Documents required for a loan against property
If you are planning to apply for a loan against property with Bajaj Finance, keeping the necessary documents ready in advance can simplify and speed up the process. While the exact paperwork may differ for salaried and self-employed applicants, most lenders typically require identity proof, address proof, income documents, and property-related papers. Submitting the correct set of documents—such as salary slips, bank statements, income tax returns (ITR), and property title deeds—ensures smoother verification and faster loan approval. To guide you better, we’ve listed the complete set of documents required for a property loan in detail below.
Documents required for salaried individuals*
Below are the documents required for loan against property for salaried individuals:
- Latest salary slips
- Bank account statements of the previous 3 months
- PAN card/ Form 60 of all applicants
- ID proof
- Address proof
- Document of the property to be mortgaged
- IT returns
- Title documents
Documents required for self-employed individuals*
Below are the documents required for Loan Against Property for self-employed individuals:
- Primary bank account statements of the previous 6 months
- PAN card/Form 60 of all applicants
- Address proof
- ID proof
- Income documents like ITR/ financial statements, etc.
- Documents of the property to be mortgaged
- Title documents
*Please note that this list of documents is indicative. During loan processing, additional documents may be required.
When you apply with a co-applicant, the documents required for the mortgage loan include identity and address proof of all the co-applicants. In both cases, you also need to provide passport-size photographs.
*Please note that this list of documents is indicative. During property loan processing, additional documents may be required.
When you apply with a co-applicant, the documents required for the mortgage loan include identity and address proof of all the co-applicants. In both cases, you also need to provide passport-size photographs.Once you meet the loan against property eligibility terms, keep these documents ready to receive hassle-free approval. Use our online property loan EMI calculator to know your fixed monthly outflow and plan your finances accordingly. Check out the loan against property eligibility to furnish to avail the credit.
Frequently asked questions
For a loan against property, lenders usually require ID proof, address proof, income documents (salary slips, ITR, bank statements), property papers (title deed, tax receipts), and passport-size photographs.
Yes, income proof such as salary slips, bank statements, or ITR is mandatory, as it helps lenders assess repayment capacity and determine loan eligibility for salaried and self-employed applicants.
Yes, original property documents like the title deed and registered sale agreement must be submitted, as the lender keeps them as collateral until the loan is fully repaid.
