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Documents required for loan against property

Tax queries 551 views 2 replies

Whta documents bank ask for while taking a loan against property? How bank verify these documents? Please explain the complete procedure.

Replies (2)

Hi Naina

Detailed insights to each and every essential documents and eligibility criteria those are required to get a loan against property! I just want to add that some documents are also required as signature proof and the minimum eligible age is generally 25 years for a loan against property. For further details about the eligibility criteria and apply for a loan against property I am sharing with you a resources that will help you understand documents and eligibility criteria for loan against property:-    https://www.bajajfinserv.in/finance/loan-against-shares/salaried-loan-against-shares-eligibility-and-documents.aspx

Whether you want to expand your business, or you need funds for your personal use, child's education, managing your wedding expenses, expanding your business, or even handling unforeseen medical expenses, our Loan Against Property will cover all your financial needs. Documents required for loan against property depend upon the type of employment of an individual. Documents required for different types of employment are on the basis of:

  • Salaried individuals 

  • Self-employed individuals.

Some of the Eligibility Criteria when applying for a Loan Against Property are as follows:

  • Minimum Age

  • Maximum age

  • Type of property funded

  • Resident of india

  • Salaried or self employed

  • Income proof

You can check more at https://www.bajajfinserv.in/loan-against-property-eligibility-and-documents


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