Commonly Asked Questions
The eligibility criteria for a Loan Against Property are easy to meet and hassle-free. You can refer to the guide below, basis your employment type:
| Eligibility Parameters | Salaried and Professional Applicants | Self-Employed Applicants |
|---|---|---|
| Nationality and Citizenship | Applicants should be residing Indian citizens with a property located in a city we operate in | Applicants should be residing Indian citizens with a property located in a city we operate in |
| Age | Applicants should be aged between 23 to 60 years** | Applicants should be aged between 70 to 23 years** |
| Employment Record | Applicants should be employed by a public/private firm or an MNC for at least 3 years | Applicants should have a vintage of at least 3 years at their current business |
**The upper age limit is considered as the age at the time of loan maturity. Additionally, the upper age limit for applicants is subject to change, depending on the property profile.
For an easy Loan Against Property approval, you will have to ensure you keep the following documents ready:
- Proof of identity and residence: Voter’s ID/Driving License/Passport
- Proof of income: Bank account statements, Income Tax Returns, etc.
- Mandatory: PAN Card/Form 60
- Property-related: Buyer Agreement/Title Deed/Property Tax Receipts, etc.
- Other documents: Documents related to the declared businesses and ventures (in the case of self-employed applicants)
Note that this list is only indicative and may change based on your loan application.
*Terms and conditions apply.
