Loan Against Property FAQs



A Loan Against Property is essentially a loan given against any property. The loan can be taken against fully constructed, residential, and commercial properties for business needs, marriage, medical expenses or any other personal needs.

Any Resident Indian Individual (salaried/ self-employed) can apply. The co-applicants can be close relatives, partnership firms, or even a Private Limited Company.

Salaried Customers need to submit their last 2 month’s salary slip, 6 months bank statement, form 16 and ITR and documents related to running loans.

Self Employed customers need to submit complete set of ITR and Financials for last two financial years, 6 months CA statement and documents related to running loans.

We offer this Loan Against Property for max tenure of 10 years.

Loan to Value (LTV) is a term that is used to express the ratio of a loan to the value of the asset mortgaged. The loan is usually offered in the range of 60% to 70% of the market value of the property.

It would take minimum of 4 working days after submission of required documents.

Repayment can be made by way of EMIs and must be made through Automated Clearing House (ACH) or Electronic Clearing System (ECS).

Normally a guarantor is not required; however, this would also depend upon the loan facility and financial strength of the customer. However, every loan to have either co-borrower or guarantor.

You will receive expert legal and technical counselling that will help you make the right financial decision.


May I Help You