Loan amount of up to Rs. 10.50 crore*

Manage your big financial needs with a loan of up to Rs. 10.50 crore*. The loan amount will depend on some criteria like your property value.

Low interest rates

Our loan against property for salaried individuals comes with affordable interest rates ranging from 7.5% to 18% per annum (fixed or floating rate of Interest).

Loan disbursal in 72 hours*

Your loan amount will be disbursed within 72 hours* of the approval. In some cases, it can be credited even earlier.

Tenure of up to 15 years

You can manage your loan easily with a long repayment tenure ranging up to 15 years.

Multiple end-use options

Use the loan to manage your wedding expenses, higher education, or even pay for a medical emergency as it comes with no end-use limitation.

No foreclose charges*

If all borrowers and co-borrowers are individuals, loan availed on floating loan against property interest rates, and loan taken for purposes other than business use, then there will be no foreclosure/ part-prepayment charges.

Externally benchmarked interest rates

You have the option to link your loan to an external benchmark, such as the Repo Rate. Benefit during favourable market conditions.

Eligibility criteria

• Nationality: You must be an Indian citizen residing in India with property in a city we operate in.
  
• Age: The minimum age of the applicant must be 25 years* (18 years for non-financial property owners)
  * Age at the loan application of the individual applicant/Co-applicant.
  The maximum age of the applicant must be 70 years* (80 years for non-financial property owners)
  * Age at the loan maturity of the individual applicant/Co-applicant. 
• CIBIL Score: A CIBIL Score of 700 or higher is ideal to get an approved loan against property.
• Employment status: As a salaried applicant, you must be employed with a stable income source from a public or a private company with a minimum of 3 years of work experience.

Documents required

• Proof of identity/ residence - Aadhaar/ passport/ voter’s ID/ driving license/ letter from NPR/ NREGA job card
  
• Property-related documents (Mortgage documents, Title deed)
• Proof of income (latest salary slips, IT Returns)
• Proof of employment (ID card issued by employer), and
• Account statements for the last 6 months

Step-by-step guide to applying for a loan against property

1. Click on the 'APPLY' button on this page.
2. Enter your pin code and click Proceed.
3. Provide basic details like your full name and mobile number.
4. Choose ‘Salaried’ as your employment status.
5. Now select the type of loan that you wish to apply for, your net monthly income, your area pin code, and the required loan amount. 
6. Generate and submit your OTP to verify your phone number.
7. Enter further details like your property location, your current EMI amount/ monthly obligation, and your PAN number.
8. Click on the ‘SUBMIT’ button.

That is it! Your loan request is submitted. Our representative will connect with you and guide you through the next steps.