Can I Get Loan Against Property?
Yes. If you fulfil the eligible criteria for Loan Against Property, you will be able to get loan approval quickly. Our property loan eligibility criteria are mentioned below:
| Description | Salaried Individuals | Self-employed Individuals | Firm / Company |
| Eligible Borrowers | Salaries individuals that are employed with LLP Private Limited/ Public Limited companies |
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Partnership or Private Limited companies engaged in servicing, manufacturing, or trading. |
| Age | Borrowers must be a minimum of 18 years at the time of loan application and should be a maximum of 60 years old at the time of loan maturity | Borrowers must be a minimum of 18 years at the time of loan application and should be a maximum of 75 years old at the time of loan maturity | Proprietor / key partner / key director should be a minimum of 18 years of age at the time of loan application and 75 years old at the time of loan maturity |
| Income | Gross monthly income should be a minimum of ₹50,000 | Gross annual turnover should be a minimum of ₹3 Lakh | Gross annual turnover of a minimum of ₹10 Lakh |
| Experience / vintage | 3 years of total experience and 6 months stable employment with the current employer | Should be in the same business/profession for the last 5 years | Business vintage of at least 5 years in the same business |
| Citizenship | Borrowers must have Indian citizenship | Borrowers must have Indian citizenship | Borrowers must have Indian citizenship |
