Micro LAP

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Customized Micro Loans Against Property

Tailored Financial Support with Micro LAP

We firmly believe that every small business owner and individual with financial needs has the potential to make a significant impact. With the M-LAP, we are dedicated to breaking down barriers and providing the support needed for small businesses and individuals to succeed.

Heritage Finlease prioritizes simplicity and efficiency. Our hassle-free application processes and competitive interest rates ensure a seamless experience when obtaining the necessary financial support. We aim to uplift individual businesses and small entrepreneurs, empowering them to overcome financial constraints and realise their full potential.

When you apply for a Micro LAP with Heritage Finlease, we provide complete assistance and guide you through the entire process, from form filling to disbursement.

Customized Solutions

Key Featured of Micro-LAP

Quantum of loan

Starting from Rs. 5 Lakhs, access the financing you need.

Flexible Repayment Options

Tailored plans to match your cash flow and needs.

Tailored Financing Options

Explore a range of loan programs to suit your requirements.

Transparent Process

Stay informed throughout, ensuring a smooth and stress-free experience.

Lower Interest Rates

Secure a competitive rate for stable and predictable payments.

Fast Approval Process

Get approved quickly and kickstart your goals sooner.

Personalised Service

Benefit from dedicated support to find the ideal loan solution.


Got Questions?

Simply fill the form by clicking on apply in the product page and we will get in touch with you to discuss your options and address any queries you may have.

Micro-LAP (Loan Against Property) includes offerings to individual entrepreneurs and business owners seeking financing for various purposes such as business expansion, working capital requirements, and other financing needs.
You can use either residential or commercial property (not vacant land) as security for the loan, but it must be free from charges or encumbrances (debts or claims).

Our loan tenure ranges from 12 months to 120 months subject to the company’s internal policy. The loan amount ranges from a minimum of Rs. 5 Lakhs to a maximum of Rs. 50 Lakhs. 

The co-applicant can be spouse or parents of the applicant.
Yes, guarantor is mandatory.
Loan eligibility is determined by assessing the borrower’s financial statements, cash flow, banking history, and repayment track records.
Your interest rate depends on your Credit Score, Loan Amount and other Eligibility Criteria. 
Processing fee is between 2% to 3% on the loan amount.
It usually takes 1-2 weeks from start to finish if we receive all of the required information upfront from the borrower.
Our loan eligibility criteria are highly flexible, with easy-to-meet norms. We also prioritize minimal document submission. Our field staff in respective locations will reach out to you for a hassle-free experience.
The EMIs will be deducted from your bank account through NACH mandate/e-mandate. If the NACH is not honored due to insufficient funds, then you can pay online via Razorpay, Bank transfers, UPI.