NIC ASIA Loan Against Mortgaged Property (LAMP) is asset collateral based lending. This facility is mainly provided for purchase of land and/or building, renovation/extension of existing house, construction of new house and to meet other personal financial requirements. 

The features include:

  1. Flexible loan tenure up to 50 years 
  2. Maximum up to 80 years of age criteria at the time of maturity of loan
  3. Credit facility as Term Loan and/or Overdraft/ Demand loan 
  4. Loan processing from wide range of branch networks