Loan Against Property
Your property can help you fulfill your personal and business needs. Apply for
Loan against property with us at attractive interest rates.
Loan Against Property Eligibility Criteria
Loan Against Property Eligibility for Salaried Individuals:
- Their age should be at least 21 years or above at the time of loan application but under 65 years at the time of loan retirement.
- Their proof of income is above INR 1.8 LPA. They also need to furnish profits of the past two years of business and a record of the business of at least three years.
Loan Against Property Eligibility for Self Employed Individuals:
- The applicant should hold a graduate degree if the applicant works in a private limited company or a partnership. But they won’t need this if you are working for a public limited company.
- Applicants should have an income above INR 40,000 per month and must be working for the past 2-3 years.
- The applicant should be at least 18 years or above at the time of application but under 60 years at loan retirement
Sanction of the loan is at the discretion of the bank