Loan Against Property

Apply Now

Loan Against Property

Provision of term loan facility against the value of commercial as well as residential property. Maximum Funding upto Rs. 25.00 lac for residential or 60% of market valuation of property whichever is less and maximum Rs. 25.00 lac for commercial or 50% of market valuation of property whichever is less

Firm and corporates

Long term loan facility to finance against the value commercial as well as residential property to fulfill professional needs

Maximum Funding upto Rs. 25.00 crore for residential or 60% of market valuation of property whichever is less and maximum Rs. 25.00 crore for commercial or 50% of market valuation of property whichever is less

Maximum Tenure
60 Months

Interest Rate
14% to 18%

Processing Fees
1% + GST

Features and benefits

Provision of term loan facility against the value of commercial as well as residential property

Flexible
Tenure

The tenure is flexible; however maximum tenor for this product will be for 9 years.

Easy
Application

We provide door-to-door service so that you can submit your application from the home. SAFl sales executives are their across 74 branches. nil foreclosure Charges

Eligibility Criteria - for Individuals

Person with a satisfactory credit record along with acceptable collateral

  • Property ownership vintage should be Min.5 year in the name of borrower/Co-borrower.
  • Title clear report commercial /residential property
    • Loan upto Rs. 5.00 lac, 1 TITLE SEARCH REPORT for last 30 years and
    • Loan Above Rs. 5.00 lac, 2 Title search rport last 30 years is required
  • Age of applicant should be minimum 22 years old at the time of sanction and should not be more than 55 years old at the time of end of tenor of loan, In case of salaried Maximum Age limit 55 years at the end of loan tenure with residual service of at least 2 months over and above last EMI repayment date.
  • In case of salaried person, employment vintage should be min. of 5 years
  • In case of self-employed, borrower business vintage should be of 5 Years

Eligibility Criteria - for Firm and corporates

A firm or company with a satisfactory credit record along with acceptable collateral

  • Property ownership vintage should be Min.5 year in the name of borrower/Co-borrower.
  • Title clear report commercial /residential property - 2 TSR last 30 years

Documents Needed

The document required to apply for Loans are easy to obtain. Indicated below is the list of documents required to avail a loan against property.

Photo Identity Proof

  • Passport
  • Pan Card
  • Voter Identity card
  • Driving License

Address Proof

  • Passport
  • Bank Account Statement
  • Aadhaar Card
  • Driving License
  • Electricity Bill
  • Telephone Bill

Income Proof

  • Latest ITR
  • Latest form 16
  • Latest salary slip/certificate
  • Bank details with last 6 months salary credited
  • Latest Audited Financials Business Proof
  • Qualification Certificate/Certificate of Practice(COP)
  • Shop Act License/MOA & AOA
  • Sales TaxNat registration
  • Partnership Deedears Financials including Profit & loss statement and Balance sheet along with detailed schedule.
Apply Now
Related Links
Our Products Impact Careers Contact Us
About us
Overview Our Story Vision & Mission Board of Directors Our Presence Investors Investor's Information
Corporate Office:

Sustainable Agro commercial Finance Ltd, 1st Floor, Marshall Building, Shoorji Vallabhdas Marg, Ballard Estate, Fort,
Mumbai - 400001
Boardline: 022-69061999

Visitors Count