Mortgage LOAN
Product Features
- Loan amount of upto Rs.35 lakhs
- Convenient loan repayment option of upto 120 months
- Both residential and commercial property accepted as collateral
- Avail loan upto 90% of your property value
- Minimal documentation and faster approvals
- ttractive interest rates
- Fixed and floating rate of interest available
- Select as loan or as OD limit facility
Eligibility & Loan Criteria
- Loan Against Property can be availed by salaried individuals, self-
employed individuals, self-employed professionals, sole
proprietorships, partnership firms.
- Loan Against Property can be offered to Residents of Rajasthan only
- Minimum age at loan sanction - 18 years. Maximum age at loan
maturity - lower of 60 years or retirement age
- Guaranter Required
List of Documents Required
- PAN Card - For Individual / Partnership Firm
- Identity Proof - Voter ID / Driving License / Passport
- Address Proof - Voter ID / Driving License / Passport / Telephone Bill / Electricity Bill / Registered Lease Deed / Bank Statement
- Business Continuity Proof - Document dated 5 years old (Bank Statement / Sales Tax Challans / IT Returns / Shops & Establishment Certificate / Partnership Deed)
- Passport Size Photographs
- Any other valid Photo ID card issued by central or state government
- Original documents of property
For Salaried Individuals
- Six months bank statement required with salary credits
- Latest 3 month salary slip or latest Form 16 issued by the employer
For Self Employed Individuals
- Latest audited ITR and financials for last 3 years (Balance Sheet, Profit & Loss Account, Computation of Income)
- Bank statements from the borrower’s main account for last 6 months
- 3 months statements of other bank accounts mentioned in the balance sheet
For Self-Employed Professionals
- Latest audited ITR and financials for last 3 years
- Bank statements from main account for last 6 months
- Professional qualification and degree certificates (Doctors, Architects, Chartered Accountants etc.)