICICI | 9% – 11.5% | Up to 65% LTV |
| LIC | 9% – 11.25% | Up to 60% LTV |
| Federal | 9% – 11.5% | Up to 65% LTV |
| Tata | 9% – 11.75% | Up to 65% LTV |
| Axis | 9.25% – 11.75% | Up to 60% LTV |
| Kotak | 9.25% – 12% | Up to 65% LTV |
| IDFC | 9.25% – 12% | Up to 65% LTV |
| Bandhan | 9.5% – 12% | Up to 60% LTV |
Updated April 2026: 15 banks offer loan against property in Prayagraj from 8.75% per annum. Actual rate depends on applicant profile, loan amount, and property location in Prayagraj.
Loan Against Property Eligibility in Prayagraj
General eligibility criteria for loan against property applicants in Prayagraj, Uttar Pradesh.
Salaried Applicants
- Age: 21 – 65 years
- Min Income: Rs 25,000/month
- Work Experience: 2 years
- CIBIL Score: 700+
- Property in Prayagraj or Uttar Pradesh
Self-Employed Applicants
- Age: 21 – 70 years
- Min Income: Rs 3 Lakhs/year ITR
- Business Vintage: 3 years
- CIBIL Score: 680+
- Business registered in India
How to Get a Loan Against Property in Prayagraj — Step by Step
Our Prayagraj team handles the entire process from application to disbursal.
Share Your Requirements
Tell us your Loan Against Property needs in Prayagraj — amount, tenure preference, and property details. Our advisor will evaluate your profile within 30 minutes.
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We fetch live rates from all banks in Prayagraj and present you a side-by-side comparison showing rate, EMI, processing fee, and total interest payable.
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Pick the bank that suits you best based on rate, tenure flexibility, and service quality in Prayagraj. We explain every term in plain language.
Documentation & Filing
Our team in Prayagraj helps you compile the complete document set, fills out the application form, and submits it to the bank — saving you hours of branch visits.
Sanction & Disbursal
We follow up with the bank for swift processing. Expect sanction within 48 hours and disbursal within 7-10 working days in Prayagraj. We stay with you until the last rupee is credited.
Documents Required for Loan Against Property in Prayagraj
Keep these documents ready to speed up your loan against property application in Prayagraj.
For Salaried Applicants
- 1PAN Card & Aadhaar Card
- 2Last 6 months salary slips
- 3Last 2 years ITR / Form 16
- 4Last 6 months bank statements
- 5Property documents (Title deed, tax receipts, approved plan)
- 6Encumbrance certificate
- 7Passport-size photographs
For Self-Employed Applicants
- 1PAN Card & Aadhaar Card
- 2Last 3 years ITR with computation
- 3Last 3 years audited financials
- 4Last 12 months bank statements
- 5Property documents (Title deed, tax receipts)
- 6Encumbrance certificate (15 years)
- 7Business registration documents
Loan Against Property in Prayagraj — Frequently Asked Questions
Common questions about loan against property in Prayagraj, Uttar Pradesh.
What are the current Loan Against Property rates in Prayagraj in 2026?
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Other Loan Products in Prayagraj
Explore more loan options available in Prayagraj through Money Matrix Hub.
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