Loan Against Property Overview

Your property is one of your biggest assets. You have invested your hard-earned money to acquire it. Now let your property work for you. Loan against Property is an ideal way to utilize and leverage your property to its full potential. This all-purpose loan will help you fulfil your dream of taking your business to the next level or have that home renovation you have been waiting for. Be it business or personal financial requirements, you can mortgage your Residential or Commercial property to avail an attractive low EMI Loan Against Property.

Features & Benefits

  • Loan up to 8 Crore
  • Loan up to 60% of the market value of the property
  • Tenure up to 180 months
  • Attractive interest rates
  • Simple and speedy processing
  • Balance transfer facility – Lets you retire your high cost debt
  • Loan against Rent Receivables – Lease rental discounting
  • Loans to purchase a new shop or office for your business

Required Documents

DOCUMENTATION

Whether you are a salaried individual, self-employed individual, partnership firm or private limited company, we have a loan designed to suit your requirement.

Documents required

Salaried Individuals:

  • Proof of Residence – Any one of Ration Card / Telephone Bill / Electricity Bill / Voters Card.
  • Proof of Identity – Any one of Voters Card / Drivers Licence / Employers Card.
  • Latest Bank Statement / Passbook (where salary / income is credited for the past 6 months).
  • Latest 3 Months Salary Slip with all deductions & Form 16 for the last 2 years
  • Copies of all Property Documents.

Self Employed:

  • Certified Financial Statement for the last 2 years
  • Proof of Residence – Any one of Ration Card / Telephone Bill / Electricity Bill / Voters Card.
  • Proof of Identity – Any one of Voters Card / Drivers Licence / Employers Card.
  • Latest Bank Statement / Passbook (where salary / income is credited for the past 6 months).
  • Copies of all Property Documents.