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Check your Home Loan Eligibility

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Loan Against Property Eligibility

• Age limit 18 - 70 years for Loan Against Property. However, some banks Have different age limits for salaried, self-employed and self-employed professionals.
• Residential property, commercial property and industrial property are the most eligible securities for loan against property.
• Maximum loan tenure up to 18 years, overdraft available.
• One of variants of business & personal loans & (in the last) rate of interest in Loan Against Property typically remains just half of unsecured loans & tenure can go up to 15 years.

Documents Required For Loan Against Property

• Filled Application form
• Passport size Photograph
• Voter’s ID/Pan Card/Valid Passport/Aadhar Card/Valid driving license with photograph.
Proof of Income: Latest 3 Month salary slip / Certificate for Fixed Salary / Latest 2 year form 16 and Last 6 months bank statement / Passbook of salary account.
Proof of residence: Latest electricity bill / Utility bill piped gas bill / telephone bill /Passport / Registered lease agreement with a utility bill in the name of landlord.
• Registered Sale Deed/ Conveyance/ Lease Deed
• Past Sale Deeds Chain (each transaction in respect of this property since first allotment)
• Filled Application form
• Passport size Photograph
Proof of Income: IT returns for the last 3- years along with computation of income certified by CA.
• Last 12-months bank statement for operative account both professional and business.
Proof of residence: Latest electricity bill / Utility bill piped gas bill / telephone bill /Passport / Registered lease agreement with a utility bill in the name of landlord.
Proof of Business: Shop and Establishment certificate / Vat registration certificate / Service tax Certificate
• Voter’s ID/Pan Card/Valid Passport/Aadhar Card/Valid driving license with photograph. (of Applicant & Co-Applicant)
• Copies of all property documents of the concern property that you chose pledge for the loan
• Registered Sale Deed/ Conveyance/ Lease Deed
• Past Sale Deeds Chain (each transaction in respect of this property since first allotment)
• Loan Schedule & Limit Letter if Any
• Pan Card required (In Partnership, Pvt Ltd. Firm )
• Filled Application form
• Passport size Photograph
• Voter’s ID/Pan Card/Valid Passport/Aadhar Card/Valid driving license with photograph. (of Applicant & Co-Applicant)
Proof of Income: IT returns for the last 3-years along with computation of income certified by CA
Proof of Business: Shop and Establishment certificate / Vat registration certificate / Service tax Certificate
• Last 12-months bank statement for operative account both professional and business
Proof of residence: Latest electricity bill / Utility bill piped gas bill / telephone bill /Passport / Registered lease agreement with a utility bill in the name of landlord.
• Copies of all property documents of the concern property that you chose pledge for the loan
• Loan Schedule & Limit Letter if Any
• Pan Card required ( In Partnership, Pvt Ltd. Firm )

Property Details

Applicant & Income Details

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