Loan amount from Rs. 10 Lakhs to Rs. 10 Crores

Mortgage Loan Eligibility & Documents 

Eligibility & Documents

Loan against Property is an attractive financial service that one can avail to fund both business and personal monetary needs. The applicant needs to match the following eligibility criteria.

Minimum Age
  • Minimum 25 years (At the time of loan application)
  • Maximum 65 years (At the time of loan maturity)
  • Property owner age to be max 75 years at the time of loan maturity
Who can apply?
  • Salaried Employees
  • Self-Employed Individuals
  • Professionals
Employment Stability
  • Salaried Employees: Minimum 2 years
  • Self-Employed: Minimum 3 years

Documents

Find out the documents that you must attach with your application for Loan against property.

  Salaried Self Employed/Professional
Income Documents
  • Salary slip for last 3 months
  • Bank statement or copy of passbook of last 6 months
  • Last 2 years Form 16 / ITR
  • Last 2 yrs complete audited financials
  • Last 6 months bank statement of all business accounts
  • Last 6 months saving bank statement of Proprietor / Partner / Director
Identity proof Any one of the following:
  • Driving License
  • Aadhar Card
  • Passport
  • Voter ID
  • PAN
Any one of the following:
  • Driving License
  • Aadhar Card
  • Passport
  • Voter ID
  • PAN
Job or Business stability
  • Should be in service for minimum 2 years
  • Full time job employment
  • SENP/SEP should be in current business/profession for 3 yrs

Proof of business registration:

  • GST registration
  • Incorporation Certificate
  • VAT/CST certificate
  • Importer Exporter Code
Residential address proof Any one of the following:
  • Registered Rent Agreement
  • Passport
  • Latest Utility Bill
  • Aadhar Card
  • Voter ID card
Any one of the following:
  • Registered Rent Agreement
  • Passport
  • Latest Utility Bill
  • Aadhar Card
  • Voter ID card
Signature Proof
  • Passport
  • Pan Card
  • Bank Verification
  • Passport
  • Pan Card
  • Bank Verification
Property Documents
  • Complete chain of property documents
  • Sanction MAP
  • NOC from Society/ Authority
  • Complete chain of property documents
  • Sanction MAP
  • NOC from Society/ Authority
Other documents
  • Employment contract
  • Appointment letter if job is less than 1 year old
  • Schedules of all running loans
  • Two passport sized photographs signed across
  • GST Returns
  • Schedules of all running loans
  • List of Directors & shareholders (For Company)
  • Copy of degree (For Professional)
  • Two passport sized photographs signed across

Personal Loan

Loan amount from Rs 1 Lakhs to Rs 25 Lakhs

Business Loan

Loan amount from Rs 5 Lakhs to Rs 50 Lakhs

Corporate Lending

Special Situation and Acquisition Financing