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Loans Against Property: Commonly Asked Questions

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 must be residing Indian citizens with a property located in a city we operate in Applicants must be residing Indian citizens with a property located in a city we operate in
Age** Applicants must be aged between 28 to 58 years Applicants must be aged between 25 to 70 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 5 years at their current business

**The upper age limit is considered as the age at the time of loan maturity.

For an easy Loan Against Property approval, you will have to ensure you keep the following documents ready:

  • Proof of identity and residence: PAN card/Voter’s ID/Driving License/Passport
  • Proof of income: Bank account statements, Income Tax Returns, etc.
  • 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.

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