Loan Against Property

Your property doesn’t seem to be very beneficial, do you think? Take out a loan secured by your property and use its value to achieve your life’s ambitions.

Loans from Rs. 5 Lacs & above.
Loan up to 85% of market value of the property.
Flexibility to choose between an EMI based loan or an Overdraft.
The overdraft against self-occupied residential or commercial property.
Loan tenure up to 15 years.
Attractive interest rates.
Simple and speedy processing.
This loan can be used any legal purpose.

Title to the property should be clear and free from encumbrance, i.e., without any pending legal litigation adversely affecting the ownership of the property.

Self Employed

Proprietor/Partner/Director of the company.
Age min. 23 & the repayment should be complete before attaining the age of 65.
Having minimum 3 years old company in the same business.
Minimum 1year old operation at same place.
Profitable business for the last 2 year.
Have a clean track record of at least 6 month from any Bank.
Applicant must own office or residence.
Turnover minimum 40 lacs & above per annum for the last 2 years.

Salaried Individuals

getting salary by cheque or Bank transfer.
Age 23 & the repayment should be complete before retirement.

Self Employed

Photograph of main applicants.
Aadhaar Card.
ID proof : Pan card/ Passport/c Driving License
Signature Proof : Pan card/ Passport/Driving License
Age Proof : Pan card/ Passport/Driving License/DOB Certificate
Residence Proof : Passport/ Voter Card/Driving License/ Ration Card/Telephone Bill/ Electricity Bill.
Office Proof : Telephone Bill/ Sales Tax registration certificate/ Electricity Bill.
Income Proof : Last 2 years Income tax return with financials.
Last 6 month main account Bank statement.
Constitution proof : MOA/ partnership deed.
Loan Proof if any : repayment Schedule of all running loans.
Property Pepar Required

Salaried

Photograph of main applicants
Aadhaar Card.
ID proof : Pan card/ Passport/c Driving License/Employee ID
Signature Proof : Pan card/ Passport/Driving License
Age Proof : Pan card/ Passport/Driving License/DOB Certificate.
Residence Proof : Passport/ Voter Card/Driving License/Ration Card/ Telephone Bill/ Electricity Bill.
Office Proof : Form 16/ Employee ID/ Appointment Letter
Income Proof : Last 3 months Salary Slips.
6 month bank account statement in which salary credited.
Loan Proof : repayment Schedule of all running loans.