• Property Loans are the cheapest Loans available, after Home Loans.
• Most secured type of Loan.
• Provides Longer tenure up to 15 years.
• Property Loans start from Rs 2 Lakh onward depending on your property valuation
• Low rate of interest offer.
• Documents Requirements similar to Personal Loans, plus Property Pages extra.
• Speedy Processing.
• Loan borrowed up to 70% of market value for Property.
• Flexible EMI options.
| Documents | Salaried | Self Employed | ||
|---|---|---|---|---|
| Applicant | Co-Applicant | Applicant | Co-Applicant | |
| Color Photo | ✓ | ✓ | ✓ | ✓ |
| Pan Card Copy | ✓ | ✓ | ✓ | ✓ |
| Current residence Address Proof | ✓ | ✓ | ✓ | ✓ |
| Last 3 months salary slip | ✓ | ✓* | × | × |
| 6 months bank statement | ✓ | ✓* | × | × |
| 1 year bank statement | × | × | ✓ | ✓* |
| Last 2 Years Form 16 | ✓ | ✓* | × | × |
| Last 3 years ITR set | × | × | ✓ | ✓ |
| Loan Details | ✓ | ✓* | × | × |
| Copy of Property Documents | ✓ | × | ✓ | × |
| Shop Act | × | × | ✓ | ✓* |
| Office Address Proof | × | × | ✓ | ✓* |
| Partnership deed/MOA | × | × | ✓ | ✓* |
| Individual & Company both | × | × | ✓* | ✓** |
| VAT return/service tax | × | × | ✓* | ✓* |
* indicates (If Applicable)
* indicates (As per requirement)
• Age of customer must be less than 55 years.
• Minor cannot become a co-applicant or applicant while taking the loan
• End use of the loan must be general and should follow the Indian laws.