Business Loan 

Business Loan Against Property | Eligibility | Documents | India

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Get Details on Business Loan Against Property Interest Rates, Documents, Eligibility, EMI and Process.

Benefits

  • Raise funds for personal or business needs through Loan against Property!! Program specially designed for Self Employed segment.
  • Residential and commercial properties are accepted as collateral – get attractive rates of interest on both!
  • Easy repayment options offered through loans with longer tenures.

With Loan Against Property, you don’t need to look for any other funding options. Whether it’s generating funds for your business without reducing capital, planning your daughter’s wedding or sending your son for education abroad Loan against Property helps you meet all your financial needs.

  • Interest rates: What could be better than getting a loan at competitive rates? Apply for Loan against Property NOW!
  • Property Type: Don’t be worried about the type of your property. We accept both – residential and commercial*
  • Flexible product offerings: Pick from an EMI based loan or an Overdraft facility, suited to your needs.
  • Easy repayments: With longer repayment tenure & competitive interest rates, EMI is certainly lower compared to other funding options.
  • Loan for the self employed: We offer customized loan options for self-employed individuals. Check out our specially designed products for the self employed to avail some great benefits.

Eligibility and Documents Required:

If you are asalaried individual, you will require the following documents:

  • Your Proof of Residence – A ration Card / Telephone Bill / Electricity Bill / Voters Card will do.
  • Your Proof of Identity – A Voter’s Card / Driver’s License / Employer’s Card will do.
  • Your latest Bank Statement / Passbook from where you can show a salary / income being credited from the past 6 months.
  • Your Salary Slip from the last 3 months with all deductions shown. A Form 16 from the last 2 years will also be required.
  • Copies of all Property Documents of the concerned property that you chose to pledge for the loan.

If you are a self employed professional/individual, you will require the following documents:

  • Certified Financial Statement for the last 2 years.
  • Your Proof of Residence – A ration Card / Telephone Bill / Electricity Bill / Voters Card will do.
  • Your Proof of Identity – A Voter’s Card / Driver’s License / Employer’s Card will do.
  • Your latest Bank Statement / Passbook from where you can show a salary / income being credited from the past 6 months.
  • Copies of all Property Documents of the concerned property that you chose to pledge for the loan.

 

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